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Invenergy’s Grand Ridge Battery Storage Facility Wins 2015 Innovation Award

Chicago-based clean energy company receives 2015 Centralized Storage Project of the Year from Energy Storage North America (ESNA)

CHICAGO (Oct. 15, 2015) – Invenergy LLC (“Invenergy”), a leader in innovative energy storage solutions, today received Energy Storage North America’s (ESNA) 2015 Innovation Award for Centralized Storage. Invenergy received the award for its Grand Ridge Battery Storage Facility in Illinois. ESNA is the largest and most influential gathering of policy, technology and market leaders in energy storage and the conference’s Innovation Awards recognize excellence in installed energy storage projects across three categories: Centralized Storage, Distributed Storage and Mobility.

Project nominations underwent a rigorous review process that factored in key industry priorities including customer value proposition, project impact, services supplied to the grid, financing model, ownership model, technology and safety.

“We are honored to receive this award as it highlights Invenergy's leadership in developing and operating innovative storage solutions,” said Kris Zadlo, Senior Vice President of Regulatory Affairs, Storage, and Transmission at Invenergy. “We are just starting to scratch the surface of what advanced energy storage can provide for the grid and we are tremendously excited for what the future holds.”

Invenergy’s Grand Ridge Storage Facility was also recently named a finalist for Best Renewable Project by Power Engineering and Renewable Energy World Magazines. Winners will be announced in December.

With a 31.5 MW power rating, Invenergy’s Grand Ridge Energy Storage, located in LaSalle County, Illinois, is the second-largest lithium project in the world. The project began commercial operation in May and utilizes BYD America’s Containerized Energy Storage System. Grand Ridge is the largest renewable energy center in the world with wind, solar and advanced-energy storage in one location. In addition to the 31.5 MW storage unit, Grand Ridge houses a 210 MW wind farm; a 20 MW solar project; and a second, 1.5 MW energy storage project.

Later this year, Invenergy expects to start commercial operation of its Beech Ridge Storage Facility in West Virginia. The facility will house 31.5 MW of battery storage, complementing the existing 100.5 MW of existing wind energy. The Beech Ridge facility will bring Invenergy’s total operating storage capacity to more than 64.5 MW.

About Invenergy

Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas, and Europe. Invenergy is committed to continued innovation in clean power solutions. Invenergy's home office is located in Chicago and it has regional development offices in the United States, Canada, Mexico, Japan, and Europe.

Invenergy and its affiliated companies have developed more than 9,100 MW of projects that are in operation, in construction, or under contract, including 76 wind, solar, and natural gas-fueled power generation projects and energy storage facilities. For more information, please visit www.invenergyllc.com.