Enel X is a part of The Enel Group, a multinational company providing energy services to individuals, businesses, and governments across the world. With over $80 B in annual revenue, Enel serves as a trusted partner for long term investments, and can provide the necessary financing and capital to bring your energy storage project to life.
While global in reach, Enel X brings deep, market-specific knowledge to each project, with local teams and experts available 24/7 to support your business needs. Enel X’s storage portfolio of over 150 MW includes projects of all sizes and flavors, serving a variety of industries and customer types. With an industry-leading demand response business, best-in-class software, and advisory services, Enel X’s innovative, distributed energy projects maximize payments and energy savings for customers.
Example Customers
Organizations across industries work with Enel X for energy storage.
- Algoma Orchards, Agriculture
- UMass Boston, Education
- Amhil