What are the dimensions and weight of the P1 NMC energy storage rack?
The P1 rack is 3’10” wide x 3’3” deep x 7’5” tall (1,163mm x 1,000mm x 2,260mm) and 6,173 lbs (2,800 kg)
What type of applications is the P1 NMC energy storage rack suitable for?
The P1 storage rack is ideal for a wide range of applications ranging from renewable power generation storage, to peak offsetting for commercial enterprises, autonomous microgrids, and transmission support for utility providers.
Is the energy storage rack scalable? Can additional units be added later?
Yes, the P1 rack is engineered to be deployed individually or integrated into multiple rack strings.
Will my project qualify for investment tax credits (ITC) and domestic content kickers in the US?
Yes, the Inflation Reduction Act modified the ITC and, importantly, expanded eligibility of the ITC to energy storage technology. The value of the ITC is 30% of the energy storage property’s cost if certain labor rules are met.
Additionally, there is a bonus ITC amount of 10% if certain domestic content rules are met. KORE is committed to supporting the domestic battery supply chain, and it is our intention to meet or exceed domestic content thresholds. Domestic content analyses are fact-specific and must be done at the project level. Contact us to explore tax credit specifics and how they could impact your project.
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