Dec 6, 2023
Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced its majority-owned e-STORAGE will deliver 226 MWh DC of turnkey energy storage solutions to ENGIE in the UK (Scotland). e-STORAGE will construct the two energy storage projects, each with a capacity of 56.5 MW / 113 MWh DC in Cathkin and Broxburn, Scotland, UK. Both sites will be connected to the 33 kV network and are scheduled to reach grid connection in early 2025.
e-STORAGE has signed an Engineering, Procurement, and Construction (EPC) agreement with ENGIE for the construction of both sites. The two BESS projects will employ SolBank, a proprietary containerized energy storage solution using robust and high-cycle capacity lithium-iron-phosphate (LFP) cells, active balancing battery management system (BMS) and efficient thermal management system (TMS). e-STORAGE's SolBank provides customers with superior performance at the highest levels of safety.
The Cathkin and Broxburn energy storage projects will support more than 40,000 homes and play a significant role in facilitating the UK's transition to net zero emissions by 2050.
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Aidan Connolly, Head of ENGIE Battery Storage UK, commented, "ENGIE is looking forward to working with Canadian Solar's e-STORAGE on our Cathkin and Broxburn BESS projects in Scotland. Serving alongside ENGIE's 2.1 GW of existing UK pumped storage assets at Dinorwig and Ffestiniog, these projects will build upon ENGIE's position as a leader in power flexibility in the UK. ENGIE is targeting 10 GW of global battery storage by 2030 to help facilitate the energy transition, and these two Scottish projects are another step on this journey."
Colin Parkin, President of e-STORAGE, commented, "We are very excited to work with ENGIE in the UK to implement these two projects at Broxburn and Cathkin. ENGIE continues to demonstrate its commitment to the deployment of clean, renewable technologies, globally and we are looking forward to supporting our established partnership with ENGIE as we progress in executing our targets to deploy multi-GW of energy storage into the progressive UK energy market in the next few years."