BOSTON, Oct. 18, 2024 (GLOBE NEWSWIRE) — Elevate Renewables (“Elevate” or the “Company”), a leading battery storage development company is pleased to announce that its Innovative Inertia Project at the Devon Generating Station in Milford, CT. has been selected to receive $27.5 million in federal funding under the U.S. Department of Energy’s Grid Resilience and Innovation Partnerships (GRIP) Program.

Elevate Renewables Selected to Receive $27.5 Million in DOE Federal Funding for Innovative Use of Battery Energy Storage System Through “Green Sync” Inertia Project at Devon Generating Station in Milford, CT.