Syncarpha_capital_logo

Battery Storage

Home
About Us
Capabilities

Battery Storage

About Company

Platform Capabilities

Syncarpha was an early leader in Massachusetts solar plus storage projects and operates its batteries to provide clean peak energy and maintain grid stability.

 

Investment in battery storage projects will be required to enable increased renewable energy generation while maintaining a reliable power grid

Battery storage can participate in wholesale electricity markets to provide capacity and ancillary services

Syncarpha is actively looking for new markets to develop and acquire solar plus storage and standalone battery storage projects in

01/06

Syncarpha’s focus on storage has increased substantially over the last few years, as new storage market opportunities have emerged and technologies have become more viable and cost competitive.

02/06

Given its focus on storage and the expected continued advancement of technology and policy, Syncarpha is designing all projects where feasible with flexibility to integrate storage equipment in the future.

03/06

Syncarpha strategically allocated portions of its Massachusetts SMART portfolio to Engie and Stem to diversify risk and, at the same time, enhance Syncarpha’s knowledge and expertise in the wholesale markets.

01/06

Syncarpha’s focus on storage has increased substantially over the last few years, as new storage market opportunities have emerged and technologies have become more viable and cost competitive.

02/06

Given its focus on storage and the expected continued advancement of technology and policy, Syncarpha is designing all projects where feasible with flexibility to integrate storage equipment in the future.

03/06

Syncarpha strategically allocated portions of its Massachusetts SMART portfolio to Engie and Stem to diversify risk and, at the same time, enhance Syncarpha’s knowledge and expertise in the wholesale markets.

04/06

The storage projects Syncarpha has completed to date all participate in the ISO New England wholesale market as well as operate under the Massachusetts SMART program and the Clean Peak program. In ISO NE, storage projects can participate in the energy, capacity, reserves, and regulation markets. Under the Massachusetts SMART program, solar plus storage projects receive a rate compensation adder in addition to wholesale market participation revenue.

05/06

In 2019, Syncarpha completed one of the first solar plus storage projects in the Massachusetts SMART program which was part of U.S. Bank’s first battery portfolio. Syncarpha’s entire Massachusetts SMART portfolio of under construction and operating projects includes 52 MW (103 MWh) of storage, which participates in the ISO NE wholesale markets and is operated by Engie and Stem.

06/06

Syncarpha negotiated bespoke, state of the art equipment warranties and performance capacity guarantees that were financed by U.S. Bank and National Cooperative Bank. Daily operation, management of wholesale market participation, warranty compliance, and fulsome reporting for the battery systems is provided for 20 years by Engie and Stem respectively pursuant to negotiated service agreements.

04/06

The storage projects Syncarpha has completed to date all participate in the ISO New England wholesale market as well as operate under the Massachusetts SMART program and the Clean Peak program. In ISO NE, storage projects can participate in the energy, capacity, reserves, and regulation markets. Under the Massachusetts SMART program, solar plus storage projects receive a rate compensation adder in addition to wholesale market participation revenue.

05/06

In 2019, Syncarpha completed one of the first solar plus storage projects in the Massachusetts SMART program which was part of U.S. Bank’s first battery portfolio. Syncarpha’s entire Massachusetts SMART portfolio of under construction and operating projects includes 52 MW (103 MWh) of storage, which participates in the ISO NE wholesale markets and is operated by Engie and Stem.

06/06

Syncarpha negotiated bespoke, state of the art equipment warranties and performance capacity guarantees that were financed by U.S. Bank and National Cooperative Bank. Daily operation, management of wholesale market participation, warranty compliance, and fulsome reporting for the battery systems is provided for 20 years by Engie and Stem respectively pursuant to negotiated service agreements.

Get In Touch With Syncarpha

Have Questions? We Are Here To Help You

Contact Us
Facebook Linkedin Youtube Twitter

Quick Links

Contact

  • Address : 250 W 57th St #701 New York, NY 10107
  • Phone : (212) 419 4840
  • Email : [email protected]
  • Fax : 646 452 8686

Our Location

© COPYRIGHT 2022 SYNCARPHA CAPITAL, LLC. ALL RIGHTS RESERVED Privacy Policy | Terms Of Use