Primary tabs

13 MW / 53 MWh IESO Energy Storage Procurement Phase 1 - Hecate Energy (Toronto Installation)

The Independent Electricity System Operator in the Canadian province of Ontario plans to install six energy storage systems to stabilize its grid. Leclanche SA, the Swiss company providing the technology, signed a deal with the grid operator valued at $50 million to $75 million, according to Chief Executive Officer Anil Srivastava. The combined capacity of the six systems will be 13 megawatts. The contract with IESO functions as a power purchase agreement for three years, with electricity distributor Toronto Hydro Corp. taking over the agreement for an additional 12 years.

Posted
Friday, May 26, 2017 - 13:27
Last Updated
Friday, March 16, 2018 - 10:40

Related Content

You are not authorized to access this content.
You are not authorized to access this content.

Project

Projects include commercial and non-commercial (i.e., demonstration) storage installations based in Canada. They may or may not be supported by an Initiative.

Have feedback on an existing activity, or want to propose a new one?

Content Feedback / Revision Form