Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), will deliver 408 MWh AC Battery Energy Storage System (BESS) to Vena Energy for its Tailem Bend 3 project in South Australia.
Working alongside Vena Energy and Balance of Plant partner Consolidated Power Projects Australia Pty Ltd (CPP), e-STORAGE will deliver the 204 MW / 408 MWh AC Tailem Bend 3 BESS as a turnkey EPC solution using nearly 100 SolBank 3.0 battery containers. The project, located in Tailem Bend, South Australia, is under construction and is targeted to begin operation in 2027. Under an initial 5-year Long Term Service Agreement (LTSA), e-STORAGE will also be responsible for battery energy storage system maintenance.
The Tailem Bend 3 project will strengthen grid stability in South Australia and further support renewable energy integration, building on Vena Energy's previous developments in the region.
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Download free sample pagesOwen Sela, Head of Australia at Vena Energy, said, "The Tailem Bend 3 BESS will be Vena Energy's third energy storage project in Australia, underscoring our continued expansion of grid-supporting storage across the region. The project represents a significant milestone in Vena Energy's growth strategy and a major expansion of our energy storage capabilities. This 408 MWh system adds substantial storage capacity that will support South Australia's world-leading renewable energy adoption, while aligning with our commitment to developing utility-scale renewable energy and storage assets that contribute to Australia's clean energy transition."
Colin Parkin, President of e-STORAGE, added, "The Tailem Bend 3 project marks the fourth battery energy storage system e-STORAGE is delivering in Australia. With this addition, our Australian footprint now totals approximately 2 GWh, including projects delivered and currently under construction. We are pleased to support South Australia's energy transition by delivering a reliable, utility-scale storage system that enables greater renewable integration and long-term grid resilience."
