Canadian Solar and Matrix Renewables Announce Transaction for 105 MWac Solar Plus 80 MWh Storage Project in California
GUELPH, ON and MIAMI, April 7, 2022 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) through its wholly-owned subsidiary Recurrent Energy, LLC ("Recurrent") and Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced an agreement whereby Matrix Renewables will acquire the Gaskell West 2 and 3 project of 105 MWac solar plus 80 MWh energy storage.
- GUELPH, ON and MIAMI, April 7, 2022 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) through its wholly-owned subsidiary Recurrent Energy, LLC ("Recurrent") and Matrix Renewables, the TPG Rise-backed global renewable energy platform,today announced an agreement whereby Matrix Renewables will acquirethe Gaskell West 2 and 3 project of 105 MWac solar plus 80 MWh energy storage.
- Canadian Solar's majority-owned subsidiary CSI Solar will support the project by providing the turnkey battery storage solution for the 80 MWh storage part of the project.
- In addition,CSI Solarwill support the battery storage system with capacity and performance guarantees, ensuring system output, safety and reliability.
- This is yet another battery storage project that our project development and system solutions teams are delivering in California, following the Mustang, Slate and Crimson battery storage projects.