The Winners Are Set to Be Announced for the Energy Storage Awards!

Energy Storage Awards, 21 November 2024, Hilton London Bankside

Convergent Energy + Power supplying 5MW/15MWh BESS to Massachusetts utility

LinkedIn
Twitter
Reddit
Facebook
Email

Energy storage solutions provider Convergent Energy + Power willy supply Massachusetts utility Holyoke Gas & Electric (HG&E) with a 5MW/15MWh battery energy storage system (BESS).

Convergent announced the plans to provide the municipally-owned utility with the BESS on 14 April. The project is expected to stabilise costs for HG&E customers in the context of rising energy prices and should come online in 2023.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The developer will own and operate the BESS using its proprietary energy storage intelligence platform, PEAK IQ. Convergent said the BESS will dispatch at strategic times, storing energy when it is cheapest and cleanest and discharging energy to displace the most expensive and carbon-intensive periods.

Convergent describes itself as “one of the original players in the energy storage sectors” with over US$400m invested in projects to-date across North America. It recently brought two similarly-sized BESS projects online in California for investor-owned utility Southern California Edison (SCE).

The northeast US state’s Solar Massachusett’s Renewable Target (SMART) programme incentivises households to invest in residential or community solar and has helped drive the colocated storage market and recent storage news in the state has mostly been around colocated projects.

This includes Nexamp’s community solar being commissioned last month, a Blackrock-owned developer buying six projects totalling 88MWh of storage and Italy-headquartered NOAH’s 10MWh system delivered in Bellingham. Convergent’s project appears to be a standalone site with no mention of colocated solar.

The New England state enacted House Bill 4857 in August 2018 which directed the Massachusetts Department of Energy Resources to set an energy storage target of 1,000 MWh by 2025. It is currently about a third of the way according to the state government’s website.

The state’s three electricity utilities which operate the grid, National Grid, Eversource and Unitil, report storage deployments every February (National Grid is part of the UK grid operator).

As of February 2022, National Grid had deployed 329MWh, Eversource had deployed 20MW/44MWh while Unitil had deployed 2.12MW/4.23MWh. National Grid’s pipeline totals 666MW/843MWh, Eversource has 127MW/175MWh planned, while Unitil aims to deploy 18.14MW/85.04MWh.

18 March 2025
Austin, Texas
The Energy Storage Summit USA is the only place where you are guaranteed to meet all the most important investors, developers, IPPs, RTOs and ISOs, policymakers, utilities, energy buyers, service providers, consultancies and technology providers in one room, to ensure that your deals get done as efficiently as possible. Book your ticket today to join us in 2025!
18 March 2025
Sydney, Australia
As we move into 2025, Australia is seeing real movement in emerging as a global ‘green’ superpower, with energy storage at the heart of this. This Summit will explore in-depth the ‘exponential growth of a unique market’, providing a meeting place for investors and developers’ appetite to do business. The second edition will shine a greater spotlight on behind-the-meter developments, with the distribution network being responsible for a large capacity of total energy storage in Australia. Understanding connection issues, the urgency of transitioning to net zero, optimal financial structures, and the industry developments in 2025 and beyond.
27 May 2025
London, UK
At the time of writing, Europe had had its most successful year in terms of Power Purchase Agreements (PPAs) with a record 7.8GW of renewable energy contracts signed. As we gather in May 2024 for the third edition of the Renewable Energy Revenues Summit, the energy landscape continues to evolve rapidly, influenced by the beating drum of climate change, volatility around power prices and the need to decarbonise power procurement as well as generation.

Read Next

November 14, 2024
Progress on another US Department of Energy (DOE) loan for the battery sector has been announced, this time by NeoVolta, the third in the space of a week since the US election.
November 14, 2024
The US battery storage system integrator arm of Korean battery manufacturer LG Energy Solution (LG ES) has signed a 4-year supply deal with developer Terra-Gen.
November 13, 2024
A double-header of tax equity news from the California BESS market, with IPPs Ormat Technologies and esVolta both completing deals for grid-scale projects in the state.
November 11, 2024
Optimiser Gridmatic and Energy Vault have entered into a 10-year deal for a BESS project in ERCOT, Texas, expected to be online by summer 2025.
November 7, 2024
NYSE-listed battery startup Freyr has pivoted strategy and acquired a 5GW solar module facility in Texas, US, from Chinese firm Trina Solar, the same day that Donald Trump was declared to have won the presidential election (6 November).

Most Popular

Email Newsletter