Today’s renewable energy news includes announcements from Canadian Solar, Sembcorp, Stellantis and Samsung SDI, among others.
Canadian Solar’s CSI Solar Sees Strong Q3 Boost from Energy Storage Growth
Canadian Solar’s subsidiary CSI Solar reported a solid Q3 performance, driven by robust growth in its energy storage segment and improving global demand for integrated solar solutions. The company’s strategy to diversify revenue through battery storage and hybrid project integration has strengthened profitability despite market headwinds. CSI Solar’s innovative grid-scale storage platforms and AI-driven energy management systems are helping utilities and developers optimize renewable generation. The firm continues investing in technology efficiency and capacity expansion, particularly in the US and Asia-Pacific. With a customer-focused model emphasizing reliable delivery and cost competitiveness, Canadian Solar remains committed to accelerating clean energy adoption worldwide, reinforcing its position as a leader in the solar-plus-storage market.
Sembcorp Expands Singapore’s Renewable Footprint with 118 MWp Solar and Battery Project
Sembcorp Industries has commissioned a 118 MWp solar farm and integrated battery energy storage system (BESS) on Jurong Island, strengthening Singapore’s clean energy infrastructure. The project, one of the nation’s largest, aligns with Singapore’s Green Plan 2030 and Sembcorp’s strategy to achieve net-zero emissions by 2050. It combines high-efficiency solar modules with smart grid technology to enhance power reliability for industrial customers. This hybrid setup supports energy stability, grid optimization, and peak load management, ensuring sustainable power for key commercial clients. Backed by strong investment in innovation and digital energy management, Sembcorp reinforces its customer-centric approach—delivering reliable, low-carbon energy solutions that accelerate the city-state’s transition to a resilient green economy.
Stellantis and Samsung SDI Launch USD 3.2bn Battery Gigafactory in Indiana
Stellantis and Samsung SDI have announced a USD 3.2 billion joint venture to build a 34 GWh battery gigafactory in Indiana, USA, scheduled to begin operations in 2027. The facility will supply advanced battery cells and modules for Dodge, Jeep, and Ram electric vehicles, reinforcing Stellantis’ Dare Forward 2030 electrification strategy. The plant will feature cutting-edge lithium-ion technology, enabling higher energy density, faster charging, and improved safety. This major investment strengthens North America’s EV supply chain independence while creating thousands of local jobs. With a strong customer focus on performance and sustainability, the collaboration demonstrates both companies’ innovation-driven approach to delivering reliable, high-quality battery solutions for the growing electric mobility market.
Faheema P