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Canadian Solar to Present the EP Cube Residential Energy Storage Solution at the Genera Trade Show in Spain
GUELPH, ON, Feb. 15, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that its majority-owned
About this update from Canadian Solar Inc.
[{"type":"text","content":"GUELPH, ON, Feb. 15, 2023 /PRNewswire/ -- Canadian Solar Inc. (the \"Company\" or \"Canadian Solar\") (NASDAQ: CSIQ) today announced that its majority-owned subsidiary CSI Solar Co., Ltd. (\"CSI Solar\") will launch the EP Cube in Europe, following the successful launch in North America in September 2022. The EP Cube is an all-in-one energy storage solution for residential applications, which will enable greater adoption and improved economics in combination with residential solar photovoltaic systems.\nThe EP Cube will be officially presented in Europe at the Genera exhibition in Madrid, Spain, on February 21-23, 2023. The EP Cube will allow users to increase the efficiency of their self-consumption solar PV installations by storing, managing and using the electricity generated with their own PV system. EP Cube is a flexible and smart solution that optimizes costs and reduces users' reliance on the electrical grid, at a time of elevated electricity prices.\nEP Cube is developed and produced by Eternalplanet, a consumer-oriented independent brand of energy technology under Canadian Solar's CSI Solar subsidiary.\nThe EP Cube integrates a hybrid inverter with stackable storage modules, while simultaneously absorbing communication cables and wires together in a stacked-up module design. It works with both new and already existing AC and DC-coupled PV systems. EP Cube is scalable and customizable from 6.6 kWh to 19.9 kWh capacities and compatible with most existing PV systems, micro-inverters, and EV chargers, making it a versatile solution. It can be installed both indoors and outdoors thanks to its IP65 rating, making the system resistant to dust and humidity.\nThe EP Cube is easy to transport and install – given its small size of 24.3 cm in thickness and light weight of 35 kg per battery module – which translates into shorter installation time and cost reductions for both homeowners and installers. Thanks to its aesthetically sleek design, it matches and integrates beautifully with various home styles.\nWith the EP Cube app users can easily manage their residential storage system and control the energy production and consumption at home in real time. The system has 3 operation modes that are designed to cover a wide range of usage scenarios: Self-consumption, time of use (TOU) and backup mode. Detailed settings under each mode ca...