Canadian Solar (CSIQ) Expands Arizona Energy Projects with New Agreements

Oct 31, 2024

Canadian Solar (CSIQ, Financial) revealed that its subsidiary, Recurrent Energy, has signed two new 20-year agreements with Arizona Public Service (APS). These agreements cover the Desert Bloom standalone storage project, offering 600 MWh, and the Papago solar project, providing 150 MW. Both projects are located in Maricopa County, Arizona, with construction planned to start in 2025 and operations commencing in 2026.

Previously, Recurrent Energy announced a 20-year storage agreement with APS for its 1.2 GWh Papago storage project, currently under construction. This project is set to begin operations in 2025 and is projected to be the largest standalone storage project in Arizona upon completion.

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