AMERESCO AND REDFLOW PARTNER TO PROVIDE ADVANCED NON-LITHIUM ENERGY STORAGE SOLUTIONS TO CUSTOMERS ACROSS NORTH AMERICA AND EUROPE

Ameresco’s portfolio contains power effectivity, infrastructure upgrades, asset upkeep, and renewable power options supplied to shoppers all through North America and Europe. Renewable power properties and buyer initiatives have supplied a discount in carbon emissions equal to 95+ million metric tons of carbon dioxide since 2010.

FRAMINGHAM, MA AND AUS – March 28, 2023 – Ameresco, Inc., (NYSE: AMRC), a number one cleantech integrator specializing in power effectivity and renewable power, and Redflow Restricted (ASX: RFX), a worldwide chief in clear power storage, at this time introduced a strategic relationship during which Redflow will present Ameresco, on a non-exclusive foundation, with superior non-lithium battery power storage expertise. Ameresco plans to make use of this expertise for mission and asset installations for a lot of clients.

Ameresco’s portfolio contains power effectivity, infrastructure upgrades, asset upkeep, and renewable power options supplied to shoppers all through North America and Europe. Renewable power properties and buyer initiatives have supplied a discount in carbon emissions equal to 95+ million metric tons of carbon dioxide since 2010.

Redflow’s non-lithium power storage system shall be utilized by Ameresco for medium-to long-duration deployment and day by day biking purposes in its built-in cleantech answer portfolio. Ameresco plans to deploy Redflow’s zinc-bromine circulate batteries as a part of a versatile and modular built-in photo voltaic and storage answer, designed to satisfy rising market demand for medium- and long-duration methods. .

Redflow Chief Government Officer and Managing Director, Tim Harris mentioned, “It’s an honor for Redflow to companion with Ameresco as they give the impression of being past standard lithium applied sciences. Our zinc-bromine circulate battery gives a non -lithium answer that’s fireplace protected, has an revolutionary hibernation characteristic, and is appropriate for a lot of environments and use circumstances.”

“Moreover, we anticipate our partnership with Ameresco to usher in different thrilling alternatives for our enterprise pipeline and, over time, new markets world wide,” mentioned Mr. Harris.

At present, Redflow and Ameresco are working to deploy a industrial demonstration system that features Redflow’s 40 kWh 4-battery enclosure to certainly one of Ameresco’s present buyer websites. Redflow’s 4-battery enclosure is a compact but scalable power storage answer for small industrial and industrial clients.

“We’re excited to companion with Redflow and leverage their industrial monitor document to globally deploy non-lithium power storage methods,” mentioned Doran Gap, EVP and Chief Monetary Officer, Ameresco. “That is per our relentless seek for the most effective options for our clients, each when it comes to mission design and technological suitability. The necessity for longer-term power storage is crucial and rising quickly market alternative that unlocks our clients’ capacity to cost-effectively meet the rising demand for power by way of renewable sources.”

The built-in system delivers a fire-safe, strong, and sustainable answer that’s economically aggressive with lithium-ion and gives operational benefits in a variety of environments and working circumstances.

Produced from plentiful and broadly obtainable uncooked supplies, Redflow batteries are well-positioned to satisfy the tax necessities of the Inflation Discount Act which are domestically contained and fewer affected by provide chain bottlenecks in world.

The 2 corporations envisage a large deployment of methods and develop plenty of options based mostly on joint buyer engagements, together with a nationwide smaller system program for branches of retail, crucial infrastructure in fire-prone areas, and federal authorities resilience initiatives. Ameresco and Redflow additionally plan to construct on Redflow’s present enclosure system to supply a utility-scale answer within the a whole lot of MWh.

To be taught extra about Redflow and Ameresco’s power storage options and purposes, go to https://redflow.com/ and https://www.ameresco.com/.

About Ameresco, Inc.

Based in 2000, Ameresco, Inc. (NYSE: AMRC) is a number one cleantech integrator and renewable power asset developer, proprietor, and operator. Our complete portfolio contains power effectivity, infrastructure upgrades, asset upkeep and renewable power options supplied to shoppers throughout North America and Europe. Ameresco’s sustainability companies in help of shoppers’ pursuit of Web Zero embody facility power infrastructure upgrades and the event, development, and operation of distributed power sources. Ameresco has efficiently accomplished power saving, environmentally accountable initiatives with Federal, state, and native governments, well being care and academic establishments, housing authorities, and industrial and industrial clients. With its company headquarters in Framingham, MA, Ameresco has greater than 1,000 workers offering native experience in the US, Canada, and Europe. For extra info, go to www.ameresco.com.

About Redflow

Redflow, a publicly listed Australian firm (ASX: RFX) with places of work in Australia and the US, designs and manufactures long-life zinc-bromine circulate batteries for continuous industrial, industrial , and utility purposes. Redflow batteries are modular, scalable, fireplace protected, and able to 100% depth of discharge. They will additionally function in a variety of environments with out further heating or cooling and provide a protracted life with little degradation over time. The corporate’s clever, self-protecting storage expertise gives distinctive benefits, together with a hibernation characteristic, safe distant administration, a easy recycling path, and steady power supply all through. its operational life. Redflow’s power storage options have been used for greater than a decade in additional than 250 websites in additional than 9 nations.

For extra info, please go to:

www.redflow.com