Vertically-integrated solar PV company Canadian Solar won nearly 1GWh of battery storage contracts in 2020 and CEO Shawn Qu has said it expects to “capture around 10% of the battery storage market in the US alone” during this year.
In comments accompanying Canadian Solar’s 2020 financial results, CEO Qu said that there is nearly 9GWh of battery storage in the company’s project pipeline, along with over 20GWp of solar PV projects, with Canadian Solar “positioned to benefit from robust growth in both areas”.
