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Neoen: major capacity contract in Ontario

( - Neoen announces that its subsidiary Shift Solar Inc.
has been awarded a 380 MW/4-hour capacity contract as part of a call for tenders issued by the Independent Electricity System Operator (IESO) in the Canadian province of Ontario.

The contract will be secured by Neoen's future battery, Grey Owl Storage, for 20 years from commissioning. It will provide IESO with additional storage capacity to meet the province's growing needs.

With a total capacity of 400 MW / 1600 MWh, Grey Owl Storage will be commissioned in early 2028. It will be the second largest battery in Canada, and the largest in the portfolio of Neoen, its owner and long-term operator.

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