Lightshift Energy
Utility-scale energy storage development.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $40.0m | Debt | |
| Total Funding | 000k | ||
Delorean Power is a development company that specializes in utility-scale energy storage. They provide innovative standalone storage solutions that not only save costs but also enhance power system reliability. Their primary clients include utilities, large electric consumers, municipalities, and rural electric cooperatives. They operate in the energy market, specifically in the energy storage sector.
Their business model revolves around working closely with their partners to bring new investments in advanced energy storage technology to the communities they serve. They generate revenue by providing these energy storage solutions, which offer higher quality and lower cost electricity compared to traditional fossil-fuel generation.
One of the key benefits of Delorean Power's energy storage is its ability to discharge electricity instantaneously, providing more efficient power supply during peak demand times. This efficiency is achieved at a lower cost, making it a more economical choice for their clients.
Another significant advantage is improved grid resilience. During outages or severe weather events, their energy storage can switch into 'islanding mode' to provide continuous power to at-risk customers, critical infrastructure, or emergency operations. This feature, coupled with zero water requirements and emissions, makes their energy storage a more sustainable and reliable alternative to fossil fuels.
Delorean Power's energy storage also facilitates the integration of renewable energy sources. It helps manage supply challenges that come with increased wind and solar power generation by allowing electricity supply to be shifted to when it's needed most.
In summary, Delorean Power is a forward-thinking company that offers cost-effective, reliable, and sustainable energy storage solutions.
Keywords: Energy Storage, Utility-Scale, Standalone Storage Solutions, Cost-Saving, Power System Reliability, Grid Resilience, Zero Emissions, Renewable Energy Integration, Instantaneous Electricity Discharge, Sustainable.