What’s Happening: Our Next Energy (ONE), a Michigan-based energy storage technology company, has entered into an agreement with the State of West Virginia to establish its Aries Grid battery storage system manufacturing facility in Millwood. The facility will be located at the Berkshire Hathaway Energy Renewables (BHE Renewables) microgrid business site, using a 40,000 sq. ft. industrial building already situated on the Ravenswood site to assemble Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system capable of long-duration energy storage.
Why It Matters: The Aries Grid battery system manufacturing facility is expected to create jobs and generate investment in the area, contributing to the state’s growing role as a leader in the energy and manufacturing sectors. ONE’s collaboration with established businesses as well as the federal government will also result in economic growth, job creation, and energy production.
Key Points:
- ONE will build its Aries Grid battery storage system manufacturing facility in Millwood, West Virginia, using a 40,000 sq. ft. industrial building already located on the Ravenswood site.
- The facility is expected to be operational by 2025, with hiring set to start next year.
- The Aries Grid battery system is a lithium iron phosphate (LFP) utility-scale battery system capable of long-duration energy storage.
- The manufacturing facility is expected to create jobs and generate investment in the area.
- The facility will be located at the BHE Renewables microgrid business site, contributing to the state’s growing role as a leader in the energy and manufacturing sectors.
- The West Virginia Economic Development Authority is working with BHE Renewables to bring additional businesses to the site to take advantage of the prime manufacturing location and renewable energy infrastructure.
Bottom Line: The announcement of the Aries Grid battery manufacturing facility in West Virginia represents a significant step towards a carbon-free manufacturing future. The facility will create jobs and generate investment in the area, while the state’s growing role in the energy and manufacturing sectors will help to boost economic growth and create new opportunities for generations to come.
