e-STORAGE Secures 95MW/426MWh Energy Storage Order in Florida

en.Wedoany.com Reported - e-STORAGE, the energy storage subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ), announced the signing of a supply agreement with a Florida-based electric utility company to provide a 95MW/426MWh (DC) battery energy storage system (BESS). The project is scheduled to begin installation in the second half of 2027 and commence commercial operation in early 2028.

Under the agreement, e-STORAGE will provide a complete BESS turnkey solution, including the 5MWh SolBank 3.0 energy storage system utilizing lithium iron phosphate (LFP) cells, power conversion systems (PCS), and an energy management system (EMS). All core equipment is independently designed, developed, and manufactured by e-STORAGE, ensuring supply chain transparency and traceability. Once operational, the 426MWh energy storage system will discharge stored electricity during peak demand periods, assisting the utility in optimizing energy dispatch, reducing power supply costs, and enhancing grid flexibility and reliability.

This partnership marks e-STORAGE's official entry into the Florida market. With the state's rapidly growing solar installations and rising seasonal peak electricity demand, large-scale energy storage is increasingly becoming a critical support for ensuring reliable grid operation. Jeff Roy, President of e-STORAGE, stated that Florida is one of the fastest-growing energy storage markets in the United States, and this collaboration further expands the company's local market presence while demonstrating its ability to deliver integrated energy storage solutions for complex power management scenarios.

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