Ameresco [NYSE: AMRC] Acquires an EPCM Contract for Large Distribution of BESSs

Ameresco, Inc. [NYSE: AMRC] disclosed that it has inked an agreement with Southern California Edison (SCE) to design and develop three grid-scale battery energy storage systems (BESSs) at the current substation parcels throughout SCE’s service territory in California. This insistent plan will substantially improve the dependability of the grid with a targeted commercial operation date in August 2022 due to the effect of the severe weather issues in the state.

The three substation systems are a unique approach for integrating sophisticated energy storage at the distribution level to resolve overall system capacity and reliability needs. They will be driven in a way that extends the reliability of the grid by charging during periods of surplus generation and discharging during periods of need.

Furthermore, the substation energy storage systems will be established to tackle the emergency reliability risks discovered in the Governor’s Emergency Proclamation. These are intended at employing clean energy resources to deal with electric power deficiencies due to prolonged scarcity, wildfire, and heatwaves.

Additionally, AMRC believed that these projects highlighted the fact that working closely will solve for real and reliable solutions to tackle the needs of the State of California. Once executed, this project will make a direct contribution to the State of California’s clean energy and carbon neutrality goals and assist Edison International to comply with its 2045 net-zero greenhouse gas emissions commitment.