Responding to the increasing demand and need for battery systems, Nexamp is deploying its first energy storage projects, representing more than 51 MWh of capacity. These six projects are located across sites in New York and Massachusetts, taking advantage of economic incentives available under NY-Sun, VDER and MA SMART programs. Nexamp was awarded 40% of the capacity available in the first block of the NY-Sun program.
“Deploying energy storage is the key next step to solving climate change and making clean energy accessible to all,” notes Ben Downing, vice president of new market development, Nexamp. “Our team is committed to helping our partners maximize the benefits of energy storage for them and for the entire grid. Nexamp’s decade long track record of helping customers navigate new markets and thrive uniquely positions us to make the most of this opportunity for our partners.”
Nexamp’s initial storage projects represent a significant step forward in the company’s strategic development efforts. Similar projects are in various stages of development across New York and Massachusetts, both as part of a PV installation and as a standalone storage solution. When a customer engages with Nexamp for a storage project, experienced professionals evaluate the opportunity, make recommendations and simplify the process to ensure maximum benefit for all parties involved. As part of the process, they will analyze markets, incentives, tariffs, and electric usage to develop the optimum solution for clients.
Whether helping large facilities reduce peak demand charges or making community solar more efficient, Nexamp works with commercial, industrial, municipal and other electric users. Similarly, Nexamp works closely with landowners to maximize a property’s potential, whether combined with solar or simply as standalone storage, giving landowners a reliable lease payment and the electric grid the flexible resource it needs.
Nexamp is working with IHI Energy Storage as a non-exclusive equipment supplier for these initial projects. IHI Energy Storage recognizes the importance of safety in energy storage systems and has ensured that the planned systems will be in full compliance with the new UL9540A requirements. The company is dedicated to advancing safety in their systems to offer their customers the most advanced, safe systems available.
“Energy storage represents a massive opportunity for energy producers as well as consumers, transforming clean energy into a readily available resource,” says Toshiaki Nishio, general manager of IHI Energy Storage. “We are excited to work with Nexamp and design tailored solutions that ensure that each of these projects leverages the latest storage technology to maximize reliability and resiliency. We view this as an opportunity to continue the IHI Corporation legacy of quality and leadership in the energy storage industry.”
News item from Nexamp