Honeywell, NRStor launch 300MW US and Canada ESS pipeline

Share on linkedin
LinkedIn
Share on twitter
Twitter
Share on reddit
Reddit
Share on facebook
Facebook
Share on email
Email
A recent corporate blog posted by Honeywell on its own website described batteries to ‘keep the lights on’ as a key trend in its business and for the world going forwards. Image: Honeywell publicity pic.

A 300MW pipeline of behind-the-meter energy storage projects in Canada and the US will be executed by large engineering firm Honeywell, alongside Canadian project developer NRStor.

Sources close to Honeywell had been hinting around a year ago to Energy-Storage.news that the Fortune 100 company was close to entering the energy storage market with a significant push. Then, in May this year, we reported that the company would be providing a 18MWh system to a commercial customer in partnership with EPC partner Saturn Power in Ontario.

According to a release from Honeywell on Friday, it has an agreement in place with NRStor for the development of 300MW of behind-the-meter projects, with the pair set to own and operate the systems once deployed. Honeywell's Process Solutions business division touted that it will be using 'state-of-the-art' remote operations centres to run the systems, featuring artificial intelligence-backed peak prediction and value stack optimisation algorithm software platforms that are proprietary to Honeywell.

Customers will be able to make savings based on reducing their peak demand at industrial and commercial sites, while the addition of energy storage should add resilience and stability to their operational energy use. As well as controlling and dispatching the systems' output, Honeywell claims its platforms add layers of cybersecurity and protection.

Meanwhile, Canada's NRStor has been heavily active across North America, with the earliest instance of major activity reported on this site a deal in 2017 with institutional investor group SUSI Partners, which agreed to back the company to the tune of C$120 million (around US$95 million at that time).

Read Next

May 27, 2022
Siemens’ international financing arm, US development bank NADBank and energy storage developer EnerSmart Storage have signed a US$78.2 million loan facility to finance a fully merchant battery storage project in California totalling 165MW.
May 27, 2022
Programmes to provide home energy storage solutions to low-income homes and businesses have been launched in Washington D.C and Connecticut by Electriq Power and Generac/PosiGen, respectively.
May 27, 2022
Global battery energy storage system (BESS) integrator Powin Energy is expanding its battery cell and system testing lab in Oregon, US.
May 26, 2022
Alongside its many benefits, growing deployments of energy storage will pose complex challenges around availability of data and resource planning for grid and distribution network operators.
May 25, 2022
Renewable energy developer Kearsarge Energy expects a 20-50% revenue uplift for a solar-plus-storage project in the New England ISO market by using Customized Energy Solutions’ optimisation platform.

Most Popular

Email Newsletter