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Will Massachusetts help Boston-power build a new energy storage facility?

Enabling energy storage to continue to flourish in Massachusetts, state officials are working closely with Boston-Power to pursue state and federal financial incentives that will help the company to fulfill its plans of building the Auburn facility.

What does Boston-power do?

The Company offers lithium-ion battery technology platforms including battery cells, blocks, and systems with energy density and wide operating temperature range for various market applications. Boston-Power serves transportation, utility energy storage, consumer electronics, and government market sectors worldwide.

How much money does Boston-power need?

With support from Massachusetts officials, Boston-Power is seeking approximately $100 million under the U.S. Department of Energy&rsquo ’s advanced battery and cell manufacturing grant program established as a part of the American Recovery and Reinvestment Act.

Where is Boston-power based?

Boston-Power is a global company with R&D centers in Westborough, Massachusetts, USA and Beijing, China, and mass manufacturing operations based in Asia. The company is funded by top-tier venture capital firms GSR Ventures, Foundation Asset Management and Oak Investment Partners.

How many jobs will Boston-power add to China?

Extending the mass manufacturing capabilities Boston-Power already operates in Greater China, the 455,000 square foot Auburn facility would add 600 new jobs at Boston-Power and as many as 2,000 more indirectly through the extended supply chain.

Could fourth power save money on long-term energy storage?

Fourth Power’s technology could bring down the costs of long-term energy storage. High tension power lines and solar panels at the Dhafra solar power plant near Abu Dhabi, United Arab Emirates. Fourth Power in looking to store energy generated by renewables as heat for hours to days.

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Boston-Power is a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules and systems. Designed to fuel a wide range of applications, its flagship …

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Boston-Power to build battery plant in Massachusetts

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About Boston Power. Boston Power specializes in battery design and manufacturing within the energy storage sector. It offers services in creating and assembling battery cells and packs, …

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Boston-Power is a leading developer and manufacturer of next-generation lithium-ion battery cells, blocks, modules and systems. Designed to fuel a wide range of applications, its...

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Boston-Power serves transportation, utility energy storage, consumer electronics, and government market sectors worldwide. Company profile page for Boston-Power Inc including …

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