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NEWS

Lightshift (and Delorean) on the move

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.

Closeup of Lightshift battery storage
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