A Squire Patton Boggs team represented FlexGen Power Systems, the second largest energy storage technology company in the US, on the completion of a deal with clean energy solutions company Ameresco that will help mitigate power grid disruptions in California.
FlexGen will provide 2.1GWh of battery energy storage system (BESS) technology and software across three sites in Southern California. Seeking to help mitigate an extreme energy shortfall that California experiences, particularly at peak times in summer, the BESS projects in and around the San Joaquin Valley, Rancho Cucamonga and Long Beach areas of the state will charge from the grid during off-peak times and times of excess generation such as when solar is abundant in the daytime. The energy stored in the four-hour battery systems will then be discharged into the grid as needed by Southern California Edison when demand peaks.
The SPB team was led by partner Kevin Levey and included associate Hannah Zapfe.