Canadian Solar expands energy storage offerings with CATL partnership
Canadian Solar has announced that its subsidiary CSI Solar has signed a framework strategic partnership agreement with China-based Contemporary Amperex Technology Co. (CATL), a global provider of new energy innovative technologies.
Under the agreement, CSI Solar and CATL will enter into a strategic partnership to collaborate holistically in battery storage system solutions, supply of lithium-ion battery modules, operation and maintenance services of battery storage projects, and innovative renewable energy technology.
“We are excited to partner with CATL to support the rapid growth of our battery storage business. The partnership leverages CATL’s innovative battery storage technology and our global reach and experience to provide our customers with the best battery storage solutions,” said Shawn Qu, Canadian Solar Chairman and CEO. “We now have a global battery storage pipeline of 21 GWh, of which 2.9 GWh is under construction. Our common goal is to use solar and battery storage technology to support a cleaner, smarter and more reliable global network and do our part to accelerate the transition to clean energy.”
News item from Canadian Solar