Canadian Solar Inc. announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd. ("CSI Solar"), has been selected to provide up to 550 MWh of SolBank energy storage products to Pulse Clean Energy ("Pulse") to be used in various UK-based projects. The 550 MWh of energy storage projects covered in the agreement will utilize CSI Energy Storage's SolBank, a proprietary battery energy storage solution designed and manufactured for utility-scale applications.

Under the agreement, CSI Energy Storage will also provide commissioning services for the products, in addition to long-term warranties and performance guarantees. The new agreement expands CSI Energy Storage's relationship with Pulse. In May 2022, Pulse announced that it selected CSI Energy Storage to provide the engineering, procurement, and construction services for a total of 100 MWh across four projects.

The agreement also included a 10-year Long Term Services Agreement (LTSA) for the operation and maintenance of the facilities.