KORE Power, Inc., the nation’s leading U.S.-based developer of battery cell technology for the energy storage and clean energy industry, announces that Northern Reliability, Inc. (NRI) has selected KORE’s battery systems for a project at Vermont Electric Power Company’s (VELCO) headquarters in Rutland, Vermont. The Pinnacle Ridge Solar and Storage Project will include 1.2 MWh of battery capacity to store power from a 500-kW solar installation. VELCO can then draw this energy instead of grid power during times of high-priced, peak system demand to reduce electric costs and increase electric grid stability.
NRI will construct the project along with fellow Vermont renewable energy leader Catamount Solar of Randolph. Having designed and deployed more than 1,000 energy storage systems worldwide, NRI is one of the most experienced engineering, procurement and construction teams in the renewable energy and energy storage industry. The battery systems provided by KORE will ensure clean, efficient and reliable energy.
“NRI has served the United States government and military, the scientific community, the utility sector and private institutions with solar and energy storage solutions,” said Lindsay Gorrill, CEO of KORE Power. “Now, the fact that this global leader has chosen our technology for this project in its own back yard—where reputations can matter most—is a testament to NRI’s faith in our American-manufactured technology. We look forward to helping VELCO benefit from renewable power and energy storage and are thankful for our partnership with NRI. We see many opportunities to continue working together to deliver a high-quality solution that guarantees reliability and stability.”
“Delivering the highest quality product to our valued utility customers is NRI’s first order of business and that begins with choosing the right component vendors. With nearly 50 years of experience in energy storage, NRI knows the importance of choosing the best possible products to be included in their solutions. NRI has selected KORE Power for the VELCO project not only because of the quality of their platform, but the team behind it. We’re looking forward not only to working with the KORE team on this initiative in Vermont, but on larger projects across North America,” said Jay Bellows, president and CEO of Northern Reliability, Inc.
VELCO is actively pursuing a wide range of initiatives to better leverage substations, radio sites and other assets across the state to stabilize rates, increase use of clean power, expand broadband connectivity and enhance grid reliability. Work on the Pinnacle Ridge Solar and Storage project is well underway and slated for completion by the end of 2020
About KORE Power:
KORE Power, Inc. (KORE) is headquartered in Coeur d’Alene, Idaho, with operations in Waterbury, Vermont, and Buckeye, Arizona. KORE is the leading U.S.-based developer of battery cell technology for the clean energy industry. With clients in energy storage, e-mobility, utility, industrial and mission-critical markets, KORE Power provides the backbone for decarbonization across the globe. As the first U.S.-based, American-owned, and fully integrated provider of cells, batteries, and solutions, KORE is uniquely positioned to serve these markets. Through the construction and operations of its large-scale battery cell manufacturing facility in the U.S., KORE is positioned to operate at 12 GWh per year capacity. The facility (the “KOREPlex”) will operate with net-zero carbon emissions through strategic partnerships and solar and storage co-generation.
KORE Power’s differentiated approach provides customers with direct access, unparalleled service, superior technology, and Tier 1 product availability. Focused on building sustainable communities, clean energy jobs, and green economic expansion, KORE Power is proud to offer a functional solution to real-world problems and fulfill market demand to deliver a zero-carbon future. The KOREPlex is expected to come to Buckeye, Arizona, and be the anchor to the development of the Sustainable Valley by the end of 2024. For more information, visit www.korepower.com.