Star Charge Americas has announced a Master Service Agreement (MSA) with Beneficial Holdings for Battery Energy Storage Systems (BESS) projects in the United States and Puerto Rico. The agreement covers over 32.24 GWh of BESS projects, amounting to more than $3.2 billion in contract value, according to Star Charge Americas. These projects are aimed at reducing congestion and supporting business growth in critical locations.
The MSA was signed in New Jersey, with direct implications for the US energy storage market, especially as demand increases from hyperscale and colocation data center operators. Andreas Fornwald, Chief Development Officer at Star Charge Americas, stated, “The implications of this deal extend far beyond mere numbers. It signals a monumental shift in the US energy storage industry, particularly as it relates to the burgeoning demand for data centers,”
Beneficial Holdings, based in Newark, New Jersey, develops infrastructure projects including stand-alone battery storage and powered land, and acts as an integrator of technology and solutions in real estate, energy management, and financial services. Greg Senkevitch, CEO of Beneficial Holdings, said, “Star Charge Americas is a critical partner as we accessed non Foreign Entity of Concern (FEOC) partnerships to maximize the investment tax credits (ITC) for our grid scale projects,”
Star Charge Americas develops BESS, electric vehicle charging infrastructure, and microgrid solutions, with US headquarters in Fremont, California and manufacturing operations in Columbus, Ohio. Its advanced storage systems aim to deliver robust, reliable, and flexible energy solutions for data centers, supporting both traditional and renewable energy mixes and facilitating quick black starts to minimize downtime during power disruptions.
Source: Star Charge Americas
