Canadian Solar has made its first move in the UK battery energy storage space after signing a number of agreements with Pulse Clean Energy.
It will provide integrated energy storage systems, as well as engineering, procurement and construction (EPC) services for four battery storage projects with a total capacity of more than 100MWh.
Additionally, Canadian Solar will maintain and operate the battery assets via a 10-year long-term service agreement. Its solutions will allow Pulse Clean Energy to optimise the assets in ancillary grid-services, capturing multiple revenue streams, the company said.
“Over the past 3 years, we have built a track record of 2.5GWh for energy storage in the United States. Now, customers in other markets are turning to us. Such partnerships in implementing energy storage strategies are instrumental to support the clean energy transition,” Canadian Solar chairman and CEO Shawn Qu said.
As of the end of January, Canadian Solar had 300MWh of energy storage projects under long-term services agreements, a further 2,043MWh under construction and a pipeline of over 4GWh.
While this is the company’s first battery energy storage project in the UK, it has solar power projects in the market, and is currently developing the 350MW Mallard Pass Solar Farm together with Windel Energy, which forms part of a 1.4GWp pipeline of solar the two companies are targeting together.