Recurrent Energy Indications Contract For 600 MWh Energy Storage Space Project

• This is the second phase of the crimson project to start in summer 2022.
• It is projected to plan for prospective severe weather in the summers of 2021 and 2022.

A wholly-owned subsidiary of Canadian Solar Inc., Recurrent Energy today announced authorizing a 15-year Resource Adequacy agreement with Pacific Gas & Electric (PG&E) to supply 150 MW/ 600 MWh of energy storage space in phase 2 of the Crimson project.

According to the company, the 350 MW/ 1,400 MWh Crimson project will certainly be one of the biggest battery energy storage space projects on the planet when it comes online beginning in summer 2022.

Earlier this year, Southern California Edison granted Recurrent Energy a long-term energy storage space contract for 200 MW/ 800 MWh for phase 1 of the Crimson project located in Waterfront County, California. Both agreements are stand-alone storage space projects as well as belong to dependability purchases directed by the California Public Utilities Compensation (CPUC).

The freshly authorized contract with PG&E is especially in action to a decision by the CPUC in March for the California energies to "do something about it to get ready for potential severe climate in the summers of 2021 and also 2022." This additional energy storage ability even more supports Governor Newsom's current emergency pronouncement to speed up new tidy energy projects in light of the continuous extreme weather and also climate dilemma encountered by the state.

Speaking of the project, "It is ending up being progressively important to be able to send out energy to the grid throughout heatwaves as well as various other peak demand occasions. We delight in to help PG&E improve grid reliability in California by giving seriously required resource adequacy capacity through our long-lasting battery storage service," claimed Dr. Shawn Qu, Chairman & Chief Executive Officer of Canadian Solar.

He added, "We are accelerating all our advancement processes to guarantee we reach the target industrial operation date of summer 2022. We thank our partners for their trust and support, and look forward to giving much more risk-free, dependable, economical, and clean battery storage space services to the areas we serve.".

Recently, Recurrent Energy has actually increased its energy storage footprint in the United States with numerous leading Battery Energy Storage Systems (BESS) got to be integrated in 2021 as well as 2022. These projects cover retrofits as-a-service, solar plus storage PPAs, and also stand-alone storage space tolling arrangements.