Habitat Energy is continuing its global rollout thanks to a new partnership with one of the world's largest solar technology and renewable energy companies, Canadian Solar.
The partnership will see the Ontario based company offer Habitat Energy’s enhanced technology solutions for developers and owners of battery storage assets across its operations, enabling them to capture additional revenue from trading optimisation.
This will include the use of Habitat’s trading platform, with full route-to-market capabilities for both the wholesale and balancing markets. It is based on the company’s proprietary software PowerIQ, which combines algorithmic forecasting and AI.
“Storage-enabled renewables are critical to the energy transition and require continued innovation and collaboration across the entire value chain to achieve their full potential,” said Andrew Luers, co-founder and CEO of Habitat Energy.
“We share Canadian Solar’s mission to work toward a cleaner earth for future generations and look forward to working together on storage and solar plus storage projects around the world.”
Working with Canadian Solar will help Habitat expand beyond the UK and Australian markets it currently operates in. The integrated solar PV company has increasingly targeted battery energy storage, including winning nearly 1GWh of battery storage contracts in 2020 and setting its sights on 10% of the US market.
Dr. Shawn Qu, chairman and chief executive officer of Canadian Solar said: “The power grid of tomorrow is not only built by renewable energy and battery storage, but crucially driven by artificial intelligence, big data, machine learning, cloud computing and many more technologies.
“Habitat Energy is the proven leader in AI-enabled battery optimisation and dispatch services. We strongly share Habitat Energy’s belief that making merchant battery storage investable at scale is a vital step towards delivering a low carbon future and the preservation of our habitat for generations to come.”