E-Storage

e-STORAGE, a subsidiary of Canadian Solar, deploys leading-edge, flexible, turnkey utility energy storage solutions worldwide. At the heart of e-STORAGE's value proposition lies SolBank, a self-manufactured, lithium-iron phosphate chemistry-based battery designed specifically for utility-scale applications. As part of Canadian Solar, our innovative solutions strive to optimize grid operations, integrate clean energy, and create a resilient and sustainable energy landscape for a brighter, greener future. Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Ontario, Canada, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 23 years, Canadian Solar has successfully delivered around 142 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 8 GWh of battery energy storage solutions to global markets as of September 30, 2024, boasting a US$3.2 billion contracted backlog as of November 30, 2024. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 11 GWp of solar power projects and 3.7 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 26 GWp of solar and 66 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006.