September 26, 2018 Key Capture Energy Breaks Ground in Saratoga County on New York’s Largest Lithium-Ion Battery Storage Project
KCE worked with the Saratoga County Prosperity Partnership on initiative that addresses the needs of advanced technology companies and promotes economic and job growth in Saratoga County
SARATOGA SPRINGS (September 26, 2018) – Key Capture Energy held a groundbreaking ceremony today for its KCE NY 1 facility, which represents the commencement of construction on the project. The KCE NY 1 facility is a 20 megawatt (MW) utility-scale battery storage project, located at the Luther Forest Technology Campus in Saratoga County, New York.
The project is the largest lithium-ion battery storage project in New York State and supports Governor Cuomo’s commitment for the state to reach 1,500 MW of energy storage by 2025. In addition to enabling the creation of 25 construction jobs and 9 full-time positions, the facility will provide clean energy to enhance power grid performance and reliability, addressing the needs of advanced technology companies and promoting economic and job growth in Saratoga County.
“We are glad to initiate construction of our KCE NY 1 project,” said Dan Fitzgerald, Chief Development Officer of Key Capture Energy. “We are fully committed to supporting the Governor’s vision for an aggressive Clean Energy Standard, as well as to bringing local jobs and energy storage solutions to New York State, starting right here in Saratoga County. We thank the Town of Stillwater, Saratoga County, Luther Forest Technology Campus, the Saratoga County Prosperity Partnership, the Mechanicville-Stillwater Industrial Development Agency, NYISO, and NYSEG for their support and collaboration to help move this important project forward.”
Key Capture Energy worked with the Saratoga County Prosperity Partnership, the county’s designated economic development agency, to secure incentives to enable the project to move forward. Saratoga Partnership President Marty Vanags said, “We congratulate Key Capture Energy as it launches construction of this next-generation facility, which represents a significant investment in the economic, energy, and environmental future of Saratoga County. We are delighted to have assisted the company in advancing this important clean-energy project, and especially pleased to be leading the first development on the Luther Forest Technology Campus since GLOBALFOUNDRIES.”
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Construction underway on state’s largest lithium-ion battery storage project, Spectrum News, 9.26.18
Malta tech project to help keep the lights on, WNYT.com, 9.26.18
Battery project at Luther Forest in Malta kicks off, Times Union, 9.26.18
Key Capture Energy breaks ground on storage project, Saratogian, 9.26.18