NEWS
Lightshift on the move
August 14, 2024
Business Wire
Holden Municipal Light Department, Lightshift Energy and MMWEC Unveil Battery Storage Project in Holden, MA to Strengthen Community Energy Resilience
Holden Municipal Light Department (HMLD) and Lightshift Energy, a leading energy storage project developer, owner and operator, hosted a ribbon-cutting ceremony on Monday to celebrate the completion of Lightshift’s newest battery storage project in Holden, Massachusetts, which will serve HMLD and its customers.
July 16, 2024
Business Wire
Lightshift Energy Backs Two Initiatives that Give Clean Energy Buyers New Avenues to Meet Clean Energy and Climate Targets
Lightshift Energy, a leading energy storage project developer, owner, and operator, today announced its participation in two initiatives that provide critical pathways to granular energy attribute and emissions accounting: the creation of the Power Emissions Certificates Alliance (PECA) and the signing of the United Nations 24/7 Carbon-Free Energy Compact. Both initiatives are designed to help organizations meet their clean energy and climate targets by focusing on the link between time- and location-based energy use, clean energy generation, and carbon emissions.
May 13, 2024
Public Power Now
Public Power Now Podcast: Benefits of Mass. Grid-Scale Storage Program Detailed by MMWEC, Lightshift Energy
In the latest episode of Public Power Now, Rory Jones, Co-Founder and Managing Partner at Lightshift Energy, and Jason Viadero, Director of Engineering and Generation Assets at Massachusetts Municipal Wholesale Electric Company, discuss a recently announced program under which MMWEC has selected Lightshift as its exclusive partner to deploy the state’s first jointly implemented fleet of grid-scale battery energy storage systems. Among other things, they detail how MMWEC and its member public power communities will benefit from the program.
May 2, 2024
Business Wire
Massachusetts Municipal Wholesale Electric Company (MMWEC) Partners with Lightshift Energy to Pioneer Community-Based Energy Storage at Scale
The first-in-kind energy storage deployment will lower utility costs by approximately $200 million, while improving resilience and sustainability at community and state levels
May 2, 2024
Latitude Media
Amid capacity constraints, Massachusetts munis get serious about batteries
Michael Herbert speaks with Latitude Media to talk about the first-of-a-kind program announced this morning, energy storage company Lightshift Energy will deploy a fleet of grid-scale battery systems across at least nine Massachusetts utilities.
April 16, 2024
Business Wire
Lightshift Energy Appoints Robert Greskowiak as New Chief Commercial Officer
Leveraging nearly two decades of experience at Invenergy, E.ON and PricewaterhouseCoopers, Greskowiak brings valuable customer origination, strategic market development and analytical experience to Lightshift.
March 28, 2024
Business Wire
Lightshift Energy Raises $100 Million From Greenbacker Capital Management to Expand Utility Scale Battery Storage Across North America
Lightshift Energy announced capital infusions totaling $100M from Greenbacker Capital Management LLC.
December 19, 2023
Public Power
Delorean Power, Paxton Municipal Light Department Unveil Energy Storage Project
Scheduled to be operational in 2024, the 3-megawatt/9-megawatt-hour energy storage facility “is designed to shield PMLD customers from escalating capacity and transmission costs that are a major contributor to rising electricity rates.”
November 14, 2023
Energy Storage News
Around the states: distribution-level battery storage aids electricity suppliers in Northeast US
Delorean Power co-founder and managing partner Rory Jones claimed the projects will “deliver major financial savings to the community of Groton in the range of ten million dollars” over their lifetime.
November 8, 2023
GlobeNewswire
Delorean Power and Groton Electric Light Department partner on two battery energy storage projects
Delorean and Groton Electric Light Department to develop two energy storage assets set to deliver cost savings to ratepayers, including an innovative resilience project that will provide sustainable backup power to an elementary school.
October 21, 2023
Worcester Telegram
Battery storage in Holden: Could it also save big bucks
Holden is where Virginia-based Delorean Power LLC is building its first battery storage unit in Massachusetts. The goal is big reductions in electricity bills for Holden residents and businesses while delivering more energy efficient power that benefits the environment.
October 12, 2023
GlobeNewswire
Delorean Power and Holden Municipal Light Department partner on battery energy storage project
Dynamic energy storage project will mitigate peak system demand and provide at least $10 million in cost savings to Holden Municipal Light Department customers.
May 26, 2023
The Virginian-Pilot
Proposed battery storage facility heads to Hampton City Council; project could benefit power grid for 15 years
The commission approved recommending the 29-megawatt battery storage facility during its May 18 meeting. The facility, which would be located in the Langley Research & Development Park, stores electrical power in large lithium-ion battery cells.
October 25, 2022
City of Danville
Ribbon cutting held for battery storage project
State and local officials gathered Tuesday to hold a ribbon cutting for Danville Utilities’ new battery energy storage system, which was recently energized. The pilot project is one of several initiatives that Danville Utilities has undertaken to offset some of the volatility of the energy market.
January 10, 2022
GlobeNewswire
Delorean Power announces investment from Greenbacker Capital
The growth investment from Greenbacker, a leader in sustainable infrastructure investment, will allow Delorean to further scale its platform while continuing to execute and expand on its existing pipeline of energy storage projects.