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

Core Insights - Canadian Solar Inc. has signed three significant agreements with Sunraycer Renewables LLC, including battery energy storage supply and commissioning agreements for two Texas projects and the purchase of up to 2 GWp of high-efficiency solar modules [1][4]. Group 1: Agreements and Projects - The agreements involve e-STORAGE, a subsidiary of Canadian Solar, which will deliver 188 MWh DC to the Gaia project and 127 MWh DC to the Midpoint project, with commissioning set for Q3 2025 [2]. - The two Texas energy storage projects will utilize over 60 SolBank 3.0 battery containers, featuring high-density lithium-iron-phosphate cells and advanced thermal management systems [3]. Group 2: Solar Modules and Efficiency - Sunraycer's upcoming projects will deploy up to 2 GWp of Canadian Solar's latest solar modules, which have power outputs of up to 725 Wp, 85% bifaciality, and 23.3% module efficiency [4]. Group 3: Company Statements and Market Position - David Lillefloren, CEO of Sunraycer, emphasized the partnership with Canadian Solar as crucial for delivering high-performance solar and battery projects [5]. - Colin Parkin, President of e-STORAGE, highlighted the significance of the Gaia and Midpoint projects in enhancing Texas's renewable energy infrastructure [5]. - Thomas Koerner, Corporate Senior VP of Canadian Solar, noted the partnership as a testament to their commitment to high-quality solar and energy storage capacity in Texas [5]. Group 4: Company Background - Canadian Solar is one of the largest solar technology companies globally, having delivered around 142 GW of solar modules and developed approximately 11 GWp of solar power projects [8]. - e-STORAGE operates with an annual battery production capacity of 20 GWh and has shipped around 9 GWh of battery energy storage solutions globally [9].