Canadian Solar Inc (NASDAQ:CSIQ) announced on Tuesday that the huge Crimson energy storage system, partly owned by its subsidiary Recurrent Energy LLC, started operations in California.
The 350-MW/1,400-MWh complex is touted as the largest battery storage project in the world to reach operation in a single phase. It is also the second largest energy storage system currently operating, according to the Canadian renewables group.
Recurrent Energy holds a 20% stake in Crimson after the sale of 80% to independent portfolio management firm Axium Infrastructure about a year ago.
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Source: Renewables Now
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