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Stock impact report

Stem’s PowerTrack™ EMS Selected for 100 MWh of Utility-Scale Energy Storage Projects in Germany

Stem, Inc. Class A (STEM) 
US:NASDAQ Investor Relations: investor.stemcellsinc.com
Company Research Source: Business Wire
PowerTrack Serves as the Integrated Control Foundation Enabling Market Participation at the Kölsa Site BERLIN--(BUSINESS WIRE)--Stem, Inc. (NYSE: STEM), a global leader in AI-enabled clean energy software and services, today announced that its PowerTrack™ Energy Management System (“EMS”) has been selected in collaboration with developer and EPC Everyray GmbH for two utility-scale battery energy storage system (“BESS”) projects in Germany: a 90 MWh installation in Kölsa and a 10 MWh installation in Elsterwerda. The projects are owned and financed by UESA Group, which is also supplying key electrical infrastructure, including the transformer station, handover station, and medium-voltage switchgear.The Kölsa asset is co-located with an existing photovoltaic (“PV”) plant, while the Elsterwerda project is a standalone BESS installation. Together, the projects further expand Stem’s presence in the German market and reinforce PowerTrack EMS’s role as the control system for sophisticated, Show less Read more
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