Leclanché has secured a $28.9 million order for a 53 MWh battery system to be installed in Ontario. It is part of an even bigger project, which is worth $45 million. This second part will provide ancillary services to the Independent Electricity System Operator for the Canadian provinces.
Swiss Export Risk Insurance (SERV) will provide access to a $6 million revolving credit insurance facility for Leclanché.
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