Skip to main content

Canadian Solar Inc(CSIQ-Q)
NASDAQ

Today's Change
Real-Time Last Update Last Sale Cboe BZX Real-Time

Arizona Public Service Awards Recurrent Energy With 1,200 MWh Energy Storage Tolling Agreement

PR Newswire - Wed Aug 16, 2023

Papago Storage will be the largest standalone energy storage project in Arizona

GUELPH, ON, Aug. 16, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) announced today that Recurrent Energy, its wholly-owned subsidiary for global project development and power services, secured a 20-year tolling agreement with Arizona Public Service Company ("APS") for Papago Storage, a 1,200 MWh energy storage project under development in Maricopa County, Arizona. Construction of Papago Storage is expected to begin in the third quarter of 2024 with planned commercial operation in the second quarter of 2025. Once operational, Papago Storage will be the largest standalone energy storage project in Arizona.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe