Standalone storage strategy and value creation

PlusPower, a leading developer of standalone battery storage projects in the US, focuses on a location-based strategy for energy storage. They identify the best locations on the grid where energy storage can create the most value for ratepayers and consumers. By strategically placing energy storage assets in these locations, they are able to maximize the grid's benefits. For example, they have two projects contracted with SRP in the Phoenix area, which will provide significant energy storage capacity. PlusPower adopts this strategy across the country and currently has multiple projects in construction or operation in several states.