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.
Energy storage provider Schmid Energy Systems has signed a memorandum of understanding (MOU) with vanadium supplier VanadiumCorp Resource to jointly work on mineral extraction and developing vanadium electrolyte.
French manufacturer Leclanche will supply battery storage systems to a 13MW capacity storage project with 53MWh of storage duration in Ontario to be used for voltage control and in providing reactive power support to the grid.
Ontario’s Independent Electricity System Operator (IESO) has selected five companies to deliver nine energy storage projects with a total capacity of 16.75MW.