Canadian Solar Subsidiary Recurrent Energy Completes 1,200 MWh Arizona Storage Facility Ahead of Peak Summer Demand.

Recurrent Energy's 1,200 MWh Papago Storage facility in Arizona has begun operations, marking a major milestone. The facility, developed in collaboration with Arizona Public Service, will provide 1,200 MWh of storage and 150 MWac of solar power, powering 72,000 homes for four hours. The project is the first of three under tolling agreements, with the combined projects providing 1,800 MWh of storage and 150 MWac of solar power. The strategic timing of the facility's completion aligns with Arizona's peak summer demand, bolstering grid reliability.

Recurrent Energy, a subsidiary of Canadian Solar Inc. (NASDAQ: CSIQ), has successfully commissioned its 1,200 MWh Papago Storage facility in Maricopa County, Arizona. This facility, now operational, is 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 [1].

The Papago Storage facility represents a significant milestone in Canadian Solar's energy storage expansion strategy. The project's completion is strategically timed to support peak summer electricity demand in Arizona. 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 [1].

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 [1].

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 [1].

Canadian Solar's 1,200 MWh Papago Storage facility now operational in Arizona, strengthening grid reliability during peak summer demand.

References:
[1] https://www.stocktitan.net/news/CSIQ/recurrent-energy-energizes-1-200-m-wh-storage-facility-in-arizona-z0h5pje6vlda.html