14 April 2021: Stem Inc transfers existing 345MWh commercial VPP portfolio’s software platform
Artificial intelligence-driven commercial energy storage provider Stem Inc has put its Athena software platform in a 345MWh portfolio of California assets in an IT handover that only took two months.
The company was appointed to put the Athena software to manage the 86-site commercial and industrial (C&I) energy storage asset portfolio by its joint owners, South Korean technology company SK E&S and Switzerland-headquartered investment fund SUSI Partners in June, as reported by
Athena provides intelligence and real-time decision-making capabilities to the energy storage systems, enabling end-customers to manage their energy costs and usage, particularly at times of peak demand while also providing local utility Southern California Edison (SCE) with a controllable capacity resource.