Mar. 17 at 12:38 PM
$CSIQ just landed a ~2.5 GWh BESS deal (500 MW / 2,493 MWh) – here’s what it could mean for 2027 earnings.
At ~
$320/kWh → ~
$800M revenue.
Estimate based on historic E-Storage margins:
• Operating profit ~10–14% → ~
$95M
• Net income ~
$75M → ~
$1.10 EPS
Now add 45X if KY-made cells are used:
•
$35/kWh → ~
$87M credit
• After tax ≈
$70M net uplift
Revised:
• Net income ~
$145M
• EPS ~
$2.15
👉 45X alone adds ~
$1.00 per share on ONE project
👉 Nearly doubles profitability
This is the key: storage margins + US manufacturing = step-change earnings.
If CSIQ does 2–3 similar projects/year:
→
$2–3 EPS just from 45X tailwind
BESS is no longer just growth – it’s becoming a high-margin profit engine.
$TSLA $TAN $ICLN $ENPH
https://investors.canadiansolar.com/news-releases/news-release-details/e-storage-deliver-25-gwh-battery-energy-storage-system