February 6, 2020: Lincoln Park, a subsidiary of GlidePath Power Solutions, announced in December it had signed a contract with NYSERDA (the New York State Energy Research and Development Authority) to install a 20MW storage project in the town of Ulster.
The project will replace previously planned projects that would have used fossil fuels to generate power for the local community, the announcement said.
“Advancing energy storage installations across the state enables more renewables to be integrated into our electric grid,” said president and CEO Alicia Barton.
“We will continue to forge partnerships with stakeholders such as GlidePath to further grow the rapidly expanding energy storage sector and our green economy.”
Originally proposed in 2018, the design of the facility included a natural gas-powered peaking plant, but after concerns were raised in the community GlidePath announced plans to install a battery instead.
NYSERDA handed over $8.8 million under its market Acceleration Bridge Incentive Program, which provides incentives for bulk and retail storage projects.
This is part of a $405 million energy storage investment in the state to help accelerate industry growth and cut energy storage costs.
The New York Power Authority in December also committed $250 million for grid-scale energy storage projects.