The contract requires Canadian Solar to supply 4MW/2.76 megawatt/hour (MWh) of stationary on-grid bulk energy storage to Independent Electricity System Operator (IESO).
The solution will be used for ancillary services applications in Ontario by leveraging Canadian Solar’s project development knowledge in the country’s energy market.
IESO selected the project in a competitive application process that was finished in July 2014.
Canadian Solar will offer reactive power, voltage support and bulk energy storage services to the IESO utilizing stationary lithium battery technology.
The company will also provide operations and maintenance to IESO for three years.
Canadian Solar chairman and chief executive officer Shawn Qu said: "We are pleased to have been selected by the IESO on their energy storage project within Ontario.
"This marks a new milestone for Canadian Solar as we make further progress on our move forward from being a module manufacturer to becoming a total energy solution provider. We are now established as one of the industry’s fastest growing companies, with one of the largest project pipelines, while expanding our business model by adding bulk energy on-grid battery storage to our portfolio."
Ontario is planning to secure 50MW of energy storage by the end of 2014, of which the IESO needs to procure 35MW.
Image: Canadian Solar will provide 4MW of energy storage solution to support the electrical grid in Ontario. Photo: Courtesy of franky242/FreeDigitalPhotos.net.
