Equity investor Blackstone buys energy-as-a-service provider NRSTor C&I
Blackstone Energy Partners, a private equity business belonging to investment firm Blackstone, has bought up NRStor C&I.
Articles tagged with: Canada
Lithium recycling goes commercial to meet ‘unprecedented phase of the market’
A new lithium battery recycling facility, established by operator Li-Cycle on a commercial basis at the well-known Eastman Business Park in New York State, answers both a growing need and an opportunity in an “unprecedented phase” of deployment, the company has said.
Korean flow battery company signs JV agreement for 200MWh US factory
Former Governor of New York George Pataki has welcomed the possible siting and construction of a vanadium redox flow battery (VRB) factory in the state.
Grid-connected advanced compressed air energy storage plant comes online in Ontario
Developer NRStor and technology provider Hydrostor have completed work on a multi-megawatt, commercial, advanced compressed air energy storage (A-CAES) system in Canada.
Convergent completes oil refinery battery storage project for Shell Canada
Convergent Energy & Power’s first projects out of a joint venture with Shell have come online, while GE Renewable Energy touted the imminent implementation of the country’s ‘first hybrid electric gas turbine’ project.
Honeywell, NRStor launch 300MW US and Canada ESS pipeline
A 300MW pipeline of behind-the-meter energy storage projects in Canada and the US will be executed by large engineering firm Honeywell, with Canadian project developer NRStor.
Ontario IESO launches its first-ever local electricity market
Ontario’s Independent Electricity System Operator (IESO) is set to launch a demonstration of how solar panels, energy storage and customer-sited demand side response (DSR) can be used to drive down costs of the IESO’s network.
Canada’s Li-Cycle says 100% recycling commercially achievable for Li-ion batteries, including cobalt
Energy-Storage.news spoke with Li-Cycle, which claims it can achieve a recycling rate of 80% to 100% of materials in lithium-ion batteries.
Shell’s industrial customers in Ontario to be offered Convergent’s BTM battery storage
Ontario’s policy of rewarding large users of energy that reduce their demand for grid energy at peak times has resulted in Shell New Energies announcing 21MWh of projects with Convergent Energy + Power.
UK’s Capacity Market becomes target for flow battery maker CellCube
Long duration flow battery manufacturer CellCube will bring its large-scale vanadium redox flow systems to the UK, with the country's Capacity Market firmly in its sights, according to Immersa, which the Canadian energy storage company has signed up to partner with.
Canadian state-owned utility pairs with Stem to deliver no-money-down storage in Ontario
Stem Inc, which offers commercial and industrial (C&I) customers battery storage systems to lower their energy costs, has partnered with Canadian state-owned utility Ontario Power Generation to offer Ontario businesses ‘no-money-down’ energy storage solutions.
Relentless Ontario C&I sector gets biggest BTM storage system so far
Convergent Energy & Power, a US-Canadian developer backed with investment from Statoil, has just connected up Ontario’s largest single-site behind-the-meter energy storage system to date.
Fluence’s latest Ontario project will be 48MW/144MWh for C&I customers
A vast new energy storage system – thought to be the largest of its kind in Canada to date with 48MW / 144MWh capacity, will be built in the city of Sault Ste Marie, Ontario.
Ontario’s GAC policy inspires another 42MWh of C&I energy storage
Currently attracting developers and investment alike, the opportunity to reduce energy costs for businesses in Ontario has led to an agreement for another 42MWh of energy storage from project developer NRStor and solutions provider IHI Inc.
Peak demand, demand response create 20% energy bill savings for Enel’s latest Ontario C&I customer
Enel X, the innovation and digitalisation arm of European utility Enel, is following up an initial 1MWh commercial and industrial (C&I) energy storage project in Ontario, Canada, with a significantly scaled-up second project.
Enel latest big name to hit Ontario’s energy storage space with 1MWh commercial project
Enel has become the latest big name to spy opportunities in the commercial and industrial (C&I) energy storage space in Ontario, Canada, signing an agreement this week for its first project in the region.
Ontario’s new light rail transit line using 30MWh RES system to reduce peak energy, add backup
RES (Renewable Energy Systems) has confirmed the expected capacity and output of a photovoltaics-linked energy storage system being developed for a railway in Canada which will use lithium-ion batteries.
ROUNDUP: Stem 7.5MWh, Leclanché in Ontario, Redflow Thai factory update
News in brief from around the world of energy storage.
IFC and Canadian government to support renewables and energy storage in Africa
IFC, a member of the World Bank Group, and the government of Canada have formed a financial partnership that will utilise public funding to generate private sector investments to spur renewable energy, including energy storage, in Sub-Saharan Africa.
Storage investment rush continues as Stem raises US$80 million in Ontario
Stem Inc, self-described as a supplier of “artificial intelligence-powered” energy storage, which deployed a system on average every two days last year, has closed a US$80 million Series D financing round.
116MWh sale to fund Powin’s pivot from developer to tech provider
Powin Energy has just sold 116MWh of its project assets and pipeline of future developments to esVolta and made a deal which sees Powin become exclusive supplier to the latter’s projects.
Ontario plastics company installs 8.5MWh commercial energy storage system
Developer Convergent Energy & Power has installed a commercial and industrial (C&I) energy storage system in Ontario for an injection-moulded plastics company, sized with 8.5MWh of batteries.
Swiss investor SUSI puts US$95 million into Canada’s C&I energy storage market
Swiss institutional investment group SUSI Partners has agreed to finance C$120 million (US$94.56 million) of commercial and industrial (C&I) sector energy storage projects by Canadian project developer/owner NRStor.
Indian government-backed JV invests US$12m in Ontario battery project
An Indian state-owned energy services and energy efficiency company is set to invest in 14MWh of grid-scale storage in Canada through a joint venture (JV) with UK company EnergyPro Limited (EP).
Caribbean Development Bank commits US$350k for energy storage, grid modernisation with Canadian help
The Caribbean Development Bank (CDB) has approved funds of USD$350,000 for energy storage and grid modernisation in the Caribbean.
Peak Power supplies control platforms to 6MWh of Ontario and New York projects
Energy storage services provider Peak Power will supply control platforms to 6MWh of energy storage projects in Ontario and New York, some of which will be funded by Sustainable Development Technology Canada (SDTC).
Ontario’s C&I energy storage sector kicks on with utility-developer partnership
Canadian utility Alectra Energy Solutions, which has over a million customers in Ontario, will offer large-scale energy storage to commercial and industrial operations in its service area, having formed a partnership with developer AMP.
Powin Energy to deliver Canada’s largest energy storage rollout at 52.8MWh
Leading energy storage provider Powin Energy will be building and installing six energy storage projects at two sites in Ontario, Canada with a total capacity of 12.8MW/52.8MWh.
Canadian firms NRStor and Hydrostor partner up on utility-scale adiabatic compressed air storage
Compressed air energy storage plants could be rolled out across Canada from energy storage project developer NRStor and advanced adiabatic compressed air energy storage (A-CAES) firm Hydrostor.
Third-party project financing found for 12MW of Ontario projects
US-Canadian energy storage project developer Convergent Energy and Power has secured third-party project financing for 12MW of energy storage projects in Canada that will provide grid services.