Battery Storage at Marcus Garvey Apartments

Brought live in June of 2017, the system at the Marcus Garvey Apartments in Brooklyn, NY, combines rooftop solar panels, electricity-generating fuel cells and large-scale battery storage to significantly reduce the 625-unit complex’s demand on the local Consolidated Edison (Con Edison) electricity grid—while lowering operating expenses, generating revenue as well as electricity and cutting the facility’s energy-related greenhouse gas emissions. Financing the $1.3 million onsite lithium ion battery served as a pilot for NYCEEC, which regularly considers new energy technologies for its loan portfolio. NYCEEC loaned the money to a special purpose entity called Demand Energy SPE. Upon completing access to finacing, Demand Energy SPE and Marcus Garvey Partners LLC (MGP) would enter into an ESA in which MGP agreed to host an energy storage and efficiency system, and Demand Energy SPE agreed to provide, install, and operate the system.