, 2026, Canadian Solar Inc. (NASDAQ: CSIQ) announced that Its energy subsidiary, Recurrent Energy, is a developer and owner of solar and energy storage power plants. It has successfully sold its 200 megawatt-hour (MWh) "Fort Duncan" storage power station in Texas to Hunter Energy Company (Hunt Energy Network, L. L. C.). Atlas Group expects to recognize revenue related to this transaction in the first quarter of 2026. Fort
Duncan Energy Storage Power Station (Figure)
"Fort Duncan" Energy Storage Power Station, located in Maverick County, Texas, has achieved commercial operation in June 2025.
The energy storage power station adopts market-oriented operation mode and has become one of the best performing independent energy storage systems in the southern load area of the Texas Electric Reliability Commission (ERCOT), providing key grid support and reliability services for the South Texas region. The strong performance of the power plant is due to the battery energy storage system provided by e-STORAGE, a subsidiary of Atlas Group's energy storage business. Pat Wood III, Executive Chairman of
Hunter Energy, said, "We are committed to aggressively expanding our presence in the ERCOT region, and this acquisition is an important step in achieving that goal.". Thanks to Recurrent Energy's cooperation in this transaction, we look forward to the continued stable operation of this high-quality asset in the future. Ismael Guerrero, CEO
of Recurrent Energy, said, We are very pleased to have successfully completed the sale of the Fort Duncan Energy Storage Station. The project has performed well and has become a reliable and responsive asset to the Texas power grid. This transaction is an important milestone in our strategy to selectively sell programs to support the company's continued growth.
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