CSI Energy Introduces SolBank Energy Storage for Utility-Scale Projects

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Canadian Solar Inc.’s CSI Energy Storage, which is part of its majority-owned CSI Solar Co. Ltd. subsidiary, is launching SolBank, a proprietary battery solution for utility-scale applications. CSI Energy Storage is also expanding its battery manufacturing capacity from the existing 2.5 GWh to 10 GWh by the end of 2023.

The SolBank is a lithium iron phosphate (LiFePO4) chemistry-based battery enclosure with up to 2,800 kWh of usable energy capacity, specifically engineered for safety and reliability for utility-scale applications. The SolBank is designed with liquid cooling and humidity control, active balancing battery management system (BMS) technologies, and complies with the latest international safety and compliance standards.

CSI Energy Storage currently produces the SolBank at its workshops in Jiangsu Province in China. These workshops include the manufacturing of its proprietary battery modules, packs and containerization, with fully automated, state-of-art production lines and testing facilities.

To complement the newly launched SolBank battery solution, CSI Energy Storage is also providing full commissioning and integration services, turnkey EPC project execution, and long-term operational service and capacity maintenance.

“Our manufacturing capacity in battery storage will spur the continued growth of our battery storage solutions business, which will in turn enhance the synergies with our battery storage project development business,” states Dr. Shawn Qu, chairman and CEO of Canadian Solar.

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