The Inflation Reduction Act or ‘IRA’, is turbocharging the buildout of domestic renewable energy solutions in the USA. Until recently, the focus on domestic battery production has been on EV’s. This is changing as the need for grid-scale energy storage projects is gaining momentum in North America. Pomega Energy Storage Technologies USA aims to be the first to market to provide it all, from LFP cells to turnkey energy storage solutions.
In this episode from May 2023, we are revisiting a conversation with Louis Caso - Vice President of Business Development at Pomega Energy Storage Technologies USA. Over the conversation, Quentin and Louis discuss:
- What demand looks like for stationary battery storage in the US and who is looking to integrate it?
- How the Inflation Reduction Act is turbocharging the US market.
- Pomega's strategy to differentiate by focusing exclusively on stationary energy storage.
- Insight into the enormity of building a project on the scale that Pomega intends.
- Pomega’s vision to bring start-to-finish battery production to the US.
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About our guest
Pomega is on a mission to be a leading manufacturer of vertically integrated LFP battery cell and energy storage systems in North America. From the individual LFP cells to turnkey BESS solutions - Pomega will provide start-to-finish energy storage products. Providing storage solutions, including products such as Lithium-Ion LFP Battery Cell, mobile substations, mobile hybrid storage systems and residential energy storage systems. To find out more about what Pomega are doing, head to their website.
About Modo Energy
Modo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.
Built for analysts, Modo helps the owners, operators, builders, and financiers of battery energy storage solutions understand the market - and make the most out of their assets. Modo’s paid plans serve more than 80% of battery storage owners and operators in Great Britain and ERCOT.
All of our podcasts are available to watch or listen to on the Modo Energy site. To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. Check out The Energy Academy, our video series of bite-sized chunks explaining how different battery energy storage systems work. For more information on BESS build out and the impact of the Infltion Reduction Act, check out our written research.