Exro Technologies Inc T.EXRO

EPC Contracts Awarded For Ontario's Battery Energy Storage

[JohnnyUtah44]

...Exro needs to step up their game and Stop "Hoping" for POs....

†*****Oct 11, 2023...benzinga.....GFFA...SolarBank”) achieved a key milestone by securing approval from the Ontario Independent Electricity System Operator (IESO) for the implementation of three battery storage projects and subsequently secured an engineering, procurement and construction (EPC) contract for their construction.

This significant development marks SolarBank's entry into the battery energy storage industry in Ontario. SolarBank collaborated with the owners of these projects to successfully secure the contract through the IESO's Expedited Long-Term 1 (E-LT1) Reliability Procurement process.

The company, headquartered in Toronto, just announced its latest milestone related to these projects in the form of three EPC contracts for their construction. These contracts, which were finalized on October 3, 2023, involve the engineering, procurement and construction of three separate battery energy storage system (BESS) projects. The total value of these contracts is $36 million – representing a major win for the company.

The projects are collectively owned by Solar Flow-Through Funds, two First Nations communities and a third-party developer based in Ontario,

[SIMPLICITI1]

Johnny,  So much for the trying to do better! Do you really believe they are sitting on their hands and hoping? You should have a strong enough command of the English language to improve...... but I suppose that is in keeping with your "critical" form.