SunEdison, Inc., the largest global renewable energy development company, today announced that it has signed a 10-year agreement with Ontario’s
“By integrating energy storage into their grid, the Ontario IESO gains access to a powerful new tool that has the potential to transform how it operates the power system,” said Tim Derrick, SunEdison’s general manager of Advanced Solutions. “Batteries can be used to reduce grid congestion, smooth out power flow from solar and wind sources, and may help the IESO defer or avoid expensive upgrades to the grid.”
“SunEdison’s energy storage project is one of several projects that will support reliability in Ontario by providing much needed quick response capacity and operational flexibility,” said Bruce Campbell, Ontario IESO’s president and chief executive officer. “We congratulate SunEdison on the success of their proposal and look forward to working with them to implement this project.”
SunEdison is working with flow battery technology leader Imergy to deliver the project. Imergy’s vanadium redox flow battery technology provides a cost effective and durable way to store energy for hours at a time.
SunEdison plans to start construction of the project during the first half of 2017, with completion targeted for later that year. Operation and maintenance of the battery systems will be performed by SunEdison Services, which provides global asset management, monitoring and reporting services.