e‑STORAGE to Deliver 426 MWh of Energy Storage in Florida

Canadian Solar Inc. (the "Company" or "Canadian Solar") announced that e-STORAGE, its energy storage solutions business, has entered into a supply agreement with an electric utility in Florida to deliver a 95 MW/426 MWh (DC) battery energy storage system (BESS). The battery installation is planned for the second half of 2027, with commercial operation targeted for early 2028. e-STORAGE will provide its proprietary 'SolBank' battery pack powered by its lithium-Ion phosphate-based battery cells, all produced at Canadian Solar's manufacturing facilities, giving the customer full supply chain visibility and compliance.

Under the agreement, e-STORAGE will deliver a complete, integrated BESS solution, combining 5 MWh SolBank 3.0 battery packs, along with the power conversion systems and energy management system. Once operational, the 426 MWh project will dispatch stored energy during peak demand periods, helping the utility lower energy costs. The project marks e-STORAGE's entry into Florida — a market where rapid solar growth and rising seasonal peak demands are making large-scale storage central to grid reliability.

Jeff Roy, President of e-STORAGE, said: "Florida is one of the fastest-growing storage markets in the U.S., and we're glad to support our customer with capacity at this scale. The project deepens e-STORAGE's presence in a strategically important market and further demonstrates e-STORAGE's capabilities in delivering fully integrated energy storage solutions for demanding power management applications."

e-STORAGE | www.csestorage.com