{"id":1562,"date":"2024-12-27T13:40:00","date_gmt":"2024-12-27T04:40:00","guid":{"rendered":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/?p=1562"},"modified":"2025-01-10T13:41:52","modified_gmt":"2025-01-10T04:41:52","slug":"canadian-solar-to-deliver-315-mwh-dc-of-battery-energy-storage-solutions-and-up-to-2-gwp-of-solar-modules-to-sunraycer-projects-in-texas","status":"publish","type":"post","link":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/2024\/1562.html","title":{"rendered":"Canadian Solar to Deliver 315 MWh DC of Battery Energy Storage Solutions and up to 2 GWp of Solar Modules to Sunraycer Projects in Texas"},"content":{"rendered":"\n

KITCHENER, ON, Dec. 12, 2024 \/PRNewswire\/ — Canadian Solar Inc<\/u><\/a>. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that it has executed three significant agreements with Sunraycer Renewables LLC (“Sunraycer”), an Annapolis, Maryland-based renewable energy platform. These include battery energy storage supply and commissioning agreements for two projects in Texas, as well as the purchase of up to 2 GWp of high-efficiency solar modules for various Sunraycer projects.<\/p>\n\n\n\n

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Under the agreements, e-STORAGE,\u00a0Canadian Solar’s\u00a0subsidiary specializing in the design, manufacturing, and integration of battery energy storage systems, will deliver 188 MWh DC to the Gaia project, located in\u00a0Navarro County, and the 127 MWh DC Midpoint project in\u00a0Hill County. Commissioning is scheduled for the third quarter of 2025 for both projects.<\/p>\n\n\n\n

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Collectively, the\u00a0two\u00a0Texas\u00a0energy storage projects will leverage over 60\u00a0SolBank 3.0 battery containers.\u00a0SolBank 3.0<\/a>\u00a0is e-STORAGE’s latest proprietary energy storage solution, featuring high-density lithium-iron-phosphate cells, advanced battery management systems, and innovative liquid cooling thermal management systems. The design of the durable Solbank solution ensures the reliability and security required for large-scale projects in the demanding\u00a0Texas\u00a0environment.<\/p>\n\n\n\n

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Sunraycer’s various upcoming projects will deploy up to 2 GWp of\u00a0Canadian Solar’s\u00a0latest high-efficiency solar modules, with power outputs of up to 725 Wp. These modules offer up to 85% bifaciality and 23.3% module efficiency, along with low power degradation and high energy yield, effectively reducing the levelized cost of energy (LCOE) and system cost.<\/p>\n\n\n\n

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David Lillefloren, CEO of Sunraycer,\u00a0<\/strong>commented, “As Sunraycer continues to grow and evolve its portfolio and pipeline, we are thrilled to be working with\u00a0Canadian Solar\u00a0as its preferred solar panel supplier for Sunraycer’s entire current portfolio and with e-STORAGE on Sunraycer’s initial tranche of energy storage projects.\u00a0Canadian Solar is a proven market leader in renewable energy, and their equipment will help ensure Sunraycer is executing on its mission of delivering solar and battery projects that meet or exceed their performance goals while providing sustainable, clean, and affordable electricity to the grid.”<\/p>\n\n\n\n

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Colin Parkin, President of e-STORAGE,\u00a0<\/strong>stated,\u00a0<\/strong>“We are excited to strengthen our presence in\u00a0Texas\u00a0with the Gaia and Midpoint projects. These two battery energy storage installations represent a significant contribution to\u00a0Texas’s\u00a0growing renewable energy infrastructure, enhancing grid stability and supporting the state’s clean energy transition. With over 6 GWh of energy storage solutions implemented or under construction across the\u00a0U.S., e-STORAGE remains dedicated to delivering innovative, high-performance energy storage systems that drive the integration of renewables and ensure long-term grid reliability.”<\/p>\n\n\n\n

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Thomas Koerner, Corporate Senior Vice President of\u00a0Canadian Solar<\/strong>, added, “We are proud to work with Sunraycer on this up to 2 GWp multi-year partnership. This agreement is a testament to our mutual commitment to delivering and building high-quality solar and energy storage capacity in\u00a0Texas\u00a0and underscores\u00a0Canadian Solar’s\u00a0ability to provide end-to-end solar generation and energy storage system solutions. It is a privilege to work with partners like Sunraycer, and we are grateful for the trust they have placed in\u00a0Canadian Solar.”<\/p>\n\n\n\n

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About Sunraycer Renewables LLC<\/strong><\/p>\n\n\n\n

Sunraycer is a rapidly growing,\u00a0Annapolis, Maryland-based renewable energy platform that has a development and construction stage pipeline of approximately 2 GW of solar and 2 GW of BESS utility-scale power plants.\u00a0Sunraycer provides pre-NTP and acquisition capital to developers involved in all types of renewable energy endeavors. Its goal is to streamline the complexities of development and eliminate financing challenges for the developer community. Sunraycer leverages enterprise-scale partnerships and relationships with proven industry leaders, as well as an experienced and driven in-house team of renewable energy experts, to accelerate the deployment of development-stage projects.\u00a0For more information, please visit Sunraycer’s website at\u00a0https:\/\/sunraycer.com\/<\/a>\u00a0or follow Sunraycer on\u00a0LinkedIn<\/a>\u00a0for the latest company news and events.<\/p>\n\n\n\n

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About e-STORAGE<\/strong><\/p>\n\n\n\n

e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in designing, manufacturing, and integrating battery energy storage systems for utility-scale applications. e-STORAGE offers proprietary battery energy storage solutions, comprehensive EPC services, and innovative solutions aimed at improving grid operations. Currently, e-STORAGE operates two fully automated, state-of-the-art manufacturing facilities with an annual battery production capacity of 20 GWh. For more info, please refer to the Media&PR section of www.csestorage.com<\/a> and follow our LinkedIn<\/a> page.<\/p>\n","protected":false},"excerpt":{"rendered":"

KITCHENER, ON, Dec. 12, 2024 \/PRNewswire\/ — Canadian Solar Inc. (the “Company& […]<\/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-1562","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\/1562","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=1562"}],"version-history":[{"count":2,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/1562\/revisions"}],"predecessor-version":[{"id":1564,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/posts\/1562\/revisions\/1564"}],"wp:attachment":[{"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/media?parent=1562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/categories?post=1562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/wp-json\/wp\/v2\/tags?post=1562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}