Canadian Solar Says e-STORAGE To deliver 408 MWh AC Battery Energy Storage System To Vena Energy For Tailem Bend 3 project In South Australia

Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) today announced that e-STORAGE, part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), will deliver 408 MWh AC Battery Energy Storage System (BESS) to Vena Energy for its Tailem Bend 3 project in South Australia.

Working alongside Vena Energy and Balance of Plant partner Consolidated Power Projects Australia Pty Ltd (CPP), e-STORAGE will deliver the 204 MW / 408 MWh AC Tailem Bend 3 BESS as a turnkey EPC solution using nearly 100 SolBank 3.0 battery containers. The project, located in Tailem Bend, South Australia, is under construction and is targeted to begin operation in 2027. Under an initial 5-year Long Term Service Agreement (LTSA), e-STORAGE will also be responsible for battery energy storage system maintenance.

The Tailem Bend 3 project will strengthen grid stability in South Australia and further support renewable energy integration, building on Vena Energy's previous developments in the region.