July 31 (Renewables Now) - The US-based energy storage subsidiary of French energy group Engie SA (EPA:ENGI) will supply and operate 19 MW/38 MWh of battery systems for a solar-plus-storage portfolio in Massachusetts.
More specifically, Engie Storage Services NA LLC will provide a complete, turnkey GridSynergy hardware and software solution to New York-based private equity firm Syncarpha Capital LLC as part of a six-site project that contributes to the Solar Massachusetts Renewable Target Program.
Engie Storage will operate the storage systems for 20 years. Also, under a market participation agreement, the company will pay fees in return for the rights to operate the solar and energy storage system at each of the six sites in the ISO-NE wholesale capacity, reserves and frequency regulation markets.
The energy storage projects will be completed in late 2019 and early 2020.
“This announcement will be the first of many as ENGIE Storage is executing more than 100 MWh of solar and storage contracts with market participation agreements for the SMART program,” said Christopher Tilley, chief executive officer at ENGIE Storage.