Swiss based energy storage provider Alevo Group has announced plans for the largest lithium-ion based energy storage deployment in the US.
The firm is set to provide 200MW of grid frequency regulation services to the wholesale power market through its GridBank energy storage systems (ESS).
The plans follow an announcement it had signed a joint operational agreement with energy services firm Customized Energy Solutions (CES) this week.
Alevo will work with CES’ emerging technologies team to deliver the 200MW of energy storage capacity to be distributed across its operational network.
Alevo’s Gridbank ESS uses banks of Li-ion cells in shipping containers, each with a 1MWh capability.
Judith Judson, director of emerging technologies at CES, said: “This is a critical juncture in the integration of battery storage into the market, transitioning from pilot projects to grid-scale commercially viable installations.
“Storage can provide huge value across the electric grid in terms of increased efficiency and reduced costs, but the challenge has been monetising the benefits.”
Last autumn the company, which was founded in 2009, announced it had raised around $1billion to support the development of its advanced battery technology.
The vertically-integrated manufacturer opened its $68.5million Victory Industrial Park facility in Concord, North Carolina last October with the aim of producing 40 GridBanks per month by July 2015.
The 3.5 million square foot plant is due to create 500 jobs rising to 2,500 skilled jobs within three years as manufacturing lines are added.
In January Alevo joined the Leadership Circle of the Energy Storage Association (ESA) to help define energy storage policy
Among ESA’s 11 members are East Penn Manufacturing, AES Energy Storage, SAFT and LG Chem.
ESA Vice Chair and Chairman elect, Jeff Gates joined Alevo as Director of Sales and Field Operations last month.
