Technology

Canadian Solar’s e-STORAGE to Deliver Nova Scotia’s First Grid-Scale Battery Energy Storage Facilities

Published

6 months ago

July 8, 2024

GUELPH, ON, July 8, 2024 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company’s majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”), has secured a contract from Nova Scotia Power to develop flagship energy storage projects across three locations in Nova Scotia, Canada: Bridgewater, Waverley, and White Rock.

The projects, totaling 150 MW / 705 MWh DC, will play a crucial role in enhancing grid reliability and stability, supporting the province’s transition to cleaner energy. Construction will be completed by the end of 2026, and the first site expected to be operational in 2025. e-STORAGE will provide comprehensive engineering, procurement, and construction (EPC) services along with long-term service agreements (LTSA).

e-STORAGE’s expertise in engineering utility-scale battery energy storage systems ensures the projects meet the highest safety standards and regulatory requirements. With cutting-edge technologies and rigorous safety protocols, e-STORAGE addresses the increasing demand for energy storage solutions while ensuring community safety and grid reliability.

e-STORAGE has shipped more than 5 GWh of battery energy storage solutions across North America, Europe, and Asia Pacific markets. As a Canadian company, Canadian Solar takes pride in leveraging its global expertise and capabilities to empower Canadian businesses in transitioning to a sustainable energy future. As global demand for advanced energy solutions continues to rise, e-STORAGE is scaling up production to meet the evolving needs of clients and partners.

Peter Gregg, President of Nova Scotia Power, commented, “We look forward to collaborating with communities and project partners to ensure these projects provide the most cost-effective value to our customers. These grid-scale battery energy storage projects will help maintain system reliability during Nova Scotia’s clean energy transition, delivering safe and clean energy when needed.”

Colin Parkin, President of e-STORAGE, added, “We are thrilled to partner with Nova Scotia Power on these innovative energy storage projects, contributing to provincial and federal targets of achieving 80% renewables by 2030. As Canadians, we are committed to making a significant environmental impact at home while empowering our clients to shift electricity generation to long-term renewable energy sources. We are proud to be setting a precedent for North America, creating local jobs, and enhancing grid reliability.”

About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery energy storage solutions, and developer of utility-scale solar power and battery energy storage projects with a geographically diversified pipeline in various stages of development. Over the past 23 years, Canadian Solar has successfully delivered over 125 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built, and connected over 10 GWp of solar power projects and 3.3 GWh of battery energy storage projects across the world. Currently, the Company has over 1.2 GWp of solar power projects in operation, 6.5 GWp of projects under construction or in backlog (late-stage), and an additional 19.8 GWp of projects in advanced and early-stage pipeline. In addition, the Company has 600 MWh of battery energy storage projects in operation and a total battery energy storage project development pipeline of around 56 GWh, including approximately 4.3 GWh under construction or in backlog, and an additional 51.6 GWh at advanced and early-stage development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

About e-STORAGE
e-STORAGE is a subsidiary of Canadian Solar and a leading company specializing in the design, manufacturing, and integration of battery energy storage systems for utility-scale applications. The Company offers its own proprietary LFP battery solution, comprehensive EPC services, and innovative solutions aimed at improving grid operations, integrating clean energy, and contributing to a sustainable future. e-STORAGE had US$2.5 billion of contracted backlog including contracted long-term services agreements as of March 2024. e-STORAGE has shipped close to 5.7 GWh of battery energy storage solutions to global markets, including the United States, Canada, the United Kingdom, and China as of March 2024. This significant accomplishment solidifies e-STORAGE’s position as a key player in the global energy storage integration industry. Currently, the Company operates two fully automated, state-of-the-art manufacturing facilities with an annual production capacity of 20 GWh. e-STORAGE is fully equipped to continue providing high-quality, scalable energy storage solutions and contribute to the widespread adoption of clean energy. Please refer to the Media&PR section of the e-STORAGE website for images and additional information about e-STORAGE, follow the LinkedIn page or visit www.csestorage.com.

Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “believes,” “expects,” “anticipates,” “intends,” “estimates,” the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar and battery storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to the COVID-19 pandemic; supply chain disruptions; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets, such as Japan, the U.S., China, Brazil and Europe; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance (“ESG”) requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; litigation and other risks as described in Canadian Solar’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 26, 2024. Although Canadian Solar and Recurrent Energy believe that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar and Recurrent Energy undertake no duty to update such information, except as required under applicable law.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

e-STORAGE MEDIA INQUIRIES
Simona Marginean
e-STORAGE Marketing Manager
simona.marginean@csestorage.com

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SOURCE Canadian Solar Inc.

Technology

AG Touring & Mammoth Live Expands Rod Wave’s “Last Lap” Tour with Second Leg

Published

30 minutes ago

January 8, 2025

“Last Lap” Tour Features Special Guests, Including MoneyBagg Yo, Toosii, Lil Poppa, Dess Dior, and Eelmatic

Rod Wave Announces Second Leg of Sold-Out ‘Last Lap’ Tour

ATLANTA, Jan. 8, 2025 /PRNewswire/ — AG Touring & Mammoth Live are excited to announce the highly anticipated second leg of Rod Wave’s critically acclaimed ‘Last Lap’ tour. Following a triumphant sold-out first leg, the 19-city extension kicked off on January 5 in Sacramento, CA, and will continue through February 25, concluding in Greensboro, NC.

Rod Wave, celebrated for his emotionally raw lyricism and soulful delivery, has solidified his position as one of today’s most influential voices in hip-hop and R&B. Joining him on this extended journey are powerhouse support acts Moneybagg Yo, Toosii, Lil Poppa, Dess Dior, and Eelmatic, ensuring fans an unforgettable concert experience.

The first leg of the ‘Last Lap’ tour received glowing praise from fans and media alike:

St. Louis American: “A Vibe.”Dallas Observer: “Rod Wave’s ‘Last Lap Tour’ Delivers an Experience to Last a Lifetime.”South Florida Insider: “Rod Wave’s Last Lap tour was straight fire, and the final show at the Amerant Bank Arena in Sunrise, Florida, was everything a fan could’ve hoped for.”

With chart-topping hits and deeply resonant storytelling, Rod Wave continues to captivate audiences across the nation. Don’t miss your chance to witness the ‘Last Lap’ tour live in 2025.

For ticket information and the latest updates, visit here.

Stay tuned for more updates on Rod Wave, and listen to his latest project, Last Lap, here.

Rod Wave – Last Lap Tour Dates (Second Leg)

Sunday, January 5

Sacramento

Monday, January 6

Oakland

Wednesday, January 8

Inglewood, CA

Monday, January 13

Denver, CO

Wednesday, January 15

Austin, TX

Saturday, January 18

Dallas, TX

Monday, January 20

Lafayette, LA

Tuesday, January 28

Nashville, TN

Saturday, February 1

Detroit, MI

Tuesday, February 4

Milwaukee, WI

Thursday, February 6

Indianapolis, IN

Monday, February 10

Chicago, IL

Wednesday, February 12

Pittsburgh, PA

Friday, February 14

Brooklyn, NY

Sunday, February 16

Newark, NJ

Tuesday, February 18

Louisville, KY

Thursday, February 20

Cleveland, OH

Saturday, February 22

Charlottsville, VA

Tuesday, February 25

Greensboro, NC

About Rod Wave
Blessed with a special singing voice and an uncanny gift for songwriting, Florida’s Rod Wave is taking his own path to the top of the game. The St. Petersburg native, who has amassed over 21 billion streams to date, joined Taylor Swift as the only 2 artists to top the Billboard albums chart between 2021-2023. Rod’s last album, Nostalgia, topped the chart 2 weeks in a row and cemented his status as one of the pioneers of “pain music.” He first erupted onto the scene with the viral 4x-platinum “Heart On Ice,” which culminated a prolific run of 3 full-length projects in a 12 month span. His debut album, Pray 4 Love, was certified platinum within a year of release, propelled by the TikTok crossover moment “Rags2Riches,” and the follow up, SoulFly, became Rod’s first-ever #1 Billboard charting album. Known for his fiercely loyal fanbase, Rod’s extensive touring history includes 2 consecutive nationwide arena tours, grossing tens of millions of dollars on the road.

