Stem & ENGIE NA partnering on e-Mobility pilot advancing C&I EV Fleet Adoption
Two companies focused on the commercial and industrial sector energy transition are partnering to accelerate e-Mobility adoption by schools, transit agencies and company fleets throughout the U.S.
Stem and ENGIE North America entered into a co-marketing agreement for a pilot project. The collaboration would combine Stem’s smart energy storage software, Athena, with ENGIE’s e-Mobility planning, design and implementation solution.
The pilot also would integrate Athena with ENGIE’s electric vehicle charging solution. The focus is on school, municipal and C&I customers as they work to electrify their fleets to meet both energy efficiency needs and greenhouse gas emission and fuel cost reductions.
“As more public agencies and businesses deploy charging stations and electrify their fleets, it’s important to have a cohesive eMobility strategy to optimize energy consumption and environmental impacts,” Alan Russo, Stem’s chief revenue officer, said in a statement.
According to Guidehouse Insights 2021 Global Market Analysis and Forecasts of EV Charging Equipment, 4.4 million charge points will be installed at fleet properties by 2030, growing from 449,000 in 2020, a compound annual growth rate of 26 percent.
Currently, the U.S. C&I fleet adoption is behind the pace in Europe.
“Building on ENGIE’s success delivering on-site solar, battery storage, and EV charging solutions to our customers, we are excited to be working with a market-leading provider like Stem to develop an integrated offering that will further enable broad adoption of electrified transportation,” Courtney Jenkins, Vice President and Head of Distributed Energy Solutions at ENGIE North America, added.
The combined offering will streamline the design, procurement, installation, and operational process and provide technical support for customers looking for an interoperable solution. With (artificial intelligence) AI-driven algorithms, Athena will operate the grid services, demand charge, demand response, utility bill optimization, and smart energy storage of customers’ facilities and charging infrastructure.