The Irvine Company, a real-estate investment company, and Advanced Microgrid Solutions (AMS), an energy storage solution provider, announced on October 13 what they called an “initiative to create a fleet of hybrid-electric buildings. These buildings will be powered by energy storage systems from Telsa Energy.
The Irving Company will commence with the installation of energy storage systems to reduce peak-energy consumption from local utilities, reducing the need for additional power plants, reducing electricity costs and providing back-up power in the event of grid outages.
The dimensions of the large battery systems located at each building, are equivalent to the size of five parking spaces. The batteries will be charged during nonpeak hours and used as needed for peak daytime use, or when power failures occur, according to the Irving Company.
This type of stored energy initiative is a part of Southern California Edison’s grid modernization plan, which lets distributed solar, energy storage and efficiency stand with power plants and grid resources. The first phase of the plan will see AMS / Irvin Company team with SunEdison to finance and operate Powerpack commercial battery systems obtained from Telsa Energy.
“We are thrilled to be working with the Irvine Company on a transforming its properties into fleets of the most advanced, hybrid-electric buildings in the world,” said Susan Kennedy, chief executive officer of AMS in a prepared statement.