CSI Energy Storage Launches Energy Storage Battery Solution for Utility Applications

Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will launch SolBank- a proprietary-designed and manufactured energy storage battery solution for utility-scale applications.

Canadian Solar held that CSI Energy Storage will also expand its battery manufacturing capacity from the existing 2.5 GWh to 10 GWh by the end of 2023. The company said that the SolBank battery energy storage solution will be showcased at the RE+ trade show from September 19 to 22 in Anaheim, California.

Canadian Solar claims to be one of the world’s largest solar technology and renewable energy companies.

The official statement read that SolBank is a lithium iron phosphate (LiFePO4) chemistry-based battery enclosure with up to 2,800 KWh of usable energy capacity, specifically engineered to be one of the safest and most reliable systems for utility-scale applications. It has liquid cooling and humidity control, active balancing Battery Management System technologies, and complies with the latest international safety standards.

CSI Energy Storage is producing SolBank at its workshops in Jiangsu Province, China. The current annual battery manufacturing output capacity is 2.5 GWh and is expected to reach 10 GWh by the end of 2023. These workshops include the manufacturing of its own proprietary designed battery modules, packs and testing facilities.

To complement the SolBank battery solution, CSI Energy Storage says that it also provides additional value services to its customers, including full commissioning and integration services, turnkey EPC project execution and long-term operational service and capacity maintenance.

In the second quarter of CSI Energy Storage’s system integration’s total pipeline reached 11 GWh, including 861 MWh under long-term service agreements, 1.9 GWh under construction and an additional earlier stage pipeline of 8.2 GWh.

Dr. Shawn Qu, Chairman and CEO of Canadian Solar, said, “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.”