Boralex has announced the 125MW Oxford Battery Energy Storage project in Canada has been selected by Ontario’s Independent Electricity Systems Operator (IESO) further to its Long-Term Request for Proposals.
The project adds to the developer’s existing battery energy storage portfolio which includes the 300MW Hagersville and the 80MW Tilbury developments, which were selected by the IESO in last year’s solicitation.
“With the selection of Oxford, Boralex consolidates its position as a leading developer in the battery storage technology in Ontario and across Canada,” said the developer’s executive vice president and general manager, North America, Hugues Girardin.
“I’m very proud of our team, who worked hand in hand with our long-standing partners to submit this high-quality project.”
The Oxford Battery Energy Storage Project is a 125MW, four-hour duration battery storage scheme located in the township of south-west Oxford, Ontario.
“This is major news for Boralex, its shareholders and all its stakeholders,” said the developer’s president and chief executive Patrick Decostre.
“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.
The developer said partnering with local indigenous communities remains a key priority to Boralex. As such, it has entered into a 50% partnership with Six Nations of the Grand River Development Corporation (SNGRDC) on the Oxford site.
“SNGRDC is excited about this addition to our growing energy portfolio, and we are pleased to be partnering with Boralex once again,” said its president and chief executive Matt Jamieson.
“It is promising to see industry leaders recognize the value and importance of Indigenous involvement in creative innovative energy solutions. We remain committed to creating a sustainable, equitable future for our own community and for generations to come.”