Wire · technology
PowerBank targets Ontario's capacity procurement with new fee-for-service BESS development deal
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Fusion42 · 3 September 2026 · Fusion42 review
PowerBank has partnered to develop a fee-for-service battery energy storage system (BESS) to target Ontario's capacity procurement market. This approach shifts traditional capital expenditure models to an operational expenditure structure for energy storage deployment in the region.
This Wire brief sits within Fusion42's coverage of Clean Energy.
◆ ◆ The Wire takeaway
You can now enter Ontario's energy capacity market without heavy upfront investment by adopting fee-for-service battery storage. This model opens a new route to market where you sell energy availability as a service, changing how you pitch and finance storage projects.
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1 source · 3 Sep 2026
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