[CSBearing: Company's Products Already Applied in Tesla Vehicles]

Greenvolt Power has inaugurated the 200 MW Turośń Kościelna Battery Energy Storage Facility in Poland, with energy trading and optimization services to be provided by Entrix. The project is one of the largest operational battery storage facilities in Poland and represents a significant milestone for the country’s emerging storage market. Poland’s grid is undergoing rapid transformation as coal retirements accelerate and renewable targets tighten, creating urgent demand for flexible capacity. The Turośń Kościelna facility will provide frequency regulation, capacity, and energy arbitrage services to the Polish power market. Entrix’s involvement as optimizer highlights the growing role of specialized energy traders in maximizing BESS revenue stacks in European markets.

Aecon Group has executed an agreement with Ontario’s Independent Electricity System Operator (IESO) for the 150 MW / 1,200 MWh Simcoe energy storage project in Norfolk County, Ontario. The eight-hour duration project is among the longer-duration battery storage assets under development in Canada and is designed to provide capacity and energy shifting services to the Ontario grid. The IESO agreement provides revenue certainty through Ontario’s capacity market framework, addressing a key bankability challenge for Canadian storage developers. The Simcoe project reflects Ontario’s strategic emphasis on storage to manage nuclear baseload inflexibility and integrate growing renewable generation. Aecon’s execution of the agreement signals a firm commitment to delivery.

The Maryland Public Service Commission held a public hearing on Round 1 of the Next Generation Energy Act, reviewing four transmission-connected battery storage proposals totaling 1,240 MW. The projects include the 500 MW / 6-hour Oystercatcher Energy Storage Project, the 300 MW / 4-hour Fourth Quarter BESS Project, the 400 MW / 4-hour Chalk Point Storage Project, and the 40 MW / 4-hour Jade Meadow III Battery Storage Project. The Commission is expected to issue decisions on Energy Storage Capacity Credits by October 1, 2026. This proceeding represents one of the most significant state-level storage procurement processes in the U.S. this year and could establish precedent for how transmission-connected storage is valued and compensated in the PJM region.