John Carrington, Chief Executive Officer of Stem, commented, “This partnership with Available Power showcases Stem’s ability to support developers across the project lifecycle and enable best-in-class management of large portfolios of energy storage projects. The market for energy storage in ERCOT is expected to grow more than 10 GWh over the next five years as renewable energy adoption increases and the state prioritizes grid resilience. Together, Stem and AP will be providing the state grid, operating under the Electric Reliability Council of Texas (ERCOT), with an additional one gigawatt (GW), or two gigawatt-hours (GWh), of flexible electric power for 20 years.ĮRCOT is responsible for delivering 90 percent of the state's electric power to more than 25 million people throughout Texas. The project portfolio is expected to have a value of more than $500 million and will be completed in phases, beginning with deployment of the first 20 systems by early 2023. This strategic partnership gives Stem exclusive rights to provide its proprietary Athena ® smart energy storage software to energy storage systems at 100 front-of-the-meter (FTM) sites throughout the state of Texas. announced the Company has been selected to provide smart energy storage solutions in Texas to Available Power, a developer that designs, develops, and deploys distributed energy resources and microgrid systems for commercial and industrial real estate.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |