Canadian Solar’s CSI Energy Storage Enters into Supply Agreement with Cero Generation and Enso Energy in the UK for 99 MWh of Energy Storage Solutions

Cero, along with their UK growth associate Enso, will use CSI Vitality Storage’s SolBank merchandise for his or her 49.5MW / 99MWh battery vitality storage system, which is related to the Larks Inexperienced photo voltaic PV undertaking in South Gloucestershire, United Kingdom.

Canadian Photo voltaic Inc. (the “Firm” or “Canadian Photo voltaic”) (NASDAQ: CSIQ) introduced immediately that CSI Vitality Storage is a subsidiary of its majority-owned subsidiary CSI Photo voltaic Co., Ltd. (“CSI Photo voltaic”), entered into an settlement to ship 49.5MW/99MWh of turnkey battery vitality storage options to a number one European specialist in photo voltaic vitality growth, manufacturing and storage, Cero Technology (“Cero “), and Enso Vitality (Enso). Cero’s 11 GW growth portfolio is among the largest in Europe, masking utility-scale photo voltaic in addition to built-in vitality storage options.

Cero, along with their UK growth associate Enso, will use CSI Vitality Storage’s SolBank merchandise for his or her 49.5MW / 99MWh battery vitality storage system, which is related to the Larks Inexperienced photo voltaic PV undertaking in South Gloucestershire, United Kingdom. The Larks Inexperienced photo voltaic PV undertaking is the UK’s first transmission-connected photo voltaic farm. Additionally owned and operated by Cero and Enso, it was powered up in Might 2023.

CSI Vitality Storage may also present full commissioning and integration companies for the tasks, along with long-term operations and upkeep, warranties and efficiency ensures. The tasks coated by the settlement are anticipated to succeed in business operation in late 2024.

Marta Martinez Queimadelos, CEO of Cero Technology, stated, “We’re happy to have established a powerful and long-term partnership with CSI Vitality Storage by this undertaking, which is our first vitality storage system in battery getting into the development section. We We look ahead to rising this relationship as we commercialize our pipeline of vitality storage tasks throughout Europe.”

Ian Harding, Director of Enso Vitality, stated: “At Enso Vitality we’re more than happy that we at the moment are capable of work with Canadian Photo voltaic to construct on the success of Larks Inexperienced as the primary UK transmission related photo voltaic farm. Including Canadian Photo voltaic’s battery vitality The On-site storage methods will additional optimize land use in addition to the grid connection there and supply the electrical energy grid with the pliability it must transition to web zero.”

Dr. Shawn Qu, Chairman and CEO of Canadian Photo voltaic, added, “We’re proud to help Cero Technology as they develop the storage tasks wanted to help Britain’s vitality transition. Presently, CSI Vitality Storage is deploying round 2.7 GWh of battery vitality storage options throughout the UK, US, Canada, and China, and is presently executing agreements to ship 739 MWh of vitality storage options to tasks throughout the UK.

As of March 31, 2023, the full pipeline of CSI Vitality Storage is 22.8 GWh.

About Canadian Photo voltaic Inc.
Canadian Photo voltaic was based in 2001 in Canada and is among the largest photo voltaic expertise and renewable vitality corporations on the planet. It’s a main producer of photo voltaic photovoltaic modules, supplier of photo voltaic vitality and battery storage options, and developer of utility-scale solar energy and battery storage tasks with a geographically diversified pipeline in varied levels. to progress. Over the previous 22 years, Canadian Photo voltaic has efficiently delivered almost 94 GW of premium high quality, photo voltaic photovoltaic modules to prospects all over the world. Likewise, since getting into the undertaking growth enterprise in 2010, Canadian Photo voltaic has developed, constructed and related greater than 8.8 GWp in additional than 20 international locations all over the world. Presently, the Firm has roughly 609 MWp of tasks in operation, 6.9 GWp of tasks below building or within the backlog (late-stage), and an extra 17.7 GWp of superior and early-stage tasks. pipeline. Canadian Photo voltaic is among the most bankable corporations within the photo voltaic and renewable vitality business, publicly listed on NASDAQ since 2006. For extra details about the Firm, observe Canadian Photo voltaic on LinkedIn or go to www. canadiansolar.com.

About Zero Technology

Cero Technology is a number one specialist in photo voltaic vitality growth, technology and storage, facilitating the supply of a net-zero future throughout Europe. Run by an skilled group that brings industrial, business, engineering and environmental class to its tasks, Cero is lively in each stage of the life cycle, from planning and building to operation. It really works carefully with native growth companions, suppliers and stakeholders to ship high-impact tasks that positively profit the setting and neighborhood. Cero is an impartial portfolio firm of Macquarie Asset Administration’s Inexperienced Funding Group (GIG), working on a stand-alone foundation.

Media inquiries: cero@standagency.com

About Enso Vitality

Enso Vitality is among the UK’s most skilled renewable vitality builders, centered on creating renewable vitality websites that drive the transition to web zero. Enso’s group of specialists has a deep understanding of the vitality business and how one can meet the wants of a fast-moving sector. With a background in large-scale renewable vitality, the group has delivered over 1.2GW of renewable vitality and storage tasks since 2019.

Enso Vitality believes that solely by the help of the folks most affected by renewable vitality growth can we preserve the lights on. That is why Enso’s professional group is trustworthy, considerate and hardworking, with the ambition to make use of the newest photo voltaic and battery expertise to make a constructive affect on the nation and the communities the place it really works. To seek out out extra go to: https://www .ensoenergy.co.uk/