Amaresco and Atura Power have formed a joint venture (JV) for the development of a battery energy storage system (BESS) project in Ontario, Canada. Called Napanee BESS, the facility will have a capacity of 250MW/1,000MWh.
The Independent Electricity System Operator (IESO) of Canada will establish a 20-year capacity agreement with the JV developer while also acquiring 10.1% of the plant.
Amaresco will handle the engineering and construction (E&C) aspects of the Napanee project. Under its partnership with Atura Power, the company expects to add more BESS initiatives in Ontario to its pipeline.
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