Company announces nearly $712 million project in Kentucky to make batteries used to store energy

  • 📰 Mynorthwest
  • ⏱ Reading Time:
  • 29 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 53%

Mynorthwest.Com - Seattle News News

Sports,Weather,Traffic

FRANKFORT, Ky. (AP) — A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store

FRANKFORT, Ky. — A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy, a process seen as increasingly important to help secure a reliable electric grid for the country, officials said Friday.

The batteries can keep a steady flow of power when sources like wind and solar are not producing. For example, when people are sleeping and thus using less electricity, the energy produced from wind blowing through the night can be stored in batteries — and used when demand is high during the day. “This is energy security for the United States,” the governor said. “It’s in our national security. And this company choosing to do it in Kentucky means we’re going to be a part of providing that security for the entire country’s infrastructure and in the grid.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 438. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Company announces nearly $712 million project in Kentucky to make batteries used to store energyA battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy.
Source: wjxt4 - 🏆 246. / 63 Read more »

Company announces nearly $712 million project in Kentucky to make batteries used to store energyA battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy.
Source: ksatnews - 🏆 442. / 53 Read more »