Developer Recurrent Energy, an arm of solar PV and ESS manufacturer Canadian Solar, has secured a 20-year agreement with a local utility for a 1,200MWh battery storage project in Arizona.
Canadian Solar shipped just 18MWh of energy storage in the first three months of the year, while growing its contracted revenues for the segment to US$1.3 billion.
The energy storage arm of PV module giant Canadian Solar will supply 363MWh of its battery energy storage systems (BESS) to developer Aypa Power for a project in Texas.
Canadian Solar doubled its energy storage shipments to 1.79GWh in 2022 although expects significant lower growth in 2023 due to transitioning its utility-scale product.
Canadian Solar has launched a utility-scale energy storage product and announced a battery manufacturing capacity target of 10GWh by end-2023, up from 2.5GWh today.
