Justin Rangooni, executive director of Energy Storage Canada, explains why hitting the country’s 2050 net zero target will be impossible without at least 8GW of energy storage by 2035.
On.Energy has raised US$100 million in project financing from UK fund SDCL Energy Efficiency Income Trust plc (SEEIT) for its US and Canada energy storage project deployments.
Mercedes-Benz is supplying second-life batteries for Canadian startup Moment Energy’s energy storage solution (ESS), the automotive player’s second such deal in three months.