<div id="readability-page-1"><div><ul> <li>Canadian Solar’s e-STORAGE division recently agreed to supply a 204 MW / 408 MWh battery energy storage system to Vena Energy’s Tailem Bend 3 project in South Australia, which is scheduled to begin operating in 2027 under an initial five-year service and maintenance agreement.</li> <li>This contract marks e-STORAGE’s fourth major battery project in Australia, lifting its installed and contracted footprint in the country to about 2 GWh and underscoring the company’s growing role in grid stability and renewable integration.</li> <li>We’ll now examine how this large Australian battery contract, and its long-term service component, influences Canadian Solar’s broader investment narrative.</li> </ul><p>The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.</p><h2>Canadian Solar Investment Narrative Recap</h2><p>To own Canadian Solar, you need to believe that its shift from pure solar modules into battery storage and long-term service contracts can offset margin pressure from commoditized modules, rising costs and policy uncertainty. The Tailem Bend 3 award reinforces the storage expansion story, but its impact on near term earnings and cash flow is likely modest relative to the larger issues of manufacturing cost inflation and capital needs for global capacity build out.</p> <p>The most relevant recent announcement here is e-STORAGE’s launch of its FlexBank 1.0 modular utility storage platform for 2026, which aligns directly with contracts like Tailem Bend 3. Together, these moves highlight how Canadian Solar is trying to increase the share of higher value storage and service revenue in its mix, a key catalyst as it ramps planned BESS capacity and seeks to improve margins in a highly competitive module market.</p> <p>Yet behind these long-term storage opportunities, investors also need to be aware of rising supply chain and manufacturing costs that could...</p> <p>Read the full narrative on Canadian Solar (it's free!)</p><p>Canadian Solar's narrative projects $8.0 billion revenue and $201.9 million earnings by 2028. This requires 10.4% yearly revenue growth and a $208.8 million earnings increase from -$6.9 million today.</p><p>Uncover how Canadian Solar's forecasts yield a $23.33 fair value, a 5% downside to its current price.</p><h2>Exploring Other Perspectives</h2><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ff02d7e5-5c4b-43b0-a5ae-f33d64cafaad/chart/quote-price?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ff02d7e5-5c4b-43b0-a5ae-f33d64cafaad/chart/quote-price"/><figcaption>CSIQ 1-Year Stock Price Chart</figcaption></figure> <p>Six members of the Simply Wall St Community currently value Canadian Solar between US$7 and US$57.94 per share, reflecting very different expectations. Against this spread, the push into higher margin storage contracts like Tailem Bend 3 may be an important factor you will want to compare across multiple viewpoints.</p><p>Explore 6 other fair value estimates on Canadian Solar - why the stock might be worth less than half the current price!</p><h2>Build Your Own Canadian Solar Narrative</h2><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p><ul><li>A great starting point for your Canadian Solar research is our analysis highlighting 3 key rewards and 3 important warning signs that could impact your investment decision.</li><li>Our free Canadian Solar research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Canadian Solar's overall financial health at a glance.</li></ul><h2>Want Some Alternatives?</h2><p>Opportunities like this don't last. These are today's most promising picks. Check them out now:</p><ul><li>Outshine the giants: these 25 early-stage AI stocks could fund your retirement.</li><li>We've found 13 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</li><li>Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p><div><p>Mobile Infrastructure for Defense and Disaster</p><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p><p>Get the investor briefing before the next round of contracts</p><p><span>Sponsored On Behalf of CiTech</span></p></div></div></div>

CSIQ

<p>Canadian Solar's e-STORAGE division has secured a contract to supply a 204 MW / 408 MWh battery energy storage system for Vena Energy's Tailem Bend 3 project in South Australia, set to operate in 2027. This marks e-STORAGE's fourth major battery project in Australia, expanding its footprint to 2 GWh. The contract highlights Canadian Solar's shift towards battery storage and long-term service contracts to offset margin pressures from solar modules.</p>

Is Canadian Solar (CSIQ) Quietly Turning Australian Battery Deals Into a Durable Grid-Services Franchise?