Canadian Solar has executed a strategic partnership and investment with Habitat Energy, a UK start-up that optimises battery storage assets.
The partnership will allow Canadian Solar to offer enhanced technology solutions for developers and owners of battery storage assets to capture additional revenue from trading optimisation, while improving grid stability.
The partnership will use Canadian Solar's “global scale and reach” to provide system solutions and assets with optimization and dispatch services for the storage and solar solutions it provides globally.
It also builds on the Habitat Energy platform's global rollout and its established presence in the UK and Australia.
Canadian Solar is provides turnkey energy storage battery systems and also offers its energy storage customers long term operation and maintenance services including battery capacity augmentation, warranty-wrapped energy capacity and performance guarantees.
Canadian Solar CEO Shawn Qu said: “The power grid of tomorrow is not only built by renewable energy and battery storage, but crucially driven by artificial intelligence, big data, machine learning, cloud computing and many more technologies.
“Habitat Energy is the proven leader in AI-enabled battery optimisation and dispatch services.
“We strongly share Habitat Energy's belief that making merchant battery storage investable at scale is a vital step towards delivering a low carbon future and the preservation of our habitat for generations to come.”