Enel unveils first Canadian energy storage project

By zaymalz malz

Leading Italian energy manufacturing and distribution company Enel has announced that it has launched its first energy storage project based in Canada.

Enel signed an agreement with Ontario-based Apple company Algoma Orchards that will look to use the 1MW lithium ion battery storage system to optimise its battery usage during peak hours, allowing the company to benefit from significant energy savings.

See also:

“The agreement we have just signed demonstrates the value of deploying flexible energy assets like battery storage systems to drive savings for C&I customers and improve the sustainability and reliability of the electricity grid for all consumers,” said Francesco Venturini, Head of Enel X. 

By Enel deploying its DEN.OS software to power the battery, enabling Algoma Orchards to better participate in Ontario’s demand response programme – an initiative aimed at helping Canadian companies to better manage their electricity costs.

“As battery costs continue to decline, we look forward to developing many more projects like the one at Algoma Orchards that leverage our best-in-class DEN.OS optimisation software to deliver savings for customers through tailored commercial offerings,” Venturini continued.

The agreement will see Enel purchasing, installing and operating the battery storage system on behalf of Algoma Orchards.

“The additional energy storage system is going to assist us in reducing our carbon footprint, something that all of our employees are proud of,” said Kirk Kemp, President and Algoma Orchards.

Share

Featured Articles

Hema Gokal: leading the Salesforce women's equality strategy

Always passionate about giving women a seat at the table, Hema Gokal is now spearheading Salesforce’s innovative new global female equality strategy

Top 10 cybersecurity specialists in the US

As cyber attacks grow in frequency and become increasingly sophisticated, Business Chief looks at the top 10 cybersecurity specialists in the US.

Silicon Valley Bank collapse: How did we get here?

US authorities have stepped in to protect all Silicon Valley Bank customers following the second-largest bank failure in the country's history

Top 10 best new leadership books by women to read in 2023

Leadership & Strategy

Eight of the best business leadership podcasts

Leadership & Strategy

CEO John Pagano, leading Saudi Arabia's Red Sea Global

Leadership & Strategy