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Canadian Solar targeting 10GWh battery production capacity by 2024 as it launches new utility-scale storage offering

September 19, 2022
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Canadian Solar targeting 10GWh battery production capacity by 2024 as it launches new utility-scale storage offering
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Canadian Photo voltaic, whose sales space is pictured right here at PV Expo, has focused a quadrupling of its present battery manufacturing capability by the top of subsequent yr. Picture: PV Tech

Canadian Photo voltaic introduced a goal of 10GWh of battery manufacturing capability by the top of 2023, up from 2.5GWh in the present day, because it launched a brand new storage product for the utility-scale market.

The vertically built-in photo voltaic PV and storage firm, based mostly in Ontario however with manufacturing primarily in China, has launched SolBank, a proprietary designed and manufactured power storage battery answer.

The product makes use of lithium iron phosphate (LFP) battery cells and has an power capability of as much as 2.8MWh per unit, and comes with liquid cooling and humidity management and an lively balancing battery administration system (BMS).

It’s being launched by subsidiary CSI Power Storage which is producing the SolBank at its workshops in Jiangsu Province in China. The present annual battery manufacturing output capability there’s 2.5GWh and is predicted to achieve 10GWh by the top of 2023, the corporate stated.

This consists of the manufacturing of its personal proprietary designed battery modules, packs and containerisation into ready-to-go power storage system options.

The corporate will present all of the wrap-around companies alongside the SolBank answer, together with full commissioning and integration companies, turnkey engineering, procurement and development (EPC) venture execution and long-term operational and upkeep (O&M) companies.

Dr. Shawn Qu, chairman and CEO of Canadian Photo voltaic, commented: “Our manufacturing capability in battery storage will spur the continued progress of our battery storage options enterprise, which is able to in flip improve the synergies with our battery storage venture growth enterprise. Photo voltaic plus battery storage shall be one of many key options to fight local weather change. We look ahead to working along with our current and new companions and contribute to world decarbonisation efforts.”

See also  Lightsource bp Opens 130 MW Black Bear Solar Project with AMEA PPA in Place

Canadian Photo voltaic stated CSI Power Storage has an power storage system integration pipeline of 11GWh, together with 861MWh underneath long-term service agreements, 1.9GWh underneath development or contracted and a further earlier stage pipeline of 8.2GWh. Nevertheless, its venture growth companies, together with Recurrent Power within the US, have a pipeline of more than 31GWh of battery energy storage projects.

The CSI Power Storage Staff shall be showcasing the brand new storage system at RE+ in Anaheim, US, subsequent week from 19-22 September. Members of the Photo voltaic Media editorial workforce from each Power-Storage.information and PV Tech may even be in attendance.

This text initially appeared on PV Tech’s sister website Energy-storage.news on 15 September. You possibly can view the unique article here.

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Tags: 10GWhBatteryCanadianCapacitylaunchesofferingProductionsolarstoragetargetingutilityscale
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