As the severity and awareness of the climate crisis mounts, Climate Week NYC, held this year from September 23-29, is taking on a new sense of urgency. Founded in 2009, the summit takes place each year alongside the UN General Assembly, bringing together leaders from business, government, and nonprofit groups to spur global climate action.
It created a market that demands and allows for value stacking.
Today's energy storage technology can help power the country more efficiently and sustainably, and it's getting better all the time. However, this resource's greatest strength—the ability to both take in and let out energy rapidly—can be complicated to properly value. It's also been a bit of a headache to equitably work into the country's many mechanisms governing electricity generation and transmission.
Improves Returns, Reduces Risk, and Enhances Bankability for Solar + Storage Projects
BOSTON, August 1, 2019 /3BL Media/ — ENGIE Storage has unveiled a new, highly-integrated supply and services offering for developers of in-front-of-the-meter (IFOM) solar and energy storage projects in New England and emerging markets. Comprising energy storage system design support, supply, operations, performance guarantees, and payments for rights to participate in ISO-New England wholesale markets, the offering dramatically improves project economics, reduces risk, and enhances bankability for solar + storage projects.
Purchase Enables ENGIE to Unlock More Value From Distributed Storage and Solar Portfolios
HOUSTON, July 31, 2019 /3BL Media/ – Houston – ENGIE North America Inc. announced the acquisition of Genbright LLC of Hingham, MA, a company pioneering the integration of distributed energy resources into wholesale electricity markets. The purchase enables ENGIE and its DER businesses, including ENGIE Storage, to further the adoption and growth of DERs within markets throughout the United States.
This will be a hot summer for solar and storage developers in Massachusetts as the Commonwealth kicks off its SMART program, providing tiered incentives to promote solar with an additional kicker if there is storage attached. It’s an exciting program—the first of its kind outside of California, and one of the first ever in the U.S. to promote energy storage coupled with community solar (direct contracts between solar arrays and residents).
For years, people have known Green Charge as one of the industry’s most respected energy storage companies. Without much fanfare, we spent years honing our GridSynergy™ energy storage solution to help commercial customers reduce their energy costs, and partnering with solar providers and EV charging companies to power the world more sustainably and efficiently.