Stem Awarded 68 MWh Storage Projects to assist Reduced Income California Families
- Stem, an AI-driven storage space systems carrier, has actually bagged 68 MWh storage space projects in the most recent California SGIP Non-Residential Equity lottery.
Stem Inc, a leading expert system (AI)- driven power storage systems supplier has actually announced that it, together with companions, has been granted 68 megawatt-hours (MWh) in storage space projects from the December 2020 California Self-Generation Incentive Program (SGIP) Non-Residential Equity lottery. This SGIP spending plan supplies rewards to sustain distributed energy resources for disadvantaged and also low-income communities throughout California.
Integrated with projects awarded in the May 2020 SGIP Equity lottery, Stem as well as its partners are providing an accumulation of 82 MWh of storage space ability, or 41 percent of all Non-Residential Equity capacity granted for energy storage space in all of 2020. These projects total up to more than USD 35 numerous smart storage implementations.
Equipments to be developed include massive behind-the-meter (BTM) releases larger than 5 MWh each, as well as various solar plus storage space and back-up solution implementations for state and city governments, educational institutions, nonprofits, and also small businesses. The SGIP awarded the 82 MWh in projects to 7 of Stem's existing and brand-new sales network partners in California, 4 of which will certainly establish SGIP projects for the first time.
John E. Carrington, Chief Executive Officer of Stem claimed, "the results of this most current SGIP award procedure are more validation of the need for clever storage options supplied by Stem and our companions. Our clever storage abilities enabled by our AI-powered software application platform Athena will take care of these freshly granted sites to supply grid integrity, resilience, and also most notably, energy expense savings to disadvantaged as well as low-income California areas.
" Our Partner Program, containing more than 500 sales execs and strengthened by our Stem University training platform, intensifies the reach of our sales efforts and also is core to opening extra smart storage space across the United States and beyond."
Self-Generation Incentive Program
The California Public Utility Commission's (CPUC) Self-Generation Incentive Program (SGIP) provides motivations to support existing, new, as well as arising distributed energy sources. SGIP provides rebates for certifying dispersed energy systems set up on the customer's side of the energy meter. Qualifying modern technologies consist of sophisticated power storage space systems, wind turbines, waste heat to power technologies, pressure reduction turbines, inner combustion engines, micro-turbines, gas turbines, and gas cells.
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