Canadian Solar Says Its Its Majority-owned e-STORAGE Will Deliver 226 MWh DC Of Turnkey Energy Storage Solutions To ENGIE In The UK (Scotland)
Portfolio Pulse from Benzinga Newsdesk
Canadian Solar Inc. announced that its majority-owned subsidiary e-STORAGE will deliver 226 MWh of turnkey energy storage solutions to ENGIE in the UK, specifically in Scotland.
December 06, 2023 | 12:12 pm
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Canadian Solar's subsidiary e-STORAGE is set to provide 226 MWh of energy storage solutions to ENGIE, indicating a significant business development for the company in the UK energy market.
The announcement of a new deal for Canadian Solar's subsidiary e-STORAGE to provide a substantial amount of energy storage solutions to ENGIE is likely to be viewed positively by investors. It demonstrates the company's growing presence in the renewable energy sector and its ability to secure significant contracts. This could lead to increased investor confidence and a potential short-term uptick in CSIQ's stock price.
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