e-STORAGE signs BESS supply agreement for energy storage project in Germany

Canadian Solar (CSIQ) announced that e-STORAGE, part of the Company’s majority-owned subsidiary CSI Solar has signed a Battery Energy Storage System, or BESS, Supply Agreement for a 20.7 MW / 56 MWh DC energy storage project in Lower Saxony, Germany. The agreement also includes a 20-year Long-Term Service Agreement, or LTSA. e-STORAGE will supply and commission an integrated BESS solution based on its proprietary SolBank technology platform. Shipments are scheduled to begin in March 2026, with commissioning targeted for later that year. The LTSA will provide long-term maintenance and performance services to ensure operational reliability throughout the project’s lifespan. The project was developed by Kyon Energy, which will also serve as the Engineering, Procurement, and Construction Management contractor until commercial operation.