Lightening Grid Quebec (LGQ) has received environmental and construction authorization from the Quebec Ministry of the Environment to construct its advanced energy storage manufacturing and research facility located in the Ville de Shawinigan, Quebec.
The approved phase 1A facility, a part of LGQ's Phase 1 plan, will have an initial production capacity of 7 GWh with plans to reach 20 GWh gradually.
"The majority of construction is planned to be at full speed during 2024, and the construction process is expected to create hundreds of direct and indirect jobs,” said Guy Laliberte, Chief Operations Officer at LGQ. “Upon becoming operational, the facility will further contribute to the region's job growth and economic development."
LGQ's facility will deal with manufacturing battery packs, cells, and systems to serve critical energy, environmental, and security infrastructure needs in North America. The products will be differentiated based on their performance, safety, cost, and capacity.
While LGQ's estimated capital costs are less than $36.16 per GWh, or about half of the global industry average, the company’s large capacity cells deliver two to three times the production output within a typical building footprint providing greater energy efficiency, productivity, and manufacturing agility.
The company offers battery performances of 10,000 to 20,000 cycles, or up to one magnitude greater as compared to other energy storage systems, and charging time to full charge is about 3 to 5 minutes for large-scale systems.
While RBC Capital Markets and Societe Generale acted as advisors to LGQ, Broccolini Construction partnered with various professional services teams to create LGQ's preliminary design for Phase A of the project.
“Reseau Allege Québec's project in the Alice-Asselin industrial park is not only part of an ecosystem of innovative and creative businesses in Shawinigan, but also a larger network that is part of Quebec's Energy Transition Valley,” said Michel Angers, Mayor of Shawinigan. ”We await the realization of this project with great interest.”