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D.R. Horton Offers Canadian Solar PV Panels and Residential Batteries to Power California Communities
GUELPH, ON, June 13, 2024 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced today that it has entered into an
About this update from Canadian Solar Inc.
[{"type":"text","content":"GUELPH, ON, June 13, 2024 /PRNewswire/ -- Canadian Solar Inc. (the \"Company\" or \"Canadian Solar\") (NASDAQ: CSIQ) announced today that it has entered into an agreement with U.S. homebuilder D.R. Horton to offer its solar and energy storage products across communities in California.\n\nUnder the agreement, Canadian Solar will provide a total home energy battery back-up solution, which includes both its high-efficiency solar panels and fully integrated residential energy storage system, EP Cube. This solution allows homeowners in D.R. Horton communities to store self-generated solar energy, ensuring a reliable power source during peak electricity rate hours and power outages.\nD.R. Horton, America's largest homebuilder, has been building high-quality, functional residences for individuals and families in desirable locations since 1978. Over the next year, D.R. Horton plans to construct thousands of homes in California. Upholding its commitment to excellence, D.R. Horton has selected solar panels and batteries manufactured by Canadian Solar, a leader in the renewable energy industry known for its superior quality products.\nThomas Koerner, Senior Vice President of Canadian Solar, commented, \"We are thrilled to collaborate with D.R. Horton to help homeowners significantly reduce energy expenses amidst soaring electricity costs in California. Our solar panels, paired with the EP Cube, not only enable homeowners to save on electricity bills, but also provide a reliable power source during rolling blackouts, ensuring their homes remain functional and comfortable.\"\nAbout Canadian SolarCanadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery energy storage solutions, and developer of utility-scale solar power and battery energy storage projects with a geographically diversified pipeline in various stages of development. Over the past 23 years, Canadian Solar has successfully delivered over 125 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built, and connected over 10 GWp of solar power projects and 3.3 GWh of battery energy storage proje...