Repurposed Lincoln paper mill could become world’s largest energy storage system

PORTLAND PRESS HERALD • August 6, 2024

A one-time paper mill in Lincoln is slated to become the world’s largest energy storage system after the project won a $147 million federal grant, Gov. Janet Mills announced Tuesday. Mateo Jaramillo, chief executive officer and co-founder of Form Energy, a Somerville, Mass., energy storage technology and manufacturing company that’s a partner in the project, said the 85-megawatt multi-day battery system would have the most energy capacity of any battery system announced yet. Energy storage is increasingly important as wind and solar power projects replace fossil fuels.