Cache Energy expands with new manufacturing hub in Champaign

EnterpriseWorks startup Cache Energy has expanded its operations into a 10,000-square-foot warehouse at 301 E. Mercury Drive in north Champaign.

The new facility will serve as a dedicated manufacturing warehouse, where Cache will build its limestone-based long-term energy storage from scratch, including mechanical and electrical components. Currently, the company can produce one ton of energy storage material per hour, and it plans to expand further in the coming months.

“The whole purpose of getting this warehouse was expanding our manufacturing and making Champaign-Urbana the hub in the Midwest region where we manufacture and ship around our products,”Arpit Dwivedi, founder and CEO, said. With this expansion, Dwivedi anticipates creating 20 to 25 new jobs in the Champaign-Urbana area.

Cache Energy develops safe-to-install and transportable long-duration energy storage solutions utilizing technology inspired by thermal power plants, allowing an easier transition to clean energy. Its scalable, cost-effective storage can support the shift to renewable energy by storing grid electricity and capturing biogas energy from wastewater treatment plants and landfills, which would otherwise go to waste.