Recurrent Energy Energizes 1,200 MWh Storage Facility in Arizona Ahead of Peak Summer Demand
Canadian Solar's (NASDAQ: CSIQ) subsidiary Recurrent Energy has successfully commissioned the 1,200 MWh Papago Storage facility in Maricopa County, Arizona. This facility, now operational, represents the first of three projects with Arizona Public Service (APS) featuring tolling agreements.
The combined projects will deliver 1,800 MWh of battery storage and 150 MWac of solar generation, capable of powering the equivalent of 72,000 homes for four hours and providing solar power to approximately 24,000 homes annually. The project's completion is strategically timed to support peak summer electricity demand in Arizona.
Canadian Solar's e-STORAGE subsidiary served as the turnkey EPC provider and will continue supporting the facility through a long-term service agreement. The project contributes to local community development through tax revenues and direct support to the Harquahala Fire District and Arlington Elementary School.
La controllata di Canadian Solar (NASDAQ: CSIQ), Recurrent Energy, ha completato con successo la messa in funzione dell'impianto di accumulo Papago da 1.200 MWh nella contea di Maricopa, Arizona. Questa struttura, ora operativa, rappresenta il primo di tre progetti con Arizona Public Service (APS) basati su accordi di tolling.
I progetti combinati forniranno 1.800 MWh di accumulo a batteria e 150 MWac di generazione solare, in grado di alimentare l'equivalente di 72.000 abitazioni per quattro ore e fornire energia solare a circa 24.000 case ogni anno. Il completamento del progetto è strategicamente programmato per supportare la domanda di elettricità durante i picchi estivi in Arizona.
La controllata e-STORAGE di Canadian Solar ha agito come fornitore EPC chiavi in mano e continuerà a supportare l'impianto tramite un accordo di servizio a lungo termine. Il progetto contribuisce allo sviluppo della comunità locale attraverso entrate fiscali e supporto diretto al distretto antincendio di Harquahala e alla Arlington Elementary School.
La filial de Canadian Solar (NASDAQ: CSIQ), Recurrent Energy, ha puesto en marcha con éxito la instalación de almacenamiento Papago de 1.200 MWh en el condado de Maricopa, Arizona. Esta instalación, ya operativa, es el primero de tres proyectos con Arizona Public Service (APS) basados en acuerdos de peaje.
Los proyectos combinados entregarán 1.800 MWh de almacenamiento en baterías y 150 MWac de generación solar, capaces de abastecer el equivalente a 72.000 hogares durante cuatro horas y proporcionar energía solar a aproximadamente 24.000 hogares al año. La finalización del proyecto está estratégicamente programada para apoyar la demanda máxima de electricidad en verano en Arizona.
La filial e-STORAGE de Canadian Solar actuó como proveedor EPC llave en mano y continuará apoyando la instalación mediante un acuerdo de servicio a largo plazo. El proyecto contribuye al desarrollo de la comunidad local mediante ingresos fiscales y apoyo directo al Distrito de Bomberos de Harquahala y a la Escuela Primaria Arlington.
Canadian Solar(NASDAQ: CSIQ)의 자회사 Recurrent Energy가 애리조나주 마리코파 카운티에 위치한 1,200 MWh 파파고 저장 시설의 성공적인 가동을 완료했습니다. 이 시설은 현재 운영 중이며, Arizona Public Service(APS)와의 톨링 계약을 기반으로 한 세 개 프로젝트 중 첫 번째입니다.
이들 프로젝트를 합치면 1,800 MWh 배터리 저장 용량과 150 MWac 태양광 발전을 제공하여 72,000가구에 4시간 동안 전력을 공급할 수 있고, 연간 약 24,000가구에 태양광 전력을 제공합니다. 이 프로젝트 완료 시기는 애리조나의 여름 전력 수요 최고조를 지원하기 위해 전략적으로 맞춰졌습니다.
