{"id":1216,"date":"2023-05-24T12:58:28","date_gmt":"2023-05-24T03:58:28","guid":{"rendered":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/?p=1216"},"modified":"2023-05-24T13:09:03","modified_gmt":"2023-05-24T04:09:03","slug":"%e3%82%ab%e3%83%8a%e3%83%87%e3%82%a3%e3%82%a2%e3%83%b3%e3%83%bb%e3%82%bd%e3%83%bc%e3%83%a9%e3%83%bc%e5%ad%90%e4%bc%9a%e7%a4%be%e3%81%aecsi-energy-storage%e3%81%8cblackstone%e7%a4%be%e5%82%98%e4%b8%8b","status":"publish","type":"post","link":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/2023\/1216.html","title":{"rendered":"CANADIAN SOLAR’S CSI ENERGY STORAGE EXPANDS SUPPLY AGREEMENT WITH BLACKSTONE-BACKED AYPA POWER FOR 363 MWH TEXAS STORAGE PROJECT"},"content":{"rendered":"\n

GUELPH, ON, May 17, 2023 \/PRNewswire\/ — Canadian Solar Inc<\/a>. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”), will deliver 363 MWh of battery energy products to an Aypa Power project in Texas. The project is expected to reach commercial operation by Q2 2024.<\/p>\n\n\n\n

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The supply agreement announced today expands CSI Energy Storage’s partnership with\u00a0Aypa Power. In February, the companies\u00a0announced<\/a>\u00a0that they had executed a contract for 487 MWh of energy storage products to support\u00a0Aypa Power’s\u00a0Cald project in\u00a0Southern California. With today’s announcement, CSI Energy Storage will be servicing\u00a0Aypa Power\u00a0with a total of 850 MWh of battery energy storage.<\/p>\n\n\n\n

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Dr.\u00a0Shawn Qu<\/a>, Chairman and CEO of\u00a0Canadian Solar,\u00a0<\/strong>said,\u00a0“Aypa Power\u00a0has one of the most robust pipelines of standalone energy storage projects across\u00a0North America\u00a0and CSI Energy Storage is pleased to be a trusted partner as Aypa continues to execute on its late-stage energy storage and hybrid development projects. We look forward to bringing these two impactful projects online to support the rapidly expanding energy storage market in\u00a0the United States.”<\/p>\n\n\n\n

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Moe Hajabed, CEO of\u00a0Aypa Power<\/strong>, said “We’re excited to expand our partnership with CSI Energy Storage. This supply agreement is a crucial step in our efforts to bring reliable and sustainable energy to\u00a0California\u00a0and\u00a0Texas. With our project development and operations expertise combined with\u00a0Canadian Solar’s\u00a0leading-edge technology, we can meet the growing demand for energy storage in the US. Together, we’ll drive innovation and accelerate the transition to a cleaner, more resilient grid.”<\/p>\n\n\n\n

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The project will utilize CSI Energy Storage’s SolBank, a proprietary battery energy storage solution designed and manufactured for utility-scale applications. CSI Energy Storage has deployed around 2.7 GWh of battery energy storage solutions to date across the United States, Canada, the United Kingdom, and China. As of January 31, 2023, CSI Energy Storage’s total pipeline has reached nearly 25 GWh.<\/p>\n\n\n\n

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About Aypa Power<\/strong>
Aypa Power is a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects. As an independent power producer, the company was founded with a mission to reduce reliance on fossil fuels, combat climate change, and enhance grid reliability and resiliency. Aypa has been at the forefront of energy storage development since their first energy storage project came online in 2018. The company currently has more than 15GW in development across North America. For more information, follow Aypa Power on LinkedIn<\/a> or visit www.aypa.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

GUELPH, ON, May 17, 2023 \/PRNewswire\/ — Canadian Solar Inc. (the “Company” or […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1216","post","type-post","status-publish","format-standard","hentry","category-releases"],"_links":{"self":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/1216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/comments?post=1216"}],"version-history":[{"count":2,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/1216\/revisions"}],"predecessor-version":[{"id":1219,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/1216\/revisions\/1219"}],"wp:attachment":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/media?parent=1216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/categories?post=1216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/tags?post=1216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}