Advanced Microgrid Solutions Gets $200M From Macquarie to Finance Aggregated Energy Storage

on July 12, 2016

energy storage greentech mediaSusan Kennedy, CEO of Advanced Microgrid Solutions, has observed, “The entire electrical distribution system is designed around a single premise: You cannot store energy.”

The premise of her company: “Equipping a building with the technology to store and manage its own electricity turns that building into a standalone storage unit,” and if you “combine a dozen buildings into a fleet, you have the utility equivalent of a peaker plant.” She told GTM recently, “We’re offering utilities a customized solution using energy storage behind the customer’s meter, harnessing that load to provide specifically what the utility needs in a particular region. It’s a clean, fast, flexible product that doesn’t exist in the utility world today.”

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GreenTech MediaAdvanced Microgrid Solutions Gets $200M From Macquarie to Finance Aggregated Energy Storage