Over 2.6 GWh: Two Companies Secure Major Overseas Energy Storage Contracts
On October 9, 2025, the energy storage sector witnessed significant developments as two companies announced substantial overseas contracts, totaling over 2.6 GWh. This includes a 500 MWh battery storage system order from Huawei and a 2.1 GWh contract from Canadian company Canadian Solar, marking a significant expansion in the energy storage market.
500 MWh: Huawei Signs Overseas Energy Storage Contract
On October 3, GoldenPeaks Capital, a European investment firm, signed a memorandum of understanding with Huawei’s Poland division. The two parties plan to deploy a grid-type energy storage project in Central and Eastern Europe, with a total scale of 500 MWh. According to the agreement, Huawei will provide its digital energy solutions to support the energy storage project, while GoldenPeaks Capital will be responsible for its implementation. The initial phase is set to cover Poland and Hungary, with potential expansions to other Central and Eastern European countries in the future. The signing ceremony was attended by Fubin Lu, GoldenPeaks Capital’s Chief Procurement Officer, and Nathan Zhao, Huawei’s head of digital energy in Poland, along with Jianjun Zhou, founder of GoldenPeaks Capital and Huawei Vice President. Specific timelines and further details regarding the deployment of the 500 MWh energy storage system have yet to be disclosed.
2.1 GWh: Canadian Solar Secures Major Contract in North America
On October 1, Canadian Solar announced that its energy storage subsidiary has officially signed a battery storage system supply agreement (BSA) and a long-term service agreement (LTSA) with Aypa Power, a renewable energy developer under Blackstone Group. The collaboration focuses on two battery storage projects located in Elora and Hedley, Ontario, Canada, with a combined capacity of 420 MW/2122 MWh, representing a significant breakthrough in North America’s energy infrastructure development. Both projects will utilize Canadian Solar’s large-scale energy storage product, SolBank. The project is scheduled to commence equipment delivery in the first quarter of 2026, with commercial operations expected to begin in the first half of 2027. Following the operational launch, Canadian Solar will provide comprehensive operational and maintenance services for the plant under the signed 20-year long-term service agreement.
These developments underscore the growing demand for energy storage solutions and the commitment of major companies to expand their capabilities in this sector.
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