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Canadian Solar’s ​​e-STORAGE to power 200MWh energy storage project in south-eastern Australia – pv magazine Australia

Canadian Solar announced that e-STORAGE, part of its majority-owned subsidiary CSI Solar, has signed a 100MW/200MWh turnkey EPC energy storage solution contract with Fotowatio Renewable Ventures (FRV) Australia for the Terang energy storage project in Victoria, Australia.

FRV Australia, part of Jameel Energy and Canadian infrastructure fund OMERS, is a leading developer of sustainable energy solutions.

e-STORAGE and FRV Australia have entered into a storage energy supply agreement and a long-term service agreement. Construction of the project is scheduled to begin in August 2024.

e-STORAGE will supply SolBank 3.0, its latest proprietary energy storage solution, to the Terang project. SolBank 3.0 provides over 5 MWh of storage capacity in a 20-foot container.

Compared to the previous generation, SolBank 3.0 offers a 45% increase in efficiency and a 12% reduction in design layout space. In addition, SolBank 3.0’s efficient cooling system can reduce auxiliary energy consumption by 30%. The system also includes a multi-level fire sensor, alarm and extinguishing system to reduce thermal risks.

The project, located in Terang, Victoria, will be FRV Australia’s first standalone energy storage project and is expected to create a number of jobs during both the construction and operations phases.

FRV Australia CEO Carlo Frigerio said: “The construction of our first large-scale energy storage project is a significant milestone for FRV Australia. This project strengthens our position in the renewable energy sector in Australia. It paves the way for future business opportunities and growth across our portfolio.”

e-Storage CEO Colin Parkin said: “We truly appreciate FRV Australia’s confidence in e-STORAGE by selecting us to build this 100MW/200MWh energy storage system in Terang, Australia. Utilising our advanced SolBank 3.0 technology, this project not only strengthens the grid during peak demand but also provides significant benefits to the local community. We look forward to working with FRV Australia in the future.”

Canadian Solar is one of the world’s largest solar technology and renewable energy companies. It is a leading manufacturer of photovoltaic modules, a provider of solar and battery energy storage solutions, and a developer of utility-scale solar and battery energy storage projects with a geographically diverse pipeline in various stages of development.

Over the past 23 years, Canadian Solar has delivered the highest quality photovoltaic modules to customers around the world, with a total capacity of over 125 GW.

Similarly, since commencing its project development activities in 2010, Canadian Solar has developed, constructed and connected over 10 GWp of solar power projects and 3.3 GWh of battery energy storage projects worldwide.

The Company is currently implementing solar energy projects with a total capacity of over 1.2 GWp, is implementing or awaiting implementation (at a late stage) of projects with a total capacity of 6.5 GWp, and is implementing projects with a total capacity of 19.8 GWp at an advanced or early stage of implementation.

In addition, the company has battery storage projects under development with a total capacity of 600 MWh, and the total number of battery storage projects under development is approximately 56 GWh, including approximately 4.3 GWh under development or in the pipeline, and an additional 51.6 GWh in advanced and early stages of development.

e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in the design, manufacture and integration of battery energy storage systems for utility-scale applications.

As of March 2024, e-STORAGE has delivered nearly 5.7 GWh of DC battery storage solutions to global markets including the United States, Canada, the United Kingdom and China.

This significant achievement solidifies e-STORAGE’s position as a key player in the global energy storage integration industry. e-STORAGE currently operates two fully automated, state-of-the-art production facilities with an annual production capacity of 20 GWh of energy storage solutions.

FRV was one of the first international solar developers to enter the Australian market and in 2011 developed the first Australian solar development plan, opening up the local solar market.

FRV was also the first company to deliver a large-scale, self-funded project in Australia. The Royalla solar farm near Canberra has been operational since August 2014.

To date, the company has built or is in the process of building photovoltaic assets with a total capacity of over 1 GW across 10 projects.