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Canadian Solar Inc. announced that e-STORAGE, part of its majority-owned subsidiary CSI Solar Co., Ltd., has signed a contract with Colbún, one of Chile’s leading power generators, to supply a 228 MW / 912 MWh Battery Energy Storage System (BESS) for the Diego de Almagro Sur project in the Atacama Region. The project will utilize e-STORAGE’s SolBank 3.0, an advanced battery energy storage solution featuring lithium-iron-phosphate (LFP) technology, an active balancing battery management system, and a state-of-the-art liquid cooling system for enhanced performance, reliability, and safety. In addition to equipment supply, e-STORAGE will provide a fully integrated package including local project management, commissioning, and long-term maintenance services. Construction is slated to begin in June 2025, with peak activity expected to create up to 150 local jobs. Commercial operation is targeted for December 2026. Once completed, the system will be co-located with Colbún’s existing 232 MW solar park, operational since 2022, and will have the capacity to meet the electricity needs of approximately 55,480 households. José Ignacio Escobar, CEO of Colbún, commented, “This agreement with e-STORAGE positions us as one of the leading companies in Chile’s energy storage market, ensuring a continuous and secure supply of renewable energy for our industrial clients. This project, together with the other battery systems we are developing in the north of the country, will complement the storage capacity we already have through our reservoirs in the south. It is aligned with our vision of driving a responsible energy transition, where renewable energy must be not only sustainable, but also secure, continuous, and competitive.” Colin Parkin, President of e-STORAGE, added, “We are proud to support Colbún’s bold vision of advancing Chile’s energy transition through large-scale storage. The Diego de Almagro Sur BESS Project represents a significant milestone for e-STORAGE’s expansion in Latin America and reinforces our role as a key enabler of Chile’s clean energy transformation. This project showcases the critical role of BESS in enabling greater grid reliability, optimizing renewable energy usage, and supporting industrial demand with a secure and continuous supply. With our SolBank 3.0 technology, we are not only delivering cutting-edge performance and safety, but also reinforcing our long-term commitment to Latin America’s clean energy future.” Beyond energy storage, the project will offer critical grid services such as grid forming, black start, and inertia support, playing a key role in enhancing grid stability and accelerating renewable energy integration into Chile’s national grid. The deployment of SolBank 3.0, known for its high efficiency and low environmental impact, aligns with Colbún’s sustainability goals and underscores both companies’ commitment to advancing clean energy in Latin America. |
