STEM - Stem to provide smart energy storage services to Altus Power America

Stem (STEM) has entered into an agreement to provide smart energy storage services to Altus Power America, a clean electrification company that develops, owns, and operates renewable energy assets in Massachusetts and throughout the United States. Stem’s Athena AI smart energy storage platform will enable Altus Power’s solar generation and energy storage system to provide automated demand response solutions to expand Stem’s footprint in the rapidly growing Massachusetts marketplace.Both parties collaborate to support compliance with requirements for federal investment tax credits and the Solar Massachusetts Renewable Target ((SMART)) Program, a state initiative that promotes cost-effective solar development with customer-facing and grid service benefits.A certified partner in Stem’s Partner Program, Altus Power will leverage Stem’s smart energy services to manage its solar storage facility and to deliver clean energy flexibility in New Marlborough, Massachusetts.Altus Power expects this behind the meter, DC-coupled 2.9 megawatt solar system project with 2 megawatt-hours of energy storage to become operational

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Stem to provide smart energy storage services to Altus Power America