Canadian Solar announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with China-based Contemporary Amperex Technology Co. (CATL), a global provider of new energy innovative technologies.
According to the agreement, CSI Solar and CATL will establish a strategic partnership to cooperate holistically in the areas of battery storage system solutions, supply of lithium-ion battery modules, operation and maintenance services of battery storage projects and innovative renewable energy technology.
“We are delighted to partner with CATL to support the rapid growth of our battery storage businesses. The partnership leverages CATL’s innovative battery storage technology and our global reach and experience to provide best-in-class battery storage solutions to our customers,” said Shawn Qu, Canadian Solar’s chairman and CEO. “We now have a global battery storage pipeline of 21 GWh, including 2.9 GWh under construction. Our common goal is to use solar and battery storage technology to support a cleaner, smarter and more reliable global grid, and do our part in contributing to the acceleration of the clean energy transition.”
News item from Canadian Solar