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

LinkedIn
Twitter
Reddit
Facebook
Email
One of the 12 completed Cypress Creek projects, with Lockheed Martin’s energy storage solution on the right. Image: Lockheed Martin / 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

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The electric cooperative has 94,390 meters in place and around 160 employees, with only around 13 consumers per mile of line, according to its figures. Adding solar-plus-storage at communities in Brunswick, Columbus, Robeson and Bladen Counties, North Carolina, will reduce peak electricity costs and create dispatchable solar resources.

Totalling 12MWh, the projects were first reported by Energy-Storage.News last summer as work began, when original developer United Renewable Energy (URE) signed PPAs with the co-op. Cypress Creek since acquired them from URE.

“This collaboration will provide significant value to our members for years to come,” CEO and general manager of Brunswick EMC corporation Don Hughes said.

Lockheed Martin began its push into stationary energy storage for grid and renewables applications in mid-2016, with company representatives telling Energy-Storage.News at the time that this marked a long-term investment in energy storage. This later included the commercial launch of flow battery products at the beginning of this year.

GridStar lithium is certified to UL 9540 product safety standards, is modular from 100kW to multi-megawatt applications and are delivered by Lockheed with batteries, controls software and balance of system components.

Despite Cypress Creek’s prolific last couple of years in PV plant development, this 12MWh tranche of projects marks the company’s first foray into solar-plus-storage, with the company undertaking development, construction, financing and commissioning. 

26 March 2025
Dallas, Texas
The Energy Storage Summit USA is the only place where you are guaranteed to meet all the most important investors, developers, IPPs, RTOs and ISOs, policymakers, utilities, energy buyers, service providers, consultancies and technology providers in one room, to ensure that your deals get done as efficiently as possible. Book your ticket today to join us in 2025!
11 November 2025
San Diego, USA
The 2024 Summit included innovative new features including a ‘Crash Course in Battery Asset Management’, Ask-Me-Anything formats and debate-style sessions. You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more.

Read Next

March 21, 2025
California governor Gavin Newsom has taken steps to accelerate the 300MW Cornucopia Hybrid Project in Fresno County, California, US.
March 21, 2025
Utility and power generation firm Vistra will write down the value of its Moss Landing BESS to the tune of US$400 million in depreciation expense, its entire remaining book value.
March 20, 2025
Jupiter Power and Recurrent Energy have secured a combined US$469 million financing for BESS projects in Michigan and Texas, US totalling 1GWh.
Premium
March 20, 2025
Trump’s budget reconciliation bill looks like it could take aim at the current tax credits for downstream clean energy projects, and Clean Energy Associates’ base case is that they will be phased out by the end of the year.
March 20, 2025
Some 2.5GW of BESS projects in the UK have won contracts across the T-1 and T-4 capacity markets (CM), announced in a week which also saw project financings worth a combined c.£1 billion, including from Zenobē, Constantine and Quinbrook.

Most Popular

Email Newsletter