Minopoli, a 30 year industry veteran, to focus on driving development of cryogenic energy storage projects in eastern US market
NEW YORK & LONDON–(BUSINESS WIRE)–Highview Power, a global leader in long-duration energy storage solutions, is pleased to announce that it has appointed Salvatore Minopoli as Vice President of Highview Power USA where he will focus on driving the development of projects in the eastern U.S. market.
Mr. Minopoli, most recently at Wärtsilä as the General Manager of Power Origination & Project Development, brings over 30 years of U.S. energy industry experience to the Highview Power executive team, including extensive development and execution of utility-scale projects in both regulated and merchant energy markets.
President and CEO of Highview Power, Javier Cavada, said, “We could not be happier to welcome Salvatore to the Highview Power team. His reputation and experience in the U.S. will be a great help to deliver our growing pipeline of projects in the United States.”
Mr. Minopoli’s career includes leadership positions at Wärtsilä, Southern Company, NextERA, and Dominion. Much of his experience has been with large and complex engineering, procurement, and construction (EPC) projects, which is consistent with Highview Power’s project development approach.
“Not only does Highview Power have the technology to help deliver a world powered by 100% renewable energy, but also an extremely talented team. I’m delighted to be joining such an experienced and visionary group of energy industry professionals,” said Minopoli.
The energy storage market is expected to reach 2,850GWh by 2040, requiring $662 billion of investment, according to BloombergNEF (BNEF). With four different giga-scale projects announced thus far in the United States, and more in the pipeline, the market presents a unique opportunity for Highview Power to rapidly deploy its cryogenic energy storage system.
Highview Power’s CRYOBattery™ provides the only freely locatable energy storage solution on the market today that delivers clean, reliable, and cost-efficient long-duration energy storage with grid synchronous inertia. It can store energy for weeks, instead of hours or days, and at $140/MWh, the CRYOBattery™ offers the lowest levelized cost of storage for large-scale applications.
About Highview Power
Highview Power is a designer and developer of the CRYOBattery™, a proprietary cryogenic energy storage system that delivers reliable and cost-effective long-duration energy storage to enable a 100% renewable energy future. Its proprietary technology uses liquid air as the storage medium and can deliver anywhere from 25 MW/100 MWh to more than 200 MW/1.2 GWh of energy and has a lifespan of 30 to 40 years. Developed using proven components from mature industries, it delivers pumped-hydro capabilities without geographical constraints and can be configured to convert waste heat and cold to power. For more information, please visit: http://www.highviewpower.com.
Wendy Prabhu, Mercom Communications
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