AMS signs deal with realty firm for 11 MWh of storage to create hybrid buildings
Advanced Microgrid Solutions has struck a deal with Kilroy Realty that will expand the storage company’s fleet of commercial buildings equipped with storage devices in California.
The deal calls for AMS to expand 11 MWh of storage at five Kilroy buildings in El Segundo, Long Beach and Irvine.
- The systems, which will range from 1500 kWh to 3,000 kWh, are designed to automatically shift the buildings to battery power based on prices and demand response signals from Southern California Edison.
AMS signed a $200 million funding deal with Macquarie Capital last summer that calls for the build-out of a 50 MW fleet of behind-the-meter storage systems at commercial, industrial and government sites in Southern California Edison’s service area.
The deal, with financing from CIT, closed in March, and AMS has been moving quickly on the build-out.
Last month, Wal-Mart signed an agreement under which AMS will design, install and operate energy storage systems at the retailer’s stores, starting with 40 MWh of storage at 27 Walmart stores in Southern California.
The recent deal AMS’ storage devices and software will be used to cut power consumption by the realty company and in aggregate to provide grid services to SoCal Ed.
“Kilroy Realty’s emphasis on sustainable, innovative building design and operation makes their buildings the perfect place to showcase AMS’ cutting-edge energy management platform,” Susan Kennedy, AMS’ CEO, said in a statement.
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