Canadian Solar signs deal with Goldman Sachs Renewable Power

Canadian Solar at a trade show

Canadian Solar has closed a supply contract and service agreement with Goldman Sachs Renewable Power to deliver and integrate a 75 MW / 300 MWh lithium-ion battery storage solution into the 100 MWac Mustang solar plant in California.

The company said 75 MW or 4-hour 300 MWh energy storage system is a retrofit addition to the Mustang solar plant in King’s County, California, which was developed by Canadian Solar’s subsidiary Recurrent Energy.

The solar plant was connected to the grid in August 2016 and the project’s equity stake was later sold to Goldman Sachs in May 2019.

Canadian Solar will provide the integrated solution, including a lithium iron phosphate-based technology package, and future operations, maintenance and battery augmentation services. In addition, Canadian Solar will support the storage solution with fully wrapped capacity and performance guarantees, ensuring system output, reliability and safety.

Construction of the energy storage component of the project will begin in early 2021 and is expected to be operational by the second half of 2021.