CSI Solar secures multi-service contract for 1.4 GWh battery project

A unit of Canadian Solar Inc (NASDAQ:CSIQ) has secured a contract to supply a battery solution and take on several contractor roles for the 350-MW/1,400-MWh Crimson storage project in California, the Canadian photovoltaics group said Thursday.

Just recently Recurrent Energy LLC, another Canadian Solar unit, finalised the sale of an 80% stake in Crimson to Axium Infrastructure.

Canadian Solar said its majority-owned subsidiary CSI Solar Co Ltd was invited to deliver a fully bankable, lithium iron phosphate-based technology battery system for the stand-alone storage project in Riverside County. It will also provide engineering, procurement and construction and long-term maintenance services.

The long-term services part of the contract includes the operation and maintenance of the battery systems and their future augmentation services.

Crimson will be augmented with planned additional installed battery capacity of around 300 MWh to be installed on regular frequencies over the 15-year term of the long term service contract, Canadian Solar added.

Equipment delivery and construction are due to commence shortly.

The Crimson battery is expected to reach commercial operation by the summer of 2022. It will operate under long-term stand-alone storage contracts with utilities Southern California Edison (SCE) and Pacific Gas and Electric (PG&E).

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