Canadian Solar inks O&M deals for Goldman-owned PV, storage space in US

• Canadian Solar Inc (NASDAQ: CSIQ) stated today it has entered into long-term Operations & Maintenance (O&M) handle regard to 2 solar-plus-storage plants in California that are possessed by Goldman Sachs Asset Management Renewable Power.

Especially, Canadian Solar will offer plant monitoring, NERC registration, efficiency management and also preventative and rehabilitative maintenance for the 300-MW Slate solar park, which is coupled with a 140-MW/561-MWh battery energy storage space system, and simply the 75-MW/300-MWh battery component of the 100-MW Mustang solar plant.

Both projects were developed by Canadian Solar's subsidiary Recurrent Energy in Kings County.

"As we broaden our market management placement from solar power into battery storage project growth as well as systems integration, offering procedures and maintenance services in battery storage space is a natural expansion of Canadian Solar's value proposition," stated Shawn Qu, chairman and CEO of Canadian Solar.

The company's worldwide O&M portfolio currently includes nearly 4 GWp of solar and 860 MWh of storage projects under contract throughout nine nations. It targets 11 GWp of operational solar projects by 2025.