AMS landed one of the first and largest utility contracts for energy storage in the U.S. and is building 50 MW of B2B energy storage for Southern California Edison, a U.S. utility company, using Tesla energy storage systems. AMS expects its business to grow at a rapid pace in the four years to come. ENGIE will focus its full support to expand AMS solutions in the U.S. market and overseas.
"Renewable energy is taking a lead worldwide and with advanced energy storage technology we can both solve the problem of intermittency and make the grid more resilient” says Isabelle Kocher, COO at ENGIE.
Launched in May 2014, ENGIE New Ventures has so far invested in innovative companies for a total of €25 Million.
Sign up for the ENGIE Innovation Newsletter
By continuing to browse, you accept that ENGIE uses cookies for the purpose of saving information about your browsing on the Site. Cookies help make your browsing experience easier and also make it possible to gather statistics about who visits the Site with the goal of improving its quality. For more information, click here.
Consult cookies policy
