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Delorean to build Massachusetts storage facility

October 25, 2023

Virginia-headquartered energy storage project developer Delorean Power LLC and Holden Municipal Light Department (HMLD), a municipally-owned utility, are to build a 5MW / 22MWh battery energy storage facility in the town of Holden, Massachusetts. 

The project will be owned and operated by Delorean and will serve HMLD and its customers.

The project is expected to be operational in October 2024.

Rory Jones, Delorean co-founder and managing partner, said: “We are excited to partner with HMLD on an innovative project that brings Holden to the forefront of one of the fastest growing and most fundamental sectors of tomorrow’s energy industry. At Delorean, our focus is on optimising the flexibility of energy storage with creative project structures and high-value sites that maximise benefits for our partners. HMLD has been a great collaborator, working hand in hand with our team to ensure the most impactful project and cost savings for Holden.”

HMLD general manager Barry Tupper added: “Holden Municipal Light Department’s mission is to continuously provide the citizens of Holden safe and reliable electricity at a reasonable and competitive rate. HMLD’s power portfolio is currently 60 per cent non-carbon emitting, including wind, solar, hydro, and nuclear generating assets. HMLD is currently ahead of the state-mandated Greenhouse Gas Emissions Standards for municipal light plants for 2030. With this project, HMLD is leading the way in environmental stewardship in a fiscally responsible manner. We are excited to add a battery storage system to our newly rebuilt Chaffins Substation to help us continue with our mission.”