EPAL, a joint venture between Indian state-owned Energy Efficiency Services and UK-based EnergyPro, is investing $12 million in a nearly completed battery storage project in Ontario, Canada, known as Basin 1 and 2.
The project, built and owned by Leclanché and development partner Deltro Energy, is the first utility scale energy storage facility designed to balance the Ontario power grid, with a total investment of approximately $25 million.
Saurabh Kumar, Managing Director, EESL, and Chairman of subsidiary EPAL, said of the project, "We are delighted to partner with Leclanché. It has been our constant endeavor to make future-ready technology solutions accessible. With a focus on long, low-carbon initiatives globally, we have partnered with the world's leading battery storage solution provider. We are confident that this partnership will help bring a new era of clean energy solutions for the world."
The lithium battery storage project is expected to improve stability on Canada's largest transmission grid by managing unbalanced supply-demand situations. The project will provide services to the Independent Energy Systems Operator (IESO) that oversees and manages Ontario’s power grid, and is interconnected to Toronto Hydro, the largest municipal electricity distribution company in Canada.
The Indian government recently launched an investment program in new energy, both domestically and overseas, of which the investment in the Leclanché and Deltro Project forms a part.
"Working together with EESL on this project has highlighted some unique synergies between the companies," said Anil Srivastava, Leclanché CEO. "We are exploring many additional ways to integrate Leclanché's advanced lithium battery solutions into stationary storage systems as well as new mobility applications such as EV charging stations, full-electric buses and urban transportation systems."