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Transactions - JANUARY 5, 2023

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Canadian Solar to provide 550MW of energy-storage products to Pulse Clean Energy

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CSI Energy Storage, part of Canadian Solar’s majority-owned subsidiary CSI Solar Co., has been selected to provide up to 550 megawatt hours of SolBank energy-storage products to Pulse Clean Energy to be used in various U.K.-based projects.

The energy storage projects will utilize CSI Energy Storage's SolBank, a proprietary battery energy-storage solution designed and manufactured for utility-scale applications. Under the agreement, CSI Energy Storage also will provide commissioning services for the products, in addition to long-term warranties and performance guarantees.

The new agreement expands CSI Energy Storage's relationship with Pulse. In May 2022, Pulse selected CSI Energy Storage to provide the engineering, procurement and construction services for a total of 100 megawatt hours across four projects. The agreement also included a 10-year long-term services agreement for the operation and maintenance of the facilities.

“This large order commitment unde

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