Canadian Solar expands power storage space offerings with CATL partnership

• Canadian Solar announced that its subsidiary CSI Solar authorized a critical cooperation framework agreement with China-based Contemporary Amperex Technology Co. (CATL), an international company of brand-new power ingenious technologies.

According to the agreement, CSI Solar and also CATL will establish a critical partnership to cooperate holistically in the areas of battery storage space system options, supply of lithium-ion battery modules, procedure as well as maintenance solutions of battery storage projects as well as cutting-edge renewable energy technology.

" We are delighted to companion with CATL to sustain the rapid development of our battery storage space businesses. The partnership leverages CATL's ingenious battery storage space technology and our international reach and experience to supply best-in-class battery storage space solutions to our customers," claimed Shawn Qu, Canadian Solar's chairman as well as chief executive officer. "We currently have a global battery storage space pipe of 21 GWh, consisting of 2.9 GWh under construction. Our common objective is to use solar and also battery storage space technology to support a cleaner, smarter as well as more dependable worldwide grid, as well as do our part in contributing to the acceleration of the clean energy transition."