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Canadian Solar's e-STORAGE Collaborates with Aypa Power to Install 2.1 GWh of Ontario Battery Storage Projects

LCG, October 2, 2025--Canadian Solar Inc. yesterday announced that e-STORAGE, part of the Company's majority-owned subsidiary CSI Solar Co., Ltd., has entered into Battery Storage Agreements (BSA) and Long-Term Services Agreements (LTSA) with Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects.

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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.

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Industry News

Ontario Proposes New Market Structure

LCG, Apr. 16, 2004--The energy minister of Ontario, Dwight Duncan, Thurday announced that the province will look for proposals by power producers, while consumers will begin to pay rates that are a combination of production costs and market-based prices, and businesses will continue to be able to purchase power in the market on their own.

In addition, Duncan said that a new power authority will be set up, the purpose of which will be to ensure that power supplies in the province will be adequate. The Ontario Power Authority would be able to sign long-term contracts.

TransAlta is reported to be interested in bidding for a contract, based on capacity from a new unit operating in Sarnia since last year. More time will likely be needed by the government to gauge whether investors in generation feel comfortable enough with the conditions governing the market in order to make new investments. The primary concern of developers and companies such as Ontario Power Generation was that regulated rates have not reflected the cost of production.
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