The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Siemens, Macquarie team up for new US distributed energy joint venture

LinkedIn
Twitter
Reddit
Facebook
Email
Siemens is also owner of energy storage technology JV Fluence along with AES Corporation, as well as delivering smart energy solutions globally including storage for commercial customers through Siemens Energy Solutions. Image: Fluence.

Siemens and Macquarie Group have created a new joint venture that will develop distributed energy resources such as solar and battery storage for US corporations and institutions.

Called Calibrant Energy, the company will offer on-site energy-as-a-service solutions at no up-front cost for its customers, which will include corporate and industrial clients, as well as municipalities, universities, schools and hospitals.

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 joint venture has been formed by Siemens’ Smart Infrastructure and Financial Services groups as well as Macquarie’s Green Investment Group (GIG).

It is hoped that Calibrant will be able to simplify the transition towards energy decarbonisation for US corporations and institutions by planning, designing, building, owning and operating clients’ energy production and storage assets.

To read the full version of this story, visit PV Tech

Email Newsletter