Neoen awarded capacity contract for 1,600MWh Ontario BESS through LT2 procurement

July 1, 2026

Announced 23 June, Ontario’s Independent Electricity System Operator (IESO) awarded Neoen with the contract for 190MW/1,520MWh of energy storage, as part of its Second Long-Term Request for Proposals (LT2), which is fulfilled by the 1,600MWh battery energy storage system (BESS) project. Image: Neoen.

French independent power producer (IPP) Neoen has been awarded a 20-year capacity services contract for its 200MW/1,600MWh energy storage project in Ontario.

Ontario’s Independent Electricity System Operator (IESO) awarded Neoen with the contract for 190MW/1,520MWh of energy storage, as part of its Second Long-Term Request for Proposals (LT2), which is fulfilled by the 1,600MWh battery energy storage system (BESS) project.

It was earlier in June that the IESO announced the results of the LT2 procurement, securing 640MW of new capacity through three projects selected under the capacity stream. Though then it didn’t reveal the winning projects.