Ontario RPF: Boralex is the Leading Awardee, with Two Storage Projects Totaling 380 MW Selected
2023年5月17日 - 8:00PM
Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) today
announced that two storage projects, totaling 380 MW of nameplate
capacity, were selected by the Ontario Independent Electricity
System Operator (IESO) as part of its Expedited Long-Term Request
for Proposals. Boralex and its partners, Six Nations of the Grand
River and the Walpole Island First Nation, are currently finalizing
the terms of the contract with the IESO.
Boralex is pleased to be the leading awardee of
this request for proposals, as its two projects represent almost
half of the total capacity of 780 MW selected, and one of the two
projects – 300 MW Hagersville Battery Storage Park – is the largest
in terms of nameplate capacity to have been selected by the IESO.
The projects, once online, will be Boralex’s first storage
facilities in Canada.
Projects' Details
Once constructed, the projects will help meet
the energy capacity need identified by the IESO and will also
benefit the overall Ontario electricity system. Commercial
operation of these projects is planned for the end of 2025.
Hagersville Battery Energy Storage
Park is a 300 MW, four-hour duration battery storage
project near the Town of Hagersville, Haldimand County,
Ontario.
Tilbury Battery Storage Project
is an 80 MW, four-hour duration battery storage project near
existing Hydro One infrastructure in the Municipality of Lakeshore,
Ontario.
Boralex has partnered with the Six Nations of
the Grand River to develop the Hagersville Battery Energy Storage
Park and with the Walpole Island First Nation to develop the
Tilbury Battery Storage Project.
“Today’s announcement is another significant
milestone for Boralex as we look to expand our storage portfolio
and meet the growth and diversification objectives of our 2025
strategic plan,” said Patrick Decostre, President and Chief
Executive Officer of Boralex. “These projects will help
the province of Ontario meet its own energy capacity targets while
enabling greater renewable energy development and providing
stability to the province’s power system.”
“Patrick and I congratulate the team on their
efforts to bring clean, sustainable, reliable energy to the
residents of Ontario. Our strength is in our people, and their
creativity and dedication are leading us down a path of
unprecedented growth and success while helping to achieve national
and global climate objectives,” said Hugues Girardin,
Executive Vice President and General Manager, North
America.
“We are pleased to once again partner with
Boralex on this exciting new project,” said Matt Jamieson,
President/CEO of Six Nations of the Grand River Development
Corporation. “Boralex has maintained a positive working
relationship with our organization and understands the importance
of doing business with Indigenous communities. We are excited to
further expand our energy portfolio and are pleased to continue to
pursue a sustainable future for Six Nations and Ontario as a
whole.”
Prior to submitting both projects into the IESO
RFP, Boralex staff developed community engagement plans and met
regularly with local stakeholders to present the projects and
receive comments. Those discussions will continue until the end of
the development phase, then throughout the construction and
operation phases.
About Boralex
At Boralex, we have been providing affordable
renewable energy accessible to everyone for over 30 years. As
a leader in the Canadian market and France’s largest independent
producer of onshore wind power, we also have facilities in the
United States and development projects in the United Kingdom. Over
the past five years, our installed capacity has more than doubled
to over 3 GW. We are developing a portfolio of over 6 GW
in wind, solar projects and storage projects, guided by our values
and our corporate social responsibility (CSR) approach. Through
profitable and sustainable growth, Boralex is actively
participating in the fight against global warming. Thanks to our
fearlessness, our discipline, our expertise and our diversity, we
continue to be an industry leader. Boralex’s shares are listed on
the Toronto Stock Exchange under the ticker symbol BLX.
For more information, visit boralex.com or
sedar.com. Follow us on Facebook, Twitter, LinkedIn and
Instagram.
About Six Nations of the Grand River
Development Corporation
Six Nations of the Grand River Development
Corporation (SNGRDC) manages the Six Nations’ economic interests in
20 renewable energy projects and numerous economic development
opportunities in and around the Six Nations territory. SNGRDC’s
current green energy portfolio is capable of producing over 1300 MW
of renewable energy through its direct or indirect involvement in
seven solar and 13 wind projects. SNGRDC is located on the Six
Nations Reserve and employs an average of 110 employees through
Nation Enterprise or the administration of Economic Interests
projects. For more information, please visit www.sndevcorp.ca.
For more information
MEDIA |
INVESTOR RELATIONS |
Camille LaventureAdvisor, Public Affairs and
External Communications Boralex
Inc.438-883-8580camille.laventure@boralex.com |
Stéphane MilotVice President, Investor
RelationsBoralex
Inc.514-213-1045stephane.milot@boralex.com |
|
|
MEDIA – North America |
|
Darren SuarezVice President Public Affairs and
Communications, North AmericaBoralex
Inc.518-728-4187darren.suarez@boralex.com |
|
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