Energy Storage News – Ameresco and Powin sign 2.5GWh multi-year battery storage supply agreement

Renewable energy development company Ameresco has signed a non-exclusive purchasing framework with system integrator Powin Energy, totalling 2.5GWh of Powin’s Stack750 battery energy storage system (BESS) product until 2025.

The agreement will supply a portion of Ameresco’s BESS needs for a variety of customer projects through mid-2025. The company said it chose Powin’s Stack750 product thanks to its suitability for a range of projects, reduced deployment time and footprint and lower overall capital costs.

Doran Hole, EVP and CFO of Ameresco commented: “As costs have declined and the technology matured, battery storage has rapidly become a go to clean energy technology. Whether as a standalone system or as part of an integrated solar or microgrid solution, BESS have become an integral technology for customers looking to increase energy resiliency and reliability.”

Read the full release (opens in new window)