Major Solar Energy Investment in Texas
Canadian Solar Inc. (NASDAQ: CSIQ) announced that its subsidiary, e-STORAGE, will deliver a 498 MWh standalone battery energy storage system for Aypa Power’s Bypass Project in Texas. Scheduled for completion in Q3 2025, this project will bolster energy storage and grid resilience in the greater Houston area.
Advanced Lithium Battery Technology
The Bypass Project, located in Fort Bend County near Thompsons, Texas, will use 106 units of e-STORAGE’s latest SolBank 3.0 battery energy storage solution. Each SolBank unit provides 5 MWh of energy capacity within a 20-foot container. The system features high-density lithium-iron-phosphate (LFP) battery cells, a balancing battery management system, and a liquid cooling thermal management system for enhanced efficiency, safety, and reliability.
After commercial integration, e-STORAGE will support the project under a Long-Term Service Agreement (LTSA).
Strengthening Energy Market Trends
Aypa Power CEO Moe Hajabed expressed enthusiasm, stating, “Our partnership with e-STORAGE on the Bypass Project will enhance grid resiliency and support Houston’s energy needs. This collaboration underscores Aypa’s commitment to efficient and dependable energy solutions.”
Colin Parkin, President of e-STORAGE, added, “Our third project with Aypa Power, the Bypass Project, extends our total commitment to over 1.3 GWh of integrated energy storage capacity. This collaboration highlights our dedication to delivering innovative and sustainable energy storage solutions.”
Expanding Solar Energy Market
Founded in 2001, Canadian Solar is one of the largest solar technology and renewable energy companies globally. The company has delivered over 125 GW of solar photovoltaic modules and developed 3.3 GWh of battery energy storage projects. Their extensive project pipeline includes 6.5 GW of solar power projects under construction and 19.8 GW in development stages.
e-STORAGE, a leader in battery energy storage systems, has shipped nearly 5.7 GWh of solutions worldwide. With two state-of-the-art manufacturing facilities, e-STORAGE continues to provide high-quality, scalable energy storage solutions.
Aypa Power’s Commitment to Green Energy Policies
Aypa Power, a Blackstone portfolio company, develops and operates utility-scale energy storage and hybrid renewable energy projects. With over 22 GW in development across North America, Aypa Power aims to reduce reliance on fossil fuels and improve grid reliability.
This significant investment in energy storage solutions by Canadian Solar and Aypa Power reflects ongoing trends in the solar energy market. The focus on lithium batteries and advanced solar technology will play a crucial role in meeting growing energy demands and supporting green energy policies.
Source:taiwannews.com.tw