Canadian Solar’s project development subsidiary Recurrent Energy has sold a majority stake in its 350MW / 1,400MWh Crimson energy storage project currently awaiting the start of construction in California.
Canadian Solar has seen a “surge in demand for battery storage capacity,” CEO Dr Shawn Qu said, as the vertically-integrated solar PV company reported its latest quarterly financial results.
Vertically-integrated solar PV company Canadian Solar has been awarded a 45MW / 45MWh battery storage project by Colombia’s Ministry of Energy and Mines.
Recurrent Energy, the project development subsidiary of vertically-integrated solar PV company Canadian Solar, has claimed that it has 2.3GWh of battery storage projects in “late-stage development”.
Solar module manufacturer and developer Canadian Solar has launched a US$150 million fundraise to support its growth strategy and build out a substantial battery energy storage business.
Two community energy groups in California have partnered to buy the energy output of a 150MW solar farm with 180MWh of battery energy storage from Recurrent Energy, the US-based utility-scale solar project developer subsidiary of Canadian Solar.
