TPI to install 12 MW / 26 MWH Energy Storage System in Partnership with OECC & the City of Fayetteville

Today's Power Inc., a wholly owned subsidiary of Arkansas Electric Cooperatives Inc., announced today that it will be deploying two 6MW/13MWh lithium ion energy storage systems (ESS) in the City of Fayetteville, Arkansas. The systems, which will operate under a long term agreement between Today's Power and Ozark Electric Cooperative, are designed to assist in the integration of more renewable energy sources for the local cooperative and help to reduce the electric load during monthly and seasonal peak demand events. This load reduction results in savings for the local electric cooperative and helps to stabilize rates for consumers. Both energy storage systems are being placed on a portion of the grid which has large solar arrays with the intent of charging the lithium units purely from sunlight.