In 4Q2016, IG signed a contract with Illinois-based solar developer WCP-Solar to manage an industrial size battery of 1 MW to be installed at the site of Solberg Mfg in Itasca, IL. The battery is integrated by IHI Storage and will be paired with a 600 kW solar system. The system will be complete in 2Q2017 and will start generating recurring revenues from PJM soon thereafter. Solberg Mfg is a global manufacturer of industrial filters with a history of serious sustainability commitments, including a 100% offset of its electricity consumption through voluntary purchase of renewable energy credits. Now, Solberg will be able to generate renewable credits of its own.
WCP-Solar is a new customer for IG. This significant contract illustrates the industry’s growing acceptance of energy storage with IG’s management software to make solar projects more profitable.