Tesla Powerwall Battery Project on Nantucket Receives $1.25M in Grant Funding

National Grid sponsored and supported projects throughout Massachusetts recently received over $4.5 million in energy storage grant funding, including one on Nantucket.In a partnership with the town Tesla was awarded $1.25 million from the Massachusetts Clean Energy Center to fund a 2.5MW/6.75MWh lithium ion battery energy storage project.

Massachusetts awards $20 million for energy storage projects

The Baker-Polito Administration today awarded $20 million in grants to 26 projects that will develop the Commonwealth’s energy storage market and deliver benefits to Massachusetts ratepayers and the electrical grid. Recognizing the potential benefits energy storage holds for the Commonwealth, paired with the strength of submitted projects, the Administration doubled the available funding from the initial $10 million commitment. The awarded projects will benefit 25 communities and draw in $32 million in matching funds, helping to grow the Commonwealth’s energy storage economy

Baker administration awards $20m in grants for energy storage

The new Wynn casino in Everett will use a set of batteries from Tesla about the size of a hotel room to provide backup power. General Electric will deploy giant ice tanks to cool off its new headquarters building in Fort Point in the summer. And on Nantucket, 500 homes will get wall-mounted batteries that could stave off the need for a third power line to the island.