Atlas Energy Storage Wins 381MWh Large Orders Overseas

On June 24, Atlas Solar Power Group (Canadian Solar Inc., NASDAQ: E-STORAGE, a subsidiary of its energy storage solutions business, will provide a total of 75 MW/381 MWh (DC) for leading renewable energy developers and operators Apex Clean Energy (hereinafter referred to as "Apex Company"). DC) Battery Energy Storage System (BESS). Located in Branch County, Michigan, the project will be co-located with Apex's operating Cold water solar power plant.

According to the agreement, Atlas Energy Storage (e-STORAGE) will provide a complete battery energy storage system (BESS) solution for the project. It includes 5MWh SolBank 3.0 energy storage system with lithium iron phosphate (LFP) core, energy storage converter (PCS) and energy management system (EMS) to build a grid-level collaborative operation platform. All core equipment is independently developed, designed and manufactured by Atlas Energy Storage (e-STORAGE) to achieve transparent and traceable supply chain and provide customers with solid quality and compliance assurance. The project is expected to start delivery in early 2027 and is scheduled to be put into commercial operation in mid-2027. The

"Coldwater" energy storage project comes at a critical time when Michigan's energy structure is accelerating its transformation. According to the local policy, the state needs to add 2500 MW of battery energy storage system by 2030; meanwhile, the state's large coal-fired units are planned to be phased out by 2032 at the latest, which will lead to the reduction of dispatchable power resources in the MISO grid. Energy storage system will play a key role in this process to make up for the gap of peak shaving capacity. After the

Atlas Energy Storage Project (Figure)

is put into operation, it will store electricity at low electricity prices and release it at peak electricity consumption, effectively improving the flexibility and stability of the power grid and providing solid and reliable support for accelerating the development of wind and solar energy in Michigan. "Demand for electricity is growing rapidly, and the Cold water project will help the grid keep pace," said Ken Young, CEO of

Apex Clean Energy. Atlas Energy Storage has the leading technical strength and large-scale delivery capability, and we are very pleased to work with this trusted partner again to promote the project landing. Jeff Roy, president of

Atlas Energy Storage (e-STORAGE), said, "Michigan is restructuring its power mix on schedule, and this collaboration is a Testament to how policy goals translate into reliable power capacity that can be landed.". Through the integrated solution of energy storage system, we will provide continuous guarantee as the only technical partner of Apex in the whole life cycle of the project.