en.Wedoany.com Reported - e-STORAGE, the energy storage subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ), has signed an agreement with a subsidiary of Swiss renewable energy company Axpo to deploy an 8MW/40MWh battery energy storage system (BESS) in southern Italy. This marks e-STORAGE's first energy storage project in Italy, signifying its official entry into the Italian market and further accelerating its energy storage business expansion in Europe.
The project will be located at Axpo's existing combined-cycle gas turbine power plant in Rizziconi, Calabria, Italy. Construction is expected to begin by the end of 2026, with grid connection and commercial operation planned for early 2028. The project will leverage existing grid connection conditions to provide flexible regulation and power balancing services for the regional power system.
Under the agreement, e-STORAGE will provide a complete battery energy storage system solution for the project, including the 5MWh SolBank 3.0 energy storage system using lithium iron phosphate (LFP) cells, power conversion systems (PCS), and an energy management system (EMS). All core equipment is independently designed and manufactured by e-STORAGE, ensuring supply chain transparency and traceability, providing customers with solid quality and compliance assurance.
This project also marks an important start to the collaboration between e-STORAGE and Axpo, with both parties planning to further deepen cooperation and jointly expand the European energy storage market.
The Rizziconi project is specifically designed to address the unique needs of southern Italy's power grid. In recent years, rapid growth in local photovoltaic installations has led to frequent oversupply of solar power during midday hours, exceeding the grid's absorption capacity and causing curtailment. Meanwhile, the Calabria region has long faced high electricity costs and relatively weak grid interconnection capabilities, creating an urgent need for flexible regulation resources. For Calabria, which has long relied on energy imports from northern Italy and other regions, this project will further enhance local energy security.
Once operational, the energy storage system will effectively store surplus solar power and release it during peak demand periods, thereby alleviating grid stress and improving the utilization rate of renewable energy. The project will also help reduce local electricity costs and enhance the reliability of the regional power system.
Frank Amend, Head of Battery and Hybrid Energy Systems at Axpo Group, expressed delight in launching the company's first battery storage project in Italy, calling it a significant milestone in advancing its energy storage strategy, which will help enhance grid flexibility and accelerate Europe's energy transition. He also expressed pleasure in collaborating with e-STORAGE, noting that its professional integrated solutions align well with Axpo's commitment to providing reliable and innovative energy solutions for European customers.
Jeff Roy, President of e-STORAGE, stated that entering one of Europe's most dynamic energy storage markets through this project fully demonstrates the company's ability to meet real-world grid needs with its technology and solutions. He looks forward to starting the collaboration with Axpo in Italy and building a long-term partnership from this foundation to provide high-quality energy storage solutions to more customers across Europe.
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