About Grizzly Touring
Grizzly Touring is the result of a powerful collaboration between AG Touring, Mammoth, and CTS Eventim, combining their unique strengths to create a dynamic force in the live event industry. AG Touring, based in Atlanta, Georgia, brings extensive expertise in club and tour promotions, with a proven track record of quality business practices, innovative marketing strategies, and an acute eye for talent that resonates with audiences. Since its launch in 2006, Mammoth has made its mark producing a wide range of events, from national tours to major festivals, with offices across the U.S. in Lawrence, Kansas City, New York, Los Angeles, and the Pacific Northwest. CTS Eventim, holding a majority stake in both companies, enhances the partnership by providing access to its vast global network, offering world-class expertise in live events, ticketing services, and logistical support. This collaboration further strengthens Eventim Live’s presence in the U.S. market, aligning AG Entertainment’s marketing acumen with Mammoth’s production capabilities, and leveraging Eventim’s international reach to bring top-tier tours and events to American audiences and beyond. Together, they form Grizzly Touring, a powerhouse in live entertainment poised to redefine the concert and festival experience on a global scale.

Follow Rod Wave
INSTAGRAM
FACEBOOK
TWITTER
TIKTOK
YOUTUBE

Grizzly Touring Contact:
Tresa Sanders, Tremedia @ tresa@tre-media.net
Hajji McQueen, Tremedia @ publicity@tre-media.net

Rod Wave Publicity contact:
Dharmic Jain, Alamo Records @ dharmic@alamo-records.com
Gabe Tesoriero @ GT@screamingtarget.co

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SOURCE AG Entertainment

Technology

XbotPark Showcases Over 30 Incubated Hardware Startups at CES 2025

Published

30 minutes ago

January 8, 2025

LAS VEGAS, Jan. 8, 2025 /PRNewswire/ — XbotPark, a leading startup incubator specializing in robotics and smart hardware, debuted over 30 incubated startups and its supply chain platform at CES 2025. This milestone demonstrates its commitment to supporting hardware innovators, entrepreneurs and startups in realizing their idea from concept to commercialization.

“This marks the first time XbotPark has brought its esteemed incubatees together at CES to demonstrate their cutting-edge smart devices,” stated Zexiang Li, founder of XbotPark and professor at HKUST. “XbotPark offers emerging entrepreneurs a full range of resources, including comprehensive mentorship program, robust supply chain solutions, funding and other support to help them thrive.”

Embracing a Global Vision From the Beginning

At CES 2025, XbotPark presented a diverse portfolio of groundbreaking projects, reflecting its deep understanding of user needs and the seamless integration of smart technology into daily life. Highlights included:

PETPA Multi-Pet Feeder: A CES 2025 Innovation Award Honoree, revolutionizing feeding time for multi-pet households.LOOI Robot: Transforming smartphones into desktop robots.SPARKY: A bionically-inspired robot dog offering flexibility, open-source design, and enhanced play possibilities.Lissome R1: Utilizing the world’s first jet sweeping technology to wash and dry dishes in 15 minutes.RheoFit A1: The world’s first intelligent rolling massage device.FLY WING: A hyper-realistic cockpit equipped with a movable joystick, attitude indicator, and VR head-tracking technology.LiberLive: The world’s first stringless smart guitar.Roamate: The world’s lightest multifunctional mobility aid.

A History of Success

Since its founding in 2014, XbotPark has successfully incubated over 80 companies, including six unicorns valued at $1 billion or more, such as NARWAL, HAI ROBOTICS, CiDi, EcoFlow.

