Star Charge Americas successfully completed a Master Service Agreement (MSA) with Beneficial Holdings, Inc. for Battery Energy Storage Systems (BESS) projects in the United States and Puerto Rico.
Over 32.24 GWh of projects are on track for xx projects worth over $3.2 Billion in contract value alleviating congestion and promoting business growth in critical areas.
“This is the first step in a partnership which allows two companies to come together for positive results in communities across the US and Puerto Rico” additionally, “The implications of this deal extend far beyond mere numbers. It signals a monumental shift in the U.S. energy storage industry, particularly as it relates to the burgeoning demand for data centers,” said Andreas Fornwald Chief Development Officer at Star Charge Americas.
“Star Charge Americas is a critical partner as we accessed non Foreign Entity of Concern (FEOC) partnerships to maximize the investment tax credits (ITC) for our grid scale projects,” said Greg Senkevitch, CEO of Beneficial Holdings.
In a rapidly evolving landscape, the partnership between innovative infrastructure developers like Beneficial Holding and the burgeoning data center industry is set to redefine energy storage and management. This landmark collaboration positions StarCharge as a premier supplier in the U.S. data center boom and lays the groundwork for global expansion.
Addressing potential challenges such as power blackouts, StarCharge offers solutions that facilitate easier black starts, ensuring that data centers can recover swiftly and continue operations with minimal disruption. StarCharge energy storage approach blends traditional power systems with renewable energy resources, creating a balanced and sustainable energy mix, ensuring that data centers can operate seamlessly regardless of the power source. This flexibility allows data centers to thrive in an era where reliance solely on one type of energy is no longer viable.