Canadian Solar의 e-STORAGE 자회사가 턴키 EPC 공급자로서 역할을 했으며, 장기 서비스 계약을 통해 시설 지원을 계속할 예정입니다. 이 프로젝트는 세수 수입과 Harquahala 소방구 및 Arlington 초등학교에 대한 직접 지원을 통해 지역사회 발전에 기여합니다.
La filiale de Canadian Solar (NASDAQ : CSIQ), Recurrent Energy, a réussi la mise en service de l'installation de stockage Papago de 1 200 MWh dans le comté de Maricopa, en Arizona. Cette installation, désormais opérationnelle, représente le premier de trois projets avec Arizona Public Service (APS) basés sur des accords de péage.
Les projets combinés fourniront 1 800 MWh de stockage par batterie et 150 MWac de production solaire, capables d'alimenter l'équivalent de 72 000 foyers pendant quatre heures et de fournir de l'énergie solaire à environ 24 000 foyers par an. L'achèvement du projet est stratégiquement planifié pour soutenir la demande électrique maximale estivale en Arizona.
La filiale e-STORAGE de Canadian Solar a agi en tant que fournisseur EPC clé en main et continuera de soutenir l'installation via un contrat de service à long terme. Le projet contribue au développement de la communauté locale grâce aux recettes fiscales et au soutien direct au district d'incendie de Harquahala et à l'école élémentaire Arlington.
Die Tochtergesellschaft von Canadian Solar (NASDAQ: CSIQ), Recurrent Energy, hat erfolgreich die 1.200 MWh Papago-Speicheranlage im Maricopa County, Arizona, in Betrieb genommen. Diese Anlage ist nun betriebsbereit und stellt das erste von drei Projekten mit Arizona Public Service (APS) dar, die auf Tolling-Vereinbarungen basieren.
Die kombinierten Projekte werden 1.800 MWh Batteriespeicher und 150 MWac Solarstromerzeugung liefern, was ausreicht, um etwa 72.000 Haushalte für vier Stunden mit Strom zu versorgen und jährlich rund 24.000 Haushalte mit Solarstrom zu beliefern. Der Abschluss des Projekts ist strategisch terminiert, um die Spitzenstromnachfrage im Sommer in Arizona zu unterstützen.
Die Tochtergesellschaft e-STORAGE von Canadian Solar fungierte als schlüsselfertiger EPC-Anbieter und wird die Anlage im Rahmen eines langfristigen Servicevertrags weiterhin unterstützen. Das Projekt trägt durch Steuereinnahmen und direkte Unterstützung des Harquahala Fire District sowie der Arlington Elementary School zur lokalen Gemeinschaftsentwicklung bei.
- Strategic timing of facility completion ahead of peak summer demand period
- Secured long-term tolling agreements with Arizona's largest electric utility (APS)
- Project is part of a larger 1,800 MWh storage and 150 MWac solar generation portfolio
- Contributes to grid reliability while generating local tax revenue and community benefits
- Demonstrates successful execution of Canadian Solar's utility-scale storage strategy
- Significant capital investment required for large-scale storage projects
- Project success dependent on long-term performance and reliability of battery technology
- Potential exposure to supply chain and operational risks in energy storage sector
Insights
Canadian Solar's 1,200 MWh Papago Storage facility now operational in Arizona, strengthening grid reliability during peak summer demand.
The energization of the 1,200 MWh Papago Storage facility represents a significant milestone in Canadian Solar's energy storage expansion strategy. This is the first of three projects with Arizona Public Service (APS) to reach commercial operation, with the collective portfolio set to provide 1,800 MWh of battery storage capacity and 150 MWac of solar generation when fully completed. The timing is strategically valuable, as it coincides with Arizona's peak summer demand period when grid stability is most challenged.
The operational significance is substantial - when completed, these projects will provide enough electricity to serve the equivalent of 72,000 homes for four hours, along with solar generation supporting approximately 24,000 homes annually. This directly addresses grid reliability concerns in a region experiencing rapid growth and increasing energy demands.
