Stem, Inc. Receives Project to Deliver Smart Energy Storage to Massachusetts Water Resource Authority
January 13, 2021 at 06:30 am EST
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Stem, Inc. announced the company has been awarded a project mandate to provide energy storage solutions to the Massachusetts Water Resources Authority in Greater Boston, a public agency that provides wholesale water and sewer services reaching more than 3 million people in eastern and central Massachusetts. The project adds to Stem’s significant portfolio of more than 85 megawatt hours (MWh) of water treatment facilities contracted or managed by Athena, Stem’s AI-powered smart storage software. The project mandate totals 1 MWh of standalone, behind the meter energy storage projects located at two MWRA sites in Arlington and Chelsea. Stem expects to deliver significant utility bill savings for MWRA through its demand charge and demand response solutions.
Stem, Inc. provides clean energy solutions and services designed to maximize the economic, environmental, and resiliency value of energy assets and portfolios. Its artificial intelligence (AI)-driven enterprise software platform, Athena, enables organizations to deploy and unlock value from clean energy assets at scale. It delivers its battery hardware and software-enabled services to its customers through its Athena platform. Its applications, including AlsoEnergyâs PowerTrack, simplify and optimize asset management and connect an ecosystem of owners, developers, assets, and markets. It operates in two key areas within the energy landscape: Behind-the-Meter (BTM) and Front-of-the-Meter (FTM). BTM systems provide power that can be used on-site without interacting with the electric grid and passing through an electric meter. It also offers integrated partner solutions to help improve returns across energy projects, including storage, solar, and electric vehicle (EV) fleet charging.