CSI Energy Storage, a subsidiary of Canadian Solar, will launch a proprietary designed and manufactured energy storage battery solution for utility-scale applications.
Dubbed SolBank, the company’s lithium iron phosphate battery enclosure has a usable energy capacity of 2,800kWh.
In addition, it is designed with liquid cooling and humidity control along with active balancing battery management system (BMS) technologies.
CSI Energy Storage currently produces the SolBank at its workshops in Jiangsu Province in China. The current annual battery manufacturing output capacity is 2.5GWh and is expected to reach 10GWh by the end of 2023.
Chairman and CEO of Canadian Solar Dr Shawn Qu commented: “We are delighted to launch our proprietary battery storage product, the SolBank, which is one of the best in the market in terms of product safety and cost competitiveness.
“Our manufacturing capacity in battery storage will spur the continued growth of our battery storage solutions business, which will in turn enhance the synergies with our battery storage project development business.
“Solar plus battery storage will be one of the key solutions to combat climate change. We look forward to working together with our existing and new partners and contribute to global decarbonisation efforts.”