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e-STORAGE and Sunraycer Announce 503 MWh Battery Energy Storage Projects in Texas
Last canadian solar inc. - common shares earnings: 3/26 06:00 am
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US:NASDAQ Investor Relations: investors.canadiansolar.com
KITCHENER, ON, Feb. 5, 2026 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, its energy storage solutions business, and Sunraycer, a leading developer, owner, and operator of clean energy power sites, have entered into agreements for the supply and long-term servicing of two standalone battery energy storage projects totaling 503 MWh DC in Franklin County, Texas.The projects, collectively referred to as the Lupinus projects, are being developed by Sunraycer. They comprise Lupinus 1, a 202 MWh facility expected to begin construction in Q1 2027 and reach commercial operation in Q3 2027, and Lupinus 2, a 301 MWh facility scheduled to start construction in Q3 2026 and achieve commercial operation in Q2 2027.Under the agreements, e-STORAGE will deliver its SolBank 3.0 battery energy storage system and provide 10 years of long-term services, supporting system reliability, performance optimization, and availability through
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NEWS
- e-STORAGE to Deliver 420 MWh Battery Energy Storage System for Drax in the United Kingdom[PR Newswire]
- Canadian Solar (CSIQ) had its "sell (d+)" rating reaffirmed by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.[MarketBeat]
- Canadian Solar (CSIQ) was upgraded by Freedom Capital from "hold" to "strong-buy".[MarketBeat]
- Canadian Solar (CSIQ) had its price target lowered by Roth Mkm from $30.00 to $15.00. They now have a "neutral" rating on the stock.[MarketBeat]
- Canadian Solar (CSIQ) had its price target lowered by Mizuho from $19.00 to $15.00. They now have a "neutral" rating on the stock.[MarketBeat]
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SEC Filings
SEC Filings
- 3/27/26 - Form 3
- 3/25/26 - Form 3
- 3/20/26 - Form SCHEDULE
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