“Historically, Chinese products prioritized the domestic market before global expansion. Today, our startups are designing products for global audience from the very beginning, incorporating a deep understanding of regional consumer needs,” explained XbotPark founder, Professor Zexiang Li. He emphasized the significance of CES as a platform for startups: “While Narwal and EcoFlow were already well-known in China, CES played a crucial role in their global recognition. This year, we are empowering more startups to leverage CES to connect with customers, gain media exposure, and propel themselves to the forefront of their industries.”

Removing Barriers to Turn Dreams into Reality

XbotPark has cultivated a robust ecosystem designed to empower early-stage entrepreneurs to overcome the key challenges of “product definition” and “mass production” in their entrepreneurial journeys.

Leveraging its network of bases across China, XbotPark offers mentorship programs to guide early-stage founders in developing user-oriented mindsets, refining product definitions, and strategizing development and prototyping.

In addition, XbotPark offers XCM (XbotPark Collaborative Manufacture), a one-stop manufacturing solution powered by a network of over 100 supply chain partners.

“XbotPark empowers startups to develop truly original products that often define entirely new categories, pushing the boundaries of technological complexity,” said Professor Zexiang Li. “This commitment to innovation requires a robust support infrastructure, such as XCM, which helps startups overcome manufacturing hurdles. At CES 2025, we look forward to connecting with international partners who can benefit from these valuable resources.”

XCM has empowered over 50 startups to ship a total of 260,000 units, maintaining a 100% on-time delivery rate for crowdfunded projects and significantly accelerating their product development cycles.

For example, LiberLive’s success exemplifies how XCM can help startups scale rapidly. By utilizing XCM’s resources, LiberLive rapidly scaled production from a few hundred to tens of thousands of units, capturing a key market opportunity.

XbotPark’s presence at CES 2025 exemplifies its commitment to removing barriers and turning dreams into reality for hardware innovators worldwide. By providing comprehensive support and a global platform, XbotPark is empowering the next generation of technology leaders.

XbotPark at CES 2025:

XbotPark and its incubator companies are located at:
Venetian Expo, Hall G – 63518

The XbotPark Collaborative Manufacture (XCM) exhibit is located at:
LVCC, South Hall 3 – 41026

About XbotPark

Since its founding in 2014, XbotPark has been a global force in incubating robotics and smart hardware startups. With a proven track record of incubating over 80 companies—including six unicorns such as NARWAL, HAI ROBOTICS, CiDi, and EcoFlow—XbotPark provides the resources and guidance startups need to scale from concept to mass production.

Learn more: XbotPark.com.

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SOURCE XbotPark

Technology

TETRA TECHNOLOGIES, INC. TO PARTICIPATE IN THE 27TH ANNUAL NEEDHAM GROWTH CONFERENCE

Published

30 minutes ago

January 8, 2025

THE WOODLANDS, Texas, Jan. 8, 2025 /PRNewswire/ — TETRA Technologies, Inc. (“TETRA” or the “Company”) (NYSE: TTI) announced that its senior management will participate at the 27th Annual Needham Growth Conference in New York on January 14th and 15th, 2025.

Brady Murphy, Chief Executive Officer, and Elijio Serrano, Chief Financial Officer will be hosting one-on-one meetings on January 14 and 15 and will present on January 14 from 8:45 A.M. to 9:25 A.M. (ET) in the Rutherford meeting room. The Company’s presentation will be webcast as follows: Webcast Link.

To register for one-on-one meetings with management at the Lotte New York Palace Hotel in New York City (455 Madison Avenue at 50th Street), interested parties should contact conferences@needhamco.com.

Company Overview

TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people’s lives better. With operations on six continents, the Company’s portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. In addition to providing products and services to the oil and gas industry and calcium chloride for diverse applications, TETRA is expanding into the low-carbon energy market with chemistry expertise, key mineral acreage, and global infrastructure, helping to meet the demand for sustainable energy in the twenty-first century. Visit the Company’s website at www.onetetra.com for more information or connect with us on LinkedIn.

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SOURCE TETRA Technologies, Inc.