A partnership to bring batteries and grid flexibility to Wal-Mart stores, starting with 40 megawatt-hours of resource in Southern California.
Advanced Microgrid Solutions has landed the world’s largest retailer as a partner: Wal-Mart.
On Tuesday, the San Francisco-based startup announced it is working with the retail giant to install behind-the-meter batteries at stores to balance on-site energy and provide megawatts of flexibility to utilities, starting with 40 megawatt-hours of projects at 27 Southern California locations.
Under the terms of the deal, “AMS will design, install and operate advanced energy storage systems” at the stores for no upfront cost, while providing grid services and on-site energy savings. The financing was made possible by partners such as Macquarie Capital, which pledged $200 million to the startup’s pipeline last year.
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