Stem, Inc today announced that along with some of its channel partners, it was awarded 68 megawatt-hours (MWh) in projects from the December 2020 California Self-Generation Incentive Program (SGIP) Non-Residential Equity lottery.
This SGIP budget provides incentives to support distributed energy resources for disadvantaged and low-income communities throughout California.
Combined with projects awarded in the May 2020 SGIP Equity lottery, Stem and its partners are delivering an aggregate of 82 MWh of storage capacity, or 41% of all Non-Residential Equity capacity awarded for energy storage in all of 2020, amounting to more than $35 million of smart storage deployments.
Systems to be developed include large-scale behind-the-meter (BTM) deployments larger than 5 MWh each, as well as various solar plus storage and backup solution deployments for state and local governments, educational institutions, nonprofits, and small businesses. The SGIP awarded the 82 MWh in projects to seven of Stem’s existing and new sales channel partners in California, four of which will develop SGIP projects for the first time.
John E. Carrington, Stem CEO explained that the company’s smart storage uses AI technology to provide “grid reliability, resilience, and most importantly, energy cost savings to disadvantaged and low-income California communities.”
“Stem has given us a wealth of information about the SGIP process and how to leverage their Athena storage software to help us serve our customers,” said Robert Hymes, Chief Development Officer of Mynt Systems, which was awarded 5.8 MWh in projects for educational institutions and nonprofits. “We look forward to deepening our relationship with Stem as we complete these initial projects and identify new ones for our customers to achieve their savings, sustainability and resilience goals.”
“We recently started working with Stem, and they have proven to be an effective and collaborative resource for Onyx,” said Ja Kao, Chief Executive Officer and President of Onyx Renewable Partners, which was awarded 7.4 MWh in projects for educational institutions.
As an energy storage pioneer with more than a decade of experience, Stem completed the most commercial storage installations in California in 2019 by both amount of power and number of sites, according to the California Solar and Storage Association (CALSSA), a trade association that promotes the widespread deployment of smart, local, clean energy technologies.