PowerBank Battery Storage Development Agreement Ontario

PowerBank Corporation has signed a development agreement to provide early services for a battery energy storage project in Ontario, targeting the Independent Electricity System Operator's LT2(c-2) procurement. The agreement includes a right of first refusal for the project’s EPC contract and aligns with Ontario's plan to expand energy storage to meet growing electricity demand.

This Wire brief sits within Fusion42's coverage of Clean Energy, and 3 sources have reported it.