California suffers from power outages and outages due to heat waves and fires that hit it, and an electricity network that does not meet demand, and therefore is a significant market for additional installations. Westerfield, part of the Unibail-Rodmaco-Westfield Group, which will install the system in its shopping center, is one of the leaders in the field of green energy use and carbon footprint reduction in the commercial real estate world in the United States
California suffers from power outages and outages due to heat waves and fires that hit it, and an electricity network that does not meet demand, and therefore constitutes a significant market for additional installations. Westerfield, part of the Unibail-Rodmaco-Westfield Group, which will have the system installed in its shopping center, is one of the leaders in the field of using green energy and reducing the carbon footprint in the commercial real estate world in the United States.
“California today shows the whole world the way to an electricity economy based on 100% renewable energy sources, and the state has a supportive regulation of energy use from renewable sources and aggressive targets for the use of these sources,” said Yaron Ben-Nun, CEO and founder of Nostromo. “Currently, energy storage targets in California alone stand at more than 40,000 megawatts / hour by 2030, and the demand for expanding energy storage capacity, in the electricity grid of the fifth largest economy in the world, is growing every passing day. The additional system in California paves the way for us to install many more systems for both the customer in question and other potential customers. ”
Sumoto, which acquires Nostromo in the advanced process as planned, announces that Nostromo has signed a memorandum of understanding with Westfield URW, to install an energy storage system at its 200,000-square-foot Westfield Topanga & The Village shopping center in Kanoga Park, Los Angeles. Les, California. Westfield URW is part of the Unibail-Rodmaco-Westfield group, which is considered one of the leading commercial real estate companies in the world. Westfield URW owns about 35 commercial centers throughout the United States and the United Kingdom, and is one of the leaders in the use of green energy and carbon footprint reduction in the commercial real estate world in the United States.
The purpose of the contract is to demonstrate to the customer, over a period of 12 months, the system’s ability to significantly reduce the demand peaks of the company’s electricity consumption, and in any case to save electricity costs and reduce the carbon footprint of the site. At the end of the demo period, the customer will have the choice to leave the system on the site, free of charge, and subject to the payment of an annual maintenance fee for the use of the system’s management software, as agreed in the future. In the event that the customer chooses not to leave the system on the site, Nostromo will remove the system at its expense and return the site to its original state.
The system to be installed for the demonstration period is planned to be 1,100 kilowatt-hours, while in phase B, if the demonstration is successful, the customer and the company are expected to enter into negotiations to purchase another system of 1,880 kilowatt-hours. The project will be accompanied by the engineering company Black and Veatch in engineering planning and supervision, with which a cooperation agreement was signed this week.
The agreement joins a collaboration to install an energy storage system in an office building in Los Angeles, California in the United States of 750 kilowatt-hours, which will be funded by the BIRD Energy Fund. California is the state with the largest gross national product in the United States and as a state alone is the fifth largest economy in the world. The state promotes aggressive targets for the use of renewable energies, including storage solutions and has supportive regulation.
Nostromo was founded in 2017 by Yaron Ben-Nun and is engaged in the development, installation and operation of energy storage facilities for office buildings, malls, hospitals, data centers and other commercial consumers of air conditioning (chiller-based). The company currently has 15 employees in Israel and North America, and has been operating a commercial facility on the roof of the Electra M&E building in Ness Ziona for more than a year, which provides energy for cooling using the company’s technology. The company promotes the installation of additional systems in Israel and abroad. Its shareholders include leading investors, Transport Group, Yehudit and Kobi Richter, Menora Mivtachim Energy, Rami Unger and others.