First announced utility-scale project under Bachmann-Acelerex Commercial Partnership
Controls Providers to Greenbacker Capital Management Holtville BESS Project
Holtville BESS, based in Imperial County California, represents the largest stand-alone battery storage project in the portfolio of Greenbacker Capital Management, a leading U.S. renewable energy investor.
Greenbacker will be operating Holtville BESS in partnership with SunCode LLC (”SunCode Energy”). Greenbacker estimates that Holtville’s 120 MWh capacity will represent enough energy to power approximately 4,119 homes for a 24-hour period, on average.
Bachmann electronic GmbH and Acelerex, a global pioneer in the seamless integration of best-in-class grid analytics and grid controls have been selected to jointly provide the controls for the to-be-constructed 30 MW / 120 MWh Holtville battery energy storage system (”BESS”). Together they will jointly provide Holtville BESS with a grid-focused intelligent solution for asset optimization and real-time control.
The combined solution will be anchored in Bachmann’s high quality, Austrian-made manufactured products and the precision of its fast-responding power plant controls. Bachmann’s offering will be augmented by Acelerex’s universal energy management system (REX™), artificial intelligence, grid analytics and SCADA systems for clean energy technologies.
“Our software systems complement the Bachmann products for offering the high quality reliable, grid-focused intelligent solutions required for optimization and real time control of renewables and energy storage systems.”
Terry Boston, Acelerex Investor, CEO of Terry Boston LLC and the former CEO of PJM Interconnection.
Image courtesy of SunCode Energy
The two companies first announced their commercial partnership on August 25, 2022. Dr. Randell M. Johnson, Founder and CEO of Acelerex, commented, “Holtville BESS is a visible indicator of the overall quality and depth of the Bachmann-Acelerex utility-scale pipeline.”
About Greenbacker Capital Management (https://greenbackercapital.com.)
Greenbacker Capital Management LLC is an SEC registered investment adviser that provides advisory and oversight services related to project development, acquisition, and operations in the renewable energy, energy efficiency, and sustainability industries.
About Acelerex (www.acelerex.com)
Acelerex has developed a single Digital Grid software platform, REX™, which seamlessly integrates best-in-class grid analytics and grid controls. REX™ provides an innovative solution to the challenges of integrating renewables, energy storage and electric vehicles into the 21st century power grid. Acelerex pairs clean energy and storage technologies, including EMS and SCADA, with 100% proprietary software innovations of AI/ML, IoT devices, blockchain, big data, data mining, cloud computing and real time optimization algorithms. The company also provides clean energy and storage advisory services to governments, developers, utilities and clean energy investment funds around the world. Acelerex is based in Cambridge, Massachusetts, and has offices in Chile, Turkey and India.