e-STORAGE

e-STORAGE

csestorage.com

Tier-1Listed Company

Updated

Sep 1, 2026

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Annual production capacity

0.2-1

GWh/yr · vendor-reported

Bankability influence

Neutral

Company Size

Large

1000-10000 headcount

Vertical integration

Highest

Company Overview

e-STORAGE is Canadian Solar’s battery energy storage business in Guelph and Kitchener, Ontario. Founded in 2001, Canadian Solar has shipped more than 20 GWh of battery energy storage systems to global markets, and its automated plants provide 15 GWh of annual BESS capacity and 3 GWh of battery cell capacity, along with system integration and EPC services for utility-scale projects.

Headquarters

Kitchener, Canada

Legal entity

e-STORAGE

IPP / offtaker customers

Arizona Public Service, Axpo

Integration footprint

China

Production scale

0.2-1 GWh/yr

Adjacent product lines

SolBank, turnkey EPC services

Major Shipment Regions
North AmericaLatin AmericaEuropeCentral Asia & CISMiddle East & North AfricaSub-Saharan AfricaSouth AsiaEast AsiaSoutheast AsiaOceania
Major Minor
North America Major
Sub-Saharan Africa Minor
Latin America Not present
Europe Not present
Central Asia & CIS Not present
Middle East & North Africa Not present
South Asia Not present
East Asia Not present
Southeast Asia Not present
Oceania Not present

Major presence in North America; Minor presence in Sub-Saharan Africa; no recorded presence in Latin America, Europe, Central Asia & CIS, Middle East & North Africa, South Asia, East Asia, Southeast Asia, and Oceania.

Financial Health

Bankability influenceNeutral

Derived from the five sub-metrics below — 3 suboptimal · 2 moderate.

Balance-sheet strengthSuboptimal
ProfitabilityModerate
LeverageSuboptimal
LiquidityModerate
Cash-flow riskSuboptimal

Reference Project

Project

Skyview 2 ; Edwardsburgh Cardinal, Ontario, Canada

Coordinates50.00068° N, 86.00098° W

Cell & System Architecture

Cell chemistry

Lithium-ion

Named chemistries

LFP

Block architecture

AC BlockDC Block

Application segments

Grid-Scale

Battery Management System

e-STORAGE’s BMS tracks SolBank battery status in real time at the cell level. It tracks temperature, voltage, power level, operating limits, faults, and alarms to support state-of-charge control and protection in utility-scale systems.

Corporate & Listing

Parent Company

Canadian Solar Inc.

CSIQ

Parent Company of e-STORAGE is Canadian Solar Inc. — e-STORAGE is not separately listed; the exchange listing belongs to the other legal entity.

Company typeListed Company
Company sizeLarge (1000-10000)

Share price of Canadian Solar Inc. (CSIQ), not e-STORAGE.

Recent Developments

e-STORAGE signed a supply agreement with a Florida electric utility for a 95 MW / 426 MWh DC utility-scale battery energy storage system.

Certifications

Management Systems (ISO)

ISO 9001ISO 14001ISO 45001ISO 50001

ESG & Sustainability

e-STORAGE, part of Canadian Solar, reports an ISS ESG rating of B+, a CDP climate change score of B, and a Silver EcoVadis rating that places it in the industry’s top 4%. It also reports an emissions reduction path with rolling five-year targets, recycling or reusing 94% of total waste and 100% of production packaging, 147 supplier ESG audits, and a third-party review of supplier and human rights standards.

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e-STORAGEGrid-Scale BESS

ProductEnergyPowerDurationC / P rateChemistryBlock
CSI-FlexBank-S-8360-4h8.36 MWh2.09 MW DC4 h0.25LFP · 314 AhDC Block
CSI-FlexBank-S-8360-2h8.36 MWh4.18 MW DC2 h0.5LFP · 314 AhDC Block
CSI-SolBank-S-5016-2h-EU5.02 MWh2.35 MW DC2 h0.5LFP · 314 AhDC Block
CSI-SolBank-S-5016-4h-EU5.02 MWh1.2 MW DC4 h0.25LFP · 314 AhDC Block
CSI-SolBank-S-PL-5016-4h-EU5.02 MWh1.2 MW DC4 h0.25LFPDC Block
CSI-SolBank-S-PL-5016-2h-EU5.02 MWh2.4 MW DC2 h0.5LFPDC Block
PowerBlock ESPB-2H | ESPB-4H4.8 MWh1.5–4 hLFPAC Block
CSI-FlexBank-C-1672-4h1.67 MWh0.42 MW DC4 h0.25LFP · 314 AhDC Block
CSI-FlexBank-C-1672-2h1.67 MWh0.84 MW DC2 h0.5LFP · 314 AhDC Block

Compare to Other Vendors

All vendors

This vendor

e-STORAGE

e-STORAGE

TierTier-1
HQKitchener, Canada
Capacity0.2-1 GWh
TierTier-1
HQCanada
Capacity0.2-1 GWh
TierTier-1
HQShenzhen, China
Capacity20+ GWh
TierTier-1
HQRichardson, United States
Capacity2-20 GWh
TierTier-1
HQShenzhen, China
Capacity0.2-1 GWh

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Always confirm these terms and technical specifications directly with the vendor and project stakeholders. Reflect all agreed-upon details in the legal agreements before making any investment decisions.

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