Current:Home > InvestSafeX Pro:New England’s largest energy storage facility to be built on former mill site in Maine -TradeWisdom
SafeX Pro:New England’s largest energy storage facility to be built on former mill site in Maine
Charles Langston View
Date:2025-04-08 04:07:00
LINCOLN,SafeX Pro Maine (AP) — The U.S. Department of Energy is providing a $147 million grant to support construction of an energy storage facility at a shuttered paper mill, holding enough wind- and solar-generated power to serve up to 85,000 homes.
The proposal calls for 85 megawatts of storage capacity — the largest in New England — on part of the 400-acre (162-hectare) site of the Lincoln pulp mill, which has been fully closed for nearly a decade.
“This investment will play an important role in revitalizing Lincoln, including the site of the former paper mill, providing new opportunities for rural Maine,” Democratic Gov. Janet Mills said Tuesday.
The facility would be built and operated by Massachusetts-based Form Energy, using an iron-air battery system that is touted as safe as well as affordable since it uses abundant iron and oxygen.
“Located at the site of a former paper mill in rural Maine, this iron-air battery system will have the most energy capacity of any battery system announced yet in the world,” said Mateo Jaramillo, company CEO and co-founder.
Energy storage is critical as the power grid becomes more dependent on solar and wind power by allowing electricity to be released to the grid at night and at times when there is no wind.
The funding is part of $2.2 billion that was announced for eight projects across 18 states. The energy storage project is part of the Power Up New England initiative that received $389 million.
veryGood! (855)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Man accused of hijacking bus in Atlanta charged with murder, other crimes
- Judge faces inquiry after Illinois attorney was kicked out of court and handcuffed to chair
- ICE arrests 8 with suspected ISIS ties
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Gabby Petito implored boyfriend who later killed her to stop calling her names, letter released by FBI shows
- Family of Texas man who died after altercation with jailers wants federal investigation
- Chace Crawford Confirms He’s Hooked Up With One of His Gossip Girl Co-Stars
- Global Warming Set the Stage for Los Angeles Fires
- Mentally ill man charged in Colorado Planned Parenthood shooting can be forcibly medicated
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- 3 people injured in shooting at Atlanta food court; suspect shot by off-duty officer
- What is paralytic shellfish poisoning? What to know about FDA warning, how many are sick.
- Sam Brown, Jacky Rosen win Nevada Senate primaries to set up November matchup
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Judges hear Elizabeth Holmes’ appeal of fraud conviction while she remains in Texas prison
- Off-duty guard charged with killing Seattle-area teen after mistaking toy for gun, authorities say
- Operations of the hotly contested East Coast natural gas pipeline can begin, regulators say
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Common releases new album tracklist, including feature from girlfriend Jennifer Hudson
Supermarket gunman’s lawyers say he should be exempt from the death penalty because he was 18
Pamela Smart accepts responsibility in husband's 1990 murder for first time
2 killed, 3 injured in shooting at makeshift club in Houston
Man accused of hijacking bus in Atlanta charged with murder, other crimes
Bravo's Tabatha Coffey Reveals Her Partner of 25 Years Died After Heartbreaking Health Struggles
With spending talks idling, North Carolina House to advance its own budget proposal