Lockheed Martin Delivers Energy Storage Systems to Cypress Creek Renewables for Solar-Plus-Storage Projects - Mar 26, 2018
DALLAS, March 26, 2018 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Cypress Creek Renewables have commissioned 12 MWh of GridStar™ Lithium energy storage systems for 12 solar-plus-storage projects. The solar-plus-storage system will provide clean electricity to communities served by Brunswick Electric Membership Corporation (EMC) in southeastern North Carolina. Lockheed Martin's GridStar™ technology ensures that this power is rapidly dispatchable — a key benefit that allows Brunswick EMC to avoid peaking costs and pass the savings to its member-owners in Brunswick and Columbus Counties, as well as small areas of Robeson and Bladen Counties. "These projects provide solar energy to our members and compound the value by delivering it exactly when we need it," said Don Hughes, CEO/general manager of Brunswick EMC. "This collaboration will provide significant value to our members for years to come."