Convergent Energy + Power has commissioned an industrial battery energy storage system (BESS) project in Ontario which could save the facility owner CA$450,000 (US$356,000) per megawatt on power costs during summer.
Behind-the-meter battery storage projects announced last week in California and Ontario will cut electricity costs and carbon emissions for a variety of commercial and industrial (C&I) businesses.
Ontario’s energy system is the topic of debate. Energy storage has to be at the heart of its future, argues Justin Wahid Rangooni of Energy Storage Canada.
Hydrostor, a Canadian company with projects under development in North America and Australia using its advanced compressed air energy storage (A-CAES) technology, has secured CA$10 million (US$7.99 million) growth capital.
An agreement has been reached between the developer of a large-scale pumped hydro energy storage project in Ontario, Canada, and the Department of National Defence that could see the project built on federal land.
Stem Inc said that its portfolio of aggregated battery energy storage systems was called into action to help balance electricity networks across four different states and provinces in the US and Canada during heat waves in June.
California is facing a huge shortfall of electricity capacity on its grid and advanced compressed air energy storage (A-CAES) can fill the gap, Hydrostor has proposed.
Stem Inc’s shares begin trading on the New York Stock Exchange today, after the “artificial intelligence-driven clean energy storage services” company completed its business combination with special purpose acquisition company (SPAC) Star Peak Energy Transition Corp.
The Canadian federal government is financially supporting the development of a large-scale advanced compressed air energy storage (A-CAES) project capable of providing up to 12 hours of energy storage.
