Canadian Solar Secures Contract for 98 MW Battery Storage Project in Chile
Portfolio Pulse from Benzinga Newsdesk
Canadian Solar Inc. (NASDAQ:CSIQ) has secured a contract for a 98 MW battery storage project in Chile, set to begin construction in early 2025. The project will utilize Canadian Solar's SolBank 3.0 energy storage solution.
October 01, 2024 | 11:24 am
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Canadian Solar Inc. has secured a significant contract for a 98 MW battery storage project in Chile, which will utilize its SolBank 3.0 energy storage solution. This project is expected to enhance Canadian Solar's presence in the renewable energy sector.
The contract for a 98 MW battery storage project in Chile is a significant win for Canadian Solar, likely to positively impact its stock price. The use of its SolBank 3.0 solution highlights its technological capabilities and strengthens its position in the renewable energy market.
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