EDF Renewables North America Partners with Cubic Corporation on Integrated Energy System
Lionheart Holdings - Class A Ordinary Shares (CUB)
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Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)--EDF Renewables North America today announced an agreement with Cubic Corporation (NYSE: CUB) to design, build, own and operate an integrated energy system consisting of solar, storage and electric vehicle (EV) charging stations at no up-front costs to Cubic. The system will be installed as part of Cubic’s Kearny Mesa headquarters campus, which includes construction of two new LEED Silver buildings and consolidation of more than 1,000 employees onto one campus. The components of the integrated energy system are: 962 kWp carport solar; 280 kW (540 kWh) battery storage; and 50 smart EV charging stations.EDF Store & Forecast Energy Management System (EMS) will operate the solar and battery storage system to optimize utility bills savings. Solar reduces utility costs while the battery storage shifts the solar generation into the evening on-peak period of expensive power. The storage system will also be used to mitigate spikes in usage thereby lowering utilit
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