Cypress Creek’s first solar-plus-storage projects take off with Lockheed’s lithium

March 27, 2018
Facebook
Twitter
LinkedIn
Reddit
Email
One of the 12 Cypress Creek projects which used Lockheed Martin's energy storage. Image: Lockheed Martin Energy / Cypress Creek.

Cypress Creek Renewables, which developed 1GW of PV projects in an 18-month stretch up to the beginning of this year, has used Lockheed Martin’s lithium-ion battery storage solutions in a dozen just-completed solar-plus-storage projects.

Executing PV projects primarily in North Carolina and announcing US$1.5 billion of investment for 2GW of solar in that state last November, Cypress Creek used the GridStar Lithium energy storage solution made by the US aerospace and defence giant for 12 projects in communities served by Brunswick Electric Membership Corporation.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

To read the full version of this story visit Energy-Storage.News

Read Next

October 23, 2025
Aviva Investors and Astatine have announced an €800 million (US$928 million) investment in renewable energy and decarbonisation solutions.
October 22, 2025
Recurrent Energy, Ampliform and Dimension Energy have announced new financing rounds this month for US solar projects.
October 22, 2025
Leeward Renewable Energy has started commercial operations at its 177MW Ridgely solar project in the US state of Tennessee.
October 21, 2025
Cypress Creek Renewables has achieved financial close on its 75MW Sundance solar-plus-storage project in Elbert County, Colorado.
October 20, 2025
Bahrainian authorities are inviting initial proposals from developers to build a 100MW solar project in the country, due for commercial operation by September 2027.
Premium
October 17, 2025
According to Ronak Maheshwari of CRC-IB, there has been a struggle for US renewable power projects to secure necessary equity .

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany
Solar Media Events
March 24, 2026
Lisbon, Portugal