BOSTON, Aug. 27, 2020 /PRNewswire/ -- RENEW Energy
Partners "RENEW", a firm dedicated to speeding carbon reduction by
making it financially compelling, has entered into an agreement
with MACOM Technology Solutions Holdings, Inc. "MACOM" (NASDAQ:
MTSI), a leading designer and manufacturer of semiconductor
products.
RENEW's "Microgrid-as-a-Service" program allows commercial and
industrial customers to meet aggressive sustainability targets,
improve energy efficiency, achieve energy resilience and reduce
operating expenses. Microgrids typically require capital
investments and ongoing monitoring, however, with RENEW's program,
the project is fully funded by RENEW and operational risk is
transferred to RENEW through uptime guarantees.
"RENEW is proud to help another organization stay competitive in
this changing world. This system will not only provide significant
energy savings and resilient on-site energy for many years to come,
it is also expected to significantly reduce carbon emissions" said
Stephen Pritchard, Principal and
cofounder.
RENEWs Microgrids are designed to meet each customer's unique
energy and resiliency needs. As a long-term partner RENEW is
committed to delivering projects that meet our customers energy
needs and deliver superior performance over the entire project
life. To ensure such performance, RENEW implements an equipment
agnostic approach in its design and engineers' solutions that are
designed to deliver long-term reliable performance.
The MACOM project is anticipated to be operational in late 2021
and is expected to reduce Carbon Dioxide emissions of 1869 metric
tons each year or the equivalent emissions of 216 homes energy for
one year.
About RENEW Energy Partners
Renew Energy Partners provides turnkey solutions for funding,
installing, and managing energy efficiency and on-site clean power
generation projects. The company helps building owners reduce their
carbon footprint and save money while making their buildings
cleaner, nicer, and more resilient. With its
energy-as-a-service model, energy upgrades and retrofits are funded
by future savings and are at no cost to the building owner. Notable
customers that represent RENEW's range and flexibility of solutions
include YMCAs, Northrop Grumman, and the historic Waldorf Astoria
Building in New York City. For more information,
visit www.renewep.com.
RENEW Media Contact:
Michael Savage
888-938-6256 x 703
Msavage@Renewep.com
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SOURCE RENEW Energy Partners