Glenwood Announces Plans To Deploy Distributed Energy Storage Systems In NYC Buildings

The first 1MW of Projects Are Approved And Will Start Construction This Month

New York, New York – March 17, 2015 – Glenwood, a leading owner and builder of luxury rental properties in Manhattan, has expanded its commitment to sustainable development practices in announcing the deployment of the first Megawatt (MW) of distributed energy storage systems across a select group of buildings in their NYC real estate portfolio.

Construction will begin this month on systems in the first properties, with commissioning and measurement/verification approvals completed in the first half of the year.

The energy storage systems will be operational for the summer peak load season and will support the Indian Point Demand Management Program that Con Ed and NYSERDA are offering to commercial customers.