Cache Energy is set to boost the clean energy sector in Illinois with plans to expand operations at a new 10,000-square-foot facility in Champaign. Backed by a $2.5 million investment and a key state partnership under the REV Illinois program, the company will create 20 new jobs and install an innovative one-ton-per-hour manufacturing line for energy storage materials. Cache’s technology uses thermochemical processes to store renewable energy efficiently and cost-effectively, addressing key challenges in grid reliability. State leaders highlight this expansion as a critical step toward job creation, economic growth, and achieving Illinois’ ambitious sustainability goals.
“Illinois is proudly leading the way in the clean energy revolution with new jobs, economic growth, and groundbreaking progress in the clean energy manufacturing sector,” said Governor JB Pritzker. “I’m pleased to see Cache Energy expand its operations right here in Illinois, and I applaud the company’s innovative approach to renewable energy storage as Illinois takes bold steps toward a more sustainable future.”
“We have a bold vision for the future – one where low-cost, reliable energy is accessible to every American,” stated Arpit Dwivedi, Founder of Cache Energy. “I’m proud to stand with my team and the State of Illinois as we launch this great partnership. Together, through Cache, we’re creating high-quality jobs and advancing cutting-edge energy projects right here in Illinois. This further strengthens our commitment to a fully domestic energy supply chain, reinforcing both Illinois and America’s leadership in energy security and resilience.”
“We’re proud that Cache Energy continues to grow in Champaign and has chosen a location in Apollo Industrial Park as their new manufacturing facility,” said Carly McCrory-McKay, Executive Director of the Champaign County Economic Development Corporation. “By choosing to build its long-duration energy storage solutions here—and creating new jobs—the company is not only accelerating the innovation of the energy storage industry but also strengthening our local economy and workforce capabilities.”