PowerBank announces commercial operation of first battery energy storage system in Ontario

PowerBank announces commercial operation of first battery energy storage system in Ontario

PowerBank Corporation says a 4.99‑megawatt battery energy storage system (BESS) in Cramahe, Ont., has entered commercial operation. In a May 5 press release, PowerBank said that the project, known as BESS SFF 06, is operating at the site of an existing ground‑mounted solar facility and has begun revenue‑generating operations under a long‑term contract with Ontario’s Independent Electricity System Operator (IESO). The contract was awarded in Jul…

PowerBank’s 4.99MW Ontario battery storage project enters commercial operation

PowerBank Corporation has commissioned its 4.99MW BESS SFF 06 battery energy storage project in Cramahe, Ontario, under a 22-year IESO contract paying $1,221/MW per business day — above the E-LT1 [...] The post PowerBank’s 4.99MW Ontario battery storage project enters commercial operation appeared first on Electric & Hybrid Vehicle Technology International.