Canadian Solar Inc

CSIQ

Canadian Solar Inc

@jack2509
1 year ago

Largest Euro Battery Storage

My friend is an engineer beginning a job soon on a huge project (1 of 2) in Scotland which is apparently to be the largest battery farm in Europe, in order to store renewable (at least mostly I think) energy for the UK’s grid.

https://www.bbc.co.uk/news/articles/c5yd18q248jo

The project is a collaboration between Copenhagen Infrastructure Partners and Canadian Solar. Looking at Canadian Solar’s share price it’s down at $10.27 at time of writing. I have zero experience in this field so I wanted to know if anyone had any insights into whether this seems like an investment opportunity. I realise Europe is not North America and so I don’t know the outlook for the rest of the company’s projects, or how similar companies are looking price/value wise.