West Virginia Executive Spring 2023 | Seite 92

Federal and state leaders break ground in March for ONE ’ s Aries Grid Factory in Jackson County , WV .
titanium melt facility . The new plant , which will operate under the PCC subsidiary Titanium Metals Corporation , Inc . ( TIMET ), will employ approximately 200 people and expects to use 100 % renewable energy to manufacture titanium products for aerospace and other industries .
To ensure access to solar energy even when the sun doesn ’ t shine , BHE Renewables has selected ONE — Our Next Energy , Inc .— as its partner for large-scale battery storage . BHE Renewables is purchasing the land from the West Virginia Economic Development Authority and will work with the West Virginia Economic Development Authority to bring additional businesses to the site to benefit from the prime manufacturing location and renewable energy infrastructure .
“ We ’ re proud to deliver this new sustainable energy solution for PCC , their customers and the people of Jackson
County ,” says BHE Renewables President and CEO Alicia Knapp . “ Thanks to the collaboration with local , state and federal leaders and our partnership with PCC and ONE , we are demonstrating how renewable energy can be a catalyst for economic growth and bring new manufacturing jobs to West Virginia , which is truly a great place to do business .”
Steve Wright , president of PCC Metals Group , says , “ As the global aerospace demand for titanium continues to increase , our new state-of-the-art facility will provide the capacity and capability to meet our customers ’ needs for decades to come , utilizing renewable energy . We believe our partnerships with BHE Renewables , ONE and the state of West Virginia will greatly benefit the success of our next-generation , sustainable melt facility .”
In addition to the original $ 500 million investment being made on this project , ONE announced it will build a new Aries Grid factory on the site . The factory will bring an additional $ 22 million in investment to the project and generate 105 more jobs . Scheduled to open in 2025 , the factory will build Aries Grid utility-scale battery storage systems using Michigan-made lithium iron phosphate battery cells .
“ The Ravenswood project represents a historic transition to renewable energy-based manufacturing in the U . S . and establishes a standard for others to follow ,” says Mujeeb Ijaz , CEO and founder of ONE . “ Building upon BHE Renewables ’ commitment to this site and the state of West Virginia , ONE ’ s first Aries Grid factory will bring even more jobs and investment to this area to help clear a path
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WEST VIRGINIA EXECUTIVE