Canadian Solar Group established energy storage system and headquarters building project in Suzhou High-tech Zone

On May 29, Canadian Solar signed a major investment project in Suzhou High-tech Zone, including a 20GWh energy storage system integration project and a group headquarters building. The project is expected to invest about 1.5 billion yuan, of which the energy storage system will build 8 production lines for the manufacture and assembly of battery modules and the integration of energy storage systems. Once fully operational, the annual output value is expected to reach 15 billion yuan.