Stem, Inc. Signs California State University Dominguez Hills for Intelligent Energy Storage Services | Business Wire

MILLBRAE, Calif.–(BUSINESS WIRE)–California State University (CSU) Dominguez Hills selectedStem,

Inc., the leader in intelligent energy storage, after a thorough

evaluation of multiple providers to deliver software-driven energy

storage services and reduce the university’s energy costs.

“We're excited about our partnership with Stem in executing this

project to deliver real savings for the campus, at an especially

important time to reduce our greenhouse gas footprint and control our

energy costs,” said Ken Seeton, Central Plant Manager and Energy Manager

of CSU Dominguez Hills. “We plan to shift these energy cost savings to

better use elsewhere in our services to our students.”

The CSU Dominguez Hills campus is one of early adopters of innovative

technology and one of the leaders in sustainability in the CSU system.

Stem is moving forward with construction on a 1 MW, 4.2 megawatt-hour

storage system to be housed on campus in Carson, California. Combined

with an existing Stem storage system at this CSU location, the project

will total 2 MW and 6.2 megawatt-hours. The storage systems will

eventually be paired with solar to maximize clean energy generation and

enhance the campus’ onsite sustainability plans.

The storage system Stem is operating for CSU will join a network that

acts as a “Virtual Power Plant,” delivering flexible capacity for the

local utility to help respond to increasingly variable solar generation

after the closure of the San Onofre Nuclear Generating Station in the

highly-congested West Los Angeles Basin. Stem made history

in the fall of 2014 when it was awarded this 85 MW contract—the largest

for any behind-the-meter energy storage provider.

“CSU Dominguez Hills is another example of a higher education leader who

seeks Stem’s automated energy savings while also contributing to more

intelligent grid solutions,” said John Carrington, CEO of Stem.

“California’s universities and colleges want energy storage to help them

control their energy choices, play a strong role in their community.

help transition the state to even higher amounts of renewable energy.”

Stem is the market leader in energy storage for higher education sites,

with the most intelligent storage projects installed and under

construction, including Soka University, Whittier University, the

College of Marin. Many others.

Stem is building and operating the largest digitally-connected energy

storage network and using world-class analytics to optimize the value of

customers’ energy assets to deliver grid services. The company pairs

intelligent software with energy storage to learn building load patterns

and shift energy use away from the most expensive times. With over 120

megawatt-hours across more than 600 locations, Stem is the world leader

in the commercial-scale energy storage market.

About Stem, Inc.

Stem creates innovative technology services that transform the way

energy is distributed and consumed. The company’s mission is to build

and operate the largest digitally connected energy storage network for

our customers. Our world class analytics optimize the value of

customer’s energy assets and facilitate their participation in energy

markets, yielding economic and societal benefits while decarbonizing the

grid. Headquartered in Millbrae, California, Stem is funded by a

consortium of leading investors including Angeleno Group, Iberdrola

(Inversiones Financieras Perseo) GE Ventures, Constellation Technology

Ventures, Total Energy Ventures, Mitsui &. Co. LTD., RWE Supply &.

Trading. Mithril Capital Management. Visit www.stem.com

for more information.