Canadian Solar Inc (NASDAQ:CSIQ) said today it has set foot into the utility-scale energy storage market in the UK by securing work on four battery storage projects exceeding 100 MWh in total.
The award for all four projects comes from Pulse Clean Energy, which has contracted Canadian Solar to deliver the systems and provide engineering, procurement and construction (EPC) services as part of a long-term partnership between the two companies.
Canadian Solar will maintain and operate the facilities over a 10-year period.
The batteries will enable Pulse Clean Energy to optimise ancillary grid-services, improve energy balancing capabilities and capture multiple streams of revenue.
"These projects mark the start of our battery conversion program in the UK. We previously acquired nine diesel generation sites, with a vision to decommission and repurpose these locations as grid-scale storage and energy optimisation assets,” said Trevor Wills, COO of Pulse Clean Energy.
As of end January, Canadian Solar's energy storage portfolio amounted to 300 MWh of projects under a long-term service agreement, 2,043 MWh of projects under construction and a remaining pipeline that exceeds 4 GWh.
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