Ameresco and CPower Win Environment+Energy Leader Award for Enhancing Energy Independence at Maryland U.S. Army Base
Rhea-AI Summary
Ameresco (NYSE: AMRC) and CPower Energy have received the E+E Leader Product & Project Awards' 'Judges' Choice' distinction for their Advanced Renewable Energy System project at U.S. Army Garrison Fort Detrick in Maryland. The project showcases innovation in energy resilience and grid support.
The implementation includes a 6 MW / 6 MWh battery energy storage system (BESS) added to Fort Detrick's existing 18.6 MW DC solar facility. By connecting the battery to CPower's Virtual Power Plant (VPP), Ameresco generates revenue through PJM's Ancillary Services and Economic programs while maintaining power quality for local communities.
The project demonstrates how batteries can provide rapid grid support while maximizing customer benefits. Future developments may include integration into a microgrid system for backup power support during outages, enhancing the Army's mission-critical operations.
Positive
- Integration of 6 MW battery storage with 18.6 MW solar facility creates new revenue stream
- Project generates revenue through PJM's Ancillary Services and Economic programs
- Potential expansion into microgrid system offers growth opportunity
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, AMRC declined 0.50%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Advanced renewable energy system recognized as 'Judges' Choice' in Software Implementation category for improving resilience at
As the top-scoring entry in the Software Implementation of the Year award, the project earned the Judges' Choice distinction, recognizing the partners for outstanding innovation and impact in enhancing energy resilience on the base and for boosting the PJM grid,
The E+E Leader Product & Project Awards is an annual program recognizing excellence in products and services that provide companies with energy and environmental benefits, or in projects implemented by companies that improved environmental or energy management outcomes and increased the bottom line.
The project reduced energy consumption and secured affordable energy for the military base, with Ameresco adding a 6 MW / 6 MWh battery energy storage system (BESS) to
"VPPs are the backbone of a resilient energy future, keeping the lights on and strengthening the
"By partnering with Ameresco as a company that shares our commitment to energy innovation and sustainability, we were able to unlock the full potential of this BESS system and maximize benefits for the
"We're proud to lead initiatives that not only bolster the
To learn more about how the award-winning Advanced Renewable Energy System at
About Environment+Energy Leader
Since 2006, Environment+Energy Leader's website and newsletters have provided the definitive and objective voice in reporting on business-related energy, environmental and sustainability issues. Visit: www.environmentenergyleader.com.
About the E+E Leader Product & Project Awards
For over a decade, the E+E Leader Product & Project Awards have recognized excellence in products, services and corporate initiatives that drive energy and environmental improvements. Entries are evaluated using a rigorous five-point rating system by an independent panel of executive-level judges from leading organizations across various industries. To see this year's winners and learn more about the judges, visit www.eeleaderawards.com.
About CPower Energy
CPower Energy is the premier Virtual Power Plant provider, monetizing the value of customer-sited energy to intelligently strengthen the grid. For over a decade, we've made it simple for businesses, factories, public institutions and other large energy users to turn their energy flexibility into revenue, delivering over
With 7.0 GW of customer capacity across more than 29,000 sites, we're empowering energy users across
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE: AMRC) is a leading energy solutions provider dedicated to helping customers reduce costs, enhance resilience and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure and developing, constructing and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering diversified generation solutions to Federal, state and local governments, utilities, educational and healthcare institutions, housing authorities and commercial and industrial customers. Headquartered in
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SOURCE CPower Energy