A British energy company called Highview Power Storage, along with Encore Renewable Energy, a developer of renewable energy generation and storage projects, say they plan to build the United States’ first liquid air energy storage system somewhere in “northern Vermont”. This facility will be “a minimum of 50MW, provide in excess of eight hours of storage (400MWh).”

Highview will co-develop the long-duration energy storage project with Encore Renewable Energy, a Vermont-based clean energy developer with a history of reclaiming real estate landfills, brownfields, rooftops and carports for community-scale solar PV and large-scale energy storage systems.

Highview Power Storage Inc announced today that, alongside renewables developer Encore Renewable Energy, it will install a liquid air energy storage system with a capacity of at least 50 MW in the US state of Vermont.

Highview Power Storage and Encore Renewable Energy are to build a 50MW liquid air energy storage system in the US state of Vermont.

The facility, which the partners said will be the first utility-scale liquid air energy storage system in the country, will provide over eight hours of storage.

It will contribute to resolving longstanding energy transmission challenges surrounding the Vermont’s Sheffield-Highgate Export Interface (SHEI) and enable the efficient transport and integration of renewable energy, the two companies said.

The first liquid-air energy storage (LAES) plant in the US — a 50MW-plus “cryobattery” with eight hours of storage (400MWh) — is to be built in the state of Vermont by the technology’s pioneer, Highview Power, and developer Encore Renewable Energy.

The patented technology offers “a unique, cost effective solution for unleashing a greater amount of cost-efficient renewable energy generation in transmission constrained areas,” Encore Renewable Energy Founder and CEO Chad Farrell said in a statement.

"Highview Power Storage, Inc., a global leader in long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, today jointly announced plans to develop the United States’ first long duration, liquid air energy storage system.”

Highview Power Storage, Inc., a global leader in long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, today jointly announced plans to develop the United States’ first long duration, liquid air energy storage system. This facility will be a minimum of 50MW, provide in excess of eight hours of storage (400MWh) and will be located in northern Vermont.

Clean energy producers voiced dismay on Tuesday at a U.S. spending bill, saying it fell far short of what wind companies and solar developers had hoped for.

Under the bill, which passed the U.S. House of Representatives on Tuesday, wind companies will get just one more year to land a big subsidy, while solar developers lost out in their bid to extend another key tax credit.

The Federal Reserve's July 31 rate cut has possibly furnished regulated utility stocks with justification for share prices previously considered inflated, with equities continuing to perform well in the first month following the shift in U.S. monetary policy.

Through a wholly-owned subsidiary, Greenbacker Renewable Energy Comapny  LLC  signed the rights to purchase a 27.7 MWdc, 14 project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with Encore to support safe harbor efforts ahead of the investment tax credit (ITC) phasedown scheduled for the end of the year.

New York-based Greenbacker Renewable Energy Corp has agreed to acquire a 19-MW ready-to-be-built solar project in Michigan.

Earlier this week, the company unveiled an agreement to buy a 27.7-MW solar project portfolio in Vermont from Encore Renewable Energy. All 14 projects in it are expected to be commissioned over the next 12 months.

Greenbacker Renewable Energy Company LLC (Greenbacker) announced today that, through a wholly-owned subsidiary, it signed the rights to purchase a 27.7 MWdc, 14 project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with Encore to support safe harbor efforts ahead of the investment tax credit (ITC) phasedown scheduled for the end of the year.

Greenbacker Renewable Energy Company announced that, through a wholly-owned subsidiary, it signed the rights to purchase a 27.7-MWDC, 14-project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with Encore to support safe harbor efforts ahead of the investment tax credit (ITC) phase-down scheduled for the end of the year.

In Vermont and across the country, many businesses, institutions and communities are recognizing the benefits that the sun can have on their bottom lines. In fact, our company Encore Renewable Energy, which specializes in the origination, development, financing and construction of community scale solar energy generation projects, has worked with dozens of businesses, schools, hospitals, utilities and municipalities across our state to give them an energy solution that is affordable, reliable, and good for the environment.

In Vermont and across the country, many businesses, institutions and communities are recognizing the benefits that the sun can have on their bottom lines. In fact, our company Encore Renewable Energy, which specializes in the origination, development, financing and construction of community scale solar energy generation projects, has worked with dozens of businesses, schools, hospitals, utilities and municipalities across our state to give them an energy solution that is affordable, reliable, and good for the environment.