From a business perspective, this project strengthens Canadian Solar's position in the utility-scale storage market. Their e-STORAGE subsidiary not only served as the EPC provider but secured a long-term service agreement, creating an ongoing revenue stream beyond the initial construction. The broader context shows Canadian Solar's impressive growth trajectory - their development pipeline now includes 27 GWp of solar and 76 GWh of battery storage capacity globally.
For the local utility, APS, this project delivers critical flexible capacity that helps manage peak loads without requiring additional fossil fuel generation. The project's endorsements from both the Arizona Corporation Commission Chair and House Majority Leader highlight its strategic importance to the state's energy infrastructure and economic development goals.
First of three projects with APS now in operation, delivering flexible capacity to the grid
Papago Storage is the first of three Recurrent Energy projects with tolling agreements in place with APS to become operational. Collectively, the three projects will provide 1,800 MWh of battery storage capacity and 150 MWac of solar generation. Once all are fully operational, they will store and deliver enough electricity to serve the equivalent of 72,000 homes for four hours, along with solar generation capacity sufficient to support approximately 24,000 homes annually.
Derek Seaman, APS Director of Resource Acquisition, said, "Summer is here, and we are ready to serve APS customers with the energy they need when they need it. The Papago Storage project is part of our diverse and balanced energy mix, helping us continue to provide
Kevin
Arizona House Majority Leader Michael Carbone added, "I congratulate Recurrent Energy on this tremendous energy storage achievement. With our favorable business climate,
In addition to strengthening grid reliability, the project also contributes to the local community through tax revenues and direct support. Through its Community CaRE (Community and Renewable Energy) Program, Recurrent Energy has donated to the Harquahala Fire District and Arlington Elementary School in
Canadian Solar's majority-owned subsidiary, e-STORAGE, served as the turnkey engineering, procurement, and construction provider for the project and will continue to support Papago Storage under a long-term service agreement.
Ismael Guerrero, CEO of Recurrent Energy, stated, "The commissioning of Papago Storage marks a major milestone in our collaboration with APS to strengthen
About Recurrent Energy
Recurrent Energy, a subsidiary of Canadian Solar Inc., is one of the world's largest and most geographically diversified utility-scale solar and energy storage project development, ownership, and operations platforms. With an industry-leading team of in-house energy experts, Recurrent Energy serves as Canadian Solar's global development and power services business. To date, Recurrent Energy has successfully developed, built, and connected approximately 12 GWp of solar projects and 6 GWh of energy storage projects across six continents. As of March 31, 2025, its global pipeline comprises approximately 25 GWp of solar power and over 69 GWh of energy storage capacity, excluding
About Canadian Solar
Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener,
Safe Harbor/Forward-Looking Statements
Certain statements in this press release, including those regarding the Company's expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "may", "will", "expect", "anticipate", "future", "ongoing", "continue", "intend", "plan", "potential", "prospect", "guidance", "believe", "estimate", "is/are likely to" or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 30, 2025. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
Canadian Solar Inc. Investor Relations Contact
Wina Huang
Investor Relations
Canadian Solar Inc. investor@canadiansolar.com
Recurrent Energy Media Inquiries
Inés Arrimadas
Recurrent Energy
comm_global@recurrentenergy.com
View original content:https://www.prnewswire.com/news-releases/recurrent-energy-energizes-1-200-mwh-storage-facility-in-arizona-ahead-of-peak-summer-demand-302498606.html
SOURCE Canadian Solar Inc.
FAQ
What is the capacity of Canadian Solar's new Papago Storage facility in Arizona?
How many homes can CSIQ's new Arizona storage projects serve?
What is the total storage capacity of Canadian Solar's three Arizona projects with APS?
Who will maintain the Papago Storage facility for Canadian Solar?
What is Canadian Solar's (CSIQ) current global energy storage pipeline?
