STEM - Stem Ameresco collaborate on smart energy storage project in Colorado

Stem (STEM) down 1.63% premarket to provide smart energy storage services to Ameresco (AMRC) for a battery storage project with Holy Cross Energy, an electric cooperative serving Garfield, Pitkin, and Eagle Counties in Western Colorado.In April, Ameresco announced a 5 MW solar PV project with 15 MW hours of battery energy storage for HCE, which utilizes land leased from Colorado Mountain College at its Spring Valley Campus. The Colorado-based electric cooperative to install 15MWh battery storage system focused on providing sustainability, savings, and resilience.Using Stem's system design support, Ameresco will build, operate, and maintain the campus facilities while simultaneously helping HCE meet its "100x30" goal of sourcing 100% of electricity used to serve members' load with renewable resources by 2030 and is expected to reduce annual greenhouse gas emissions.As a certified partner in Stem's Partner Program, Ameresco will leverage Stem's smart energy storage solution, which includes the company's Athena platform built to integrate

For further details see:

Stem, Ameresco collaborate on smart energy storage project in Colorado