Ontario and the federal government are investing in what they say will be the nation’s largest battery-powered energy storage project in Six Nations of the Grand River.
Deputy Prime Minister Chrystia Freeland said Ottawa will invest another $50 million in the Oneida Energy battery project in Ohsweken, Ontario.
Premier Doug Ford said the province has commissioned an Independent electricity System Operator to enter into a 20-year agreement with the project as part of efforts to increase the supply of clean energy.
According to Ford, the project will collect and store electricity during off-peak times when electricity demand is low, and return it when demand increases.
According to the prime minister, the project will start functioning in 2025 and will more than double the number of clean energy storage units.
Representatives of the six nations said they had invested in the project, which would provide economic returns and 97 percent of the workforce for construction.