Canadian Solar Signs Agreement to Supply 100 MW Battery System in Australia
Canadian Solar (CSIQ) announced that its e-STORAGE unit has signed an agreement to supply a 100 MW/200 MWh battery energy storage system for OX2's Muswellbrook solar farm and battery project located in New South Wales, Australia. The deal is part of the broader renewable energy infrastructure development efforts in the region. The company’s shares rose by 1.3% pre-market following the announcement, reflecting investor confidence in Canadian Solar's growing presence in international markets and its expanding product portfolio for clean energy solutions.
Tickers: $CSIQ
Topics: Energy Storage Infrastructure Solar Energy