{"id":1712,"date":"2025-11-14T10:00:00","date_gmt":"2025-11-14T01:00:00","guid":{"rendered":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/?p=1712"},"modified":"2025-11-14T11:45:33","modified_gmt":"2025-11-14T02:45:33","slug":"e-storage-secures-a-battery-energy-storage-project-in-germany-as-part-of-its-european-expansion","status":"publish","type":"post","link":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/2025\/1712.html","title":{"rendered":"e-STORAGE Secures a Battery Energy Storage Project in Germany as Part of its European Expansion"},"content":{"rendered":"\n

KITCHENER, ON,\u00a0Nov. 12, 2025\u00a0\/PRNewswire\/ —\u00a0Canadian Solar Inc.<\/a>\u00a0(the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that\u00a0e-STORAGE<\/a>, part of the Company’s majority-owned subsidiary\u00a0CSI Solar Co., Ltd.\u00a0(“CSI Solar”), has signed a Battery Energy Storage System (BESS) \u00a0Supply Agreement for a 20.7 MW \/ 56 MWh DC energy storage project in\u00a0Lower Saxony, Germany. The agreement also includes a 20-year Long-Term Service Agreement (“LTSA”).

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By delivering bankable technology and lifecycle services, e-STORAGE supports the build-out of flexible grid infrastructure that enables renewable integration and system stability in key European markets.

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e-STORAGE will supply and commission an integrated BESS solution based on its proprietary\u00a0SolBank<\/a>\u00a0technology platform. Shipments are scheduled to begin in\u00a0March 2026, with commissioning targeted for later that year. The LTSA will provide long-term maintenance and performance services to ensure operational reliability throughout the project’s lifespan.

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The project was developed by Kyon Energy, which will also serve as the Engineering, Procurement, and Construction Management (EPC-M) contractor until commercial operation.

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Florian Antwerpen, Managing Director of Kyon Energy<\/strong>, said, “Large-scale battery storage systems are a key component of\u00a0Germany’s\u00a0energy transition and security of supply. They provide the urgently needed flexibility in the power grid \u2013 more efficiently than any other technology. As one of the leading developers and operators of BESS in\u00a0Germany, we are consistently driving forward the expansion of this infrastructure.”

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Colin Parkin, President of e-STORAGE,<\/strong>\u00a0said, “Strengthening grid flexibility is central to\u00a0Europe’s\u00a0energy transition, and bankable storage assets have an increasingly important role in that process. We are committed to supporting this need in\u00a0Germany\u00a0and across the region through responsible, long-term participation in the market.”

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About Canadian Solar Inc.<\/strong><\/p>\n\n\n\n

Canadian Solar\u00a0is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in\u00a0Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years,\u00a0Canadian Solar\u00a0has successfully delivered nearly 165 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE,\u00a0Canadian Solar\u00a0has shipped over 13 GWh of battery energy storage solutions to global markets as of\u00a0June 30, 2025, boasting a\u00a0$3 billion\u00a0contracted backlog as of\u00a0June 30, 2025. Since entering the project development business in 2010,\u00a0Canadian Solar\u00a0has developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 27 GWp of solar and 80 GWh of battery energy storage capacity in various stages of development.\u00a0Canadian Solar\u00a0is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow\u00a0Canadian Solar\u00a0on LinkedIn or visit\u00a0www.canadiansolar.com<\/a>.

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

e-STORAGE is a subsidiary of\u00a0Canadian Solar\u00a0and 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 fully automated, state-of-the-art manufacturing facilities with an annual battery energy storage system capacity of 10 GWh and battery cell capacity of 3 GWh. For more info, please refer to the Media&PR section of\u00a0www.csestorage.com<\/a>\u00a0and follow our LinkedIn page.

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About Kyon Energy<\/strong><\/p>\n\n\n\n

Kyon Energy is a leading German project development company that focuses on large battery storage systems and, in addition to project planning, also acts as an EPCM (Engineering, Procurement, Construction, and Management) and operator of the plants. With 155 MW of battery storage systems successfully developed and sold, over 1.7 GW of approved and ready for construction projects and a current project pipeline of over 7 GW, Kyon Energy is one of the market leaders in\u00a0Germany. The company, which was acquired by TotalEnergies in\u00a0January 2024, has a particular focus on the development and optimization of multi-use strategies, combined with deep expertise in project development and management as well as the regulation of large battery storage systems. Through its battery storage systems, Kyon Energy is a driver of the energy revolution and strives for a world powered by renewable, sustainable and independent energy.

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Safe Harbor\/Forward-Looking Statements<\/strong><\/p>\n\n\n\n

Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the\u00a0U.S.\u00a0Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “believes,” “expects,” “anticipates,” “intends,” “estimates,” the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar power and battery energy storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to global pandemics; supply chain disruptions; governmental support for the deployment of solar power and battery energy storage; future available supplies of silicon, solar wafers and lithium cells; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as\u00a0China, the\u00a0U.S.,\u00a0Europe,\u00a0Brazil\u00a0and\u00a0Japan; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance (“ESG”) requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; the pipeline of projects and timelines related to them; the ability of the parties to optimize value of that pipeline; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on\u00a0April 30, 2025. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and\u00a0Canadian Solar\u00a0undertakes no duty to update such information, except as required under applicable law.

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CANADIAN SOLAR INC.\u00a0INVESTOR RELATIONS CONTACT<\/strong>
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com<\/a>\u00a0

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e-STORAGE MEDIA CONTACT<\/strong> 
marketing@csisolar.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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