{"id":1826,"date":"2026-02-09T10:00:00","date_gmt":"2026-02-09T01:00:00","guid":{"rendered":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/?p=1826"},"modified":"2026-02-09T13:27:58","modified_gmt":"2026-02-09T04:27:58","slug":"e-storage-and-sunraycer-announce-503-mwh-battery-energy-storage-projects-in-texas","status":"publish","type":"post","link":"https:\/\/canadiansolar-energy.co.jp\/en\/news_release\/2026\/1826.html","title":{"rendered":"e-STORAGE and Sunraycer Announce 503 MWh Battery Energy Storage Projects in Texas"},"content":{"rendered":"\n

KITCHENER, ON,\u00a0Feb. 5, 2026\u00a0\/PRNewswire\/ —\u00a0Canadian Solar Inc.\u00a0<\/a>(the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that\u00a0e-STORAGE<\/a>, its energy storage solutions business, and\u00a0Sunraycer,<\/a>\u00a0a leading developer, owner, and operator of clean energy power sites, have entered into agreements for the supply and long-term servicing of two standalone battery energy storage projects totaling 503 MWh DC in\u00a0Franklin\u00a0County,\u00a0Texas.

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The projects, collectively referred to as the Lupinus projects, are being developed by Sunraycer. They comprise Lupinus 1, a 202 MWh facility expected to begin construction in Q1 2027 and reach commercial operation in Q3 2027, and Lupinus 2, a 301 MWh facility scheduled to start construction in Q3 2026 and achieve commercial operation in Q2 2027.

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Under the agreements, e-STORAGE will deliver its\u00a0SolBank 3.0\u00a0<\/a>battery energy storage system and provide 10 years of long-term services, supporting system reliability, performance optimization, and availability throughout the project lifecycle. The battery cells integrated into SolBank 3.0 are manufactured within\u00a0Canadian Solar’s\u00a0global manufacturing network, reinforcing supply chain resilience and long-term operational reliability at scale.

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The Lupinus projects will play a vital role in supporting renewable energy integration and enhancing grid stability within the\u00a0ERCOT\u00a0market, one of\u00a0North America’s\u00a0fastest-growing and most dynamic energy storage markets. This collaboration reflects both companies’ shared commitment to deploying secure, scalable, and efficient energy storage solutions that enable a more flexible and resilient power grid.

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David Lillefloren, CEO of Sunraycer,<\/strong>\u00a0said: “Partnering with e-STORAGE on the Lupinus projects represents a significant step forward in Sunraycer’s mission to advance sustainable energy infrastructure across\u00a0Texas\u00a0and beyond. These projects both strengthen the reliability of the\u00a0ERCOT\u00a0grid and underscore the critical role of battery storage in supporting the clean energy transition. Together with e-STORAGE, we’re delivering long-term value to our communities and customers in\u00a0Texas.”

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Colin Parkin, President of\u00a0Canadian Solar\u00a0and President of e-STORAGE,<\/strong>\u00a0said: “We are pleased to partner with Sunraycer on the Lupinus projects in\u00a0Texas. Building on our established collaboration, these systems will leverage our BESS technology and service platform to deliver long-term operational value and support the continued growth of reliable, utility-scale energy storage infrastructure across\u00a0Texas.”

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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,\u00a0Ontario, 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 170\u00a0GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE,\u00a0Canadian Solar\u00a0has shipped over 16\u00a0GWh\u00a0of battery energy storage solutions to global markets as of\u00a0September\u00a030, 2025, boasting a\u00a0$3.1\u00a0billion\u00a0contracted backlog as of\u00a0October 31, 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 25\u00a0GWp of solar and 81\u00a0GWh 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.\u00a0For additional information about the Company, follow\u00a0Canadian Solar\u00a0on\u00a0LinkedIn\u00a0<\/a>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 15 GWh and battery cell capacity of 3 GWh, on a single-shift and double-shift annualized basis, respectively. For more info, please refer to the Media&PR section of\u00a0www.csestorage.com<\/a>\u00a0and follow our\u00a0LinkedIn<\/a>\u00a0page.

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

Sunraycer, a\u00a0Crayhill Capital Management\u00a0portfolio company, 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. Sunraycer 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 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. For more information, please visit Sunraycer’s website at\u00a0https:\/\/sunraycer.com\/\u00a0<\/a>or follow Sunraycer on LinkedIn for the latest company news and events.

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

Certain statements in this press release, including those regarding the Company’s expected future shipment volumes, revenues, gross margins, and project sales 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 “may”, “will”, “expect”, “anticipate”, “future”, “ongoing”, “continue”, “intend”, “plan”, “potential”, “prospect”, “guidance”, “believe”, “estimate”, “is\/are likely to” or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were 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. Investor Relations Contact<\/strong><\/p>\n\n\n\n

Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com<\/a>

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e-STORAGE MEDIA CONTACT
<\/strong>marketing@csisolar.com<\/a>\u00a0

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Sunraycer Media Inquiries<\/strong>
Jake Forrestal
Prosek Partners
pro-crayhill@prosek.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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