ENGIE Storage today unveiled a new, highly-integrated supply and services offering for developers of in-front-of-the-meter (IFOM) solar and energy storage projects in New England and emerging markets. Comprising energy storage system design support, supply, operations, performance guarantees, and payments for rights to participate in ISO-New England wholesale markets, the offering dramatically improves project economics, reduces risk, and enhances bankability for solar + storage projects.
ENGIE North America Inc. announced the acquisition of Genbright LLC of Hingham, MA, a company pioneering the integration of distributed energy resources into wholesale electricity markets. The purchase enables ENGIE and its DER businesses, including ENGIE Storage, to further the adoption and growth of DERs within markets throughout the United States.