Encorp has been awarded an vitality companies contract from the Alameda Board of Supervisors to deploy six microgrids for buildings owned by the County of Alameda, situated east of San Francisco.
Encorp will present its Encorp Egility microgrid management platform in addition to function the EPC lead for the contract.
The corporate says incentives accessible by the IRA decreased the overall price of the challenge by 35%. Extra state subsidies contributed $8 million in public funding to the pool of personal fairness debt bonds used to finance the portfolio.
“We’re primarily an vitality know-how controls agency however have served as an EPC for earlier initiatives reminiscent of a $1.5 million microgrid for Purple Feather Lakes in Colorado, which is served by the Poudre Valley Rural Electrical Cooperative,” says Michael Clark, CEO for Encorp.
“We additionally served because the EPC for the $5 million microgrid for Kings River Packaging’s Cobblestone facility in central California.”
4 of the microgrids can be in low-income zones.
Capital assist for cost and efficiency bonding was offered by Pine Grove Holdings of Chicago.