380MW Boralex storage projects win Canadian contract
- Two schemes represent practically half of the complete capacity selected by the Ontario IESO
Two Boralex storage projects, amounting to 380MW of nameplate capacity, were chosen by the Ontario Independent Electricity System Operator (IESO) as part of its Expedited Long-Term Request for Proposals.
Boralex as well as its companions, 6 Nations of the Grand River and also the Walpole Island First Nation, are currently settling the regards to the contract with the IESO.
The two projects represent practically fifty percent of the total capacity of 780MW selected, as well as one of the two sites-- the 300MW Hagersville Battery Storage Park-- is the largest in regards to nameplate capacity to have actually been picked by the IESO.
Tilbury Battery Storage Project is an 80MW, four-hour duration battery storage advancement near existing Hydro One facilities in the Municipality of Lakeshore, Ontario.
The projects, when on the internet, will be Boralex's first storage facilities in Canada.
Head of state as well as chief executive of Boralex Patrick Decostre claimed: "Today's announcement is another significant milestone for Boralex as we want to increase our storage portfolio as well as meet the development as well as diversity objectives of our 2025 strategic plan.
" These projects will aid the province of Ontario meet its own energy capacity targets while enabling greater renewable energy advancement and also supplying stability to the province's power system."
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