ENERGY STORAGE

Potentia Renewables & Boralex among winners in Canadian storage procurement round

May 14, 2024

Potentia Renewables’ Skyview 2 Battery Energy Storage Project has been selected by Ontario’s Independent Electricity System Operator (IESO) – via its Long-Term Request for Proposals (LT1 RFP) procurement process – to provide 390MW of battery energy storage capacity to the Ontario grid.

The project is the largest battery energy storage project contracted to date in Canada.

The project is owned by a subsidiary of Potentia and the Algonquins of Pikwakanagan First Nation.

The Skyview 2 project, located in the Township of Edwardsburgh Cardinal, Ontario, received support from the local municipal council and will be operational in 2027.

Ben Greenhouse, CEO of Potentia Renewables, said: “We are thrilled to be at the forefront of transforming how energy is stored and utilized. This contract is not just a win for Potentia and its partners, the Algonquin of Pikwakanagan, but a leap forward for the industry in Canada. It reflects our commitment to innovation and our dedication to contributing to a sustainable future.”

In total, the IESO is offering contracts to 10 battery storage facilities totalling 1,784MW under LT1 RFP. The projects vary in size from 9MW to 390MW.

Other successful projects included Boralex’s 125MW Oxford Battery Energy Storage project. Patrick Decostre, president and CEO of Boralex, said: “This is major news for Boralex, its shareholders and all its stakeholders. The Oxford project will create long-term value while contributing to the resilience of Ontario’s power grid. With this announcement, which confirms Boralex’s role as a key player in renewable energy in Canada, we are making further progress toward our strategic objective of diversifying our asset portfolio by 2025 to integrate a significant portion of storage.”

Other companies to have BESS projects selected included Brookfield Renewable, Aypa Power and EDP. Full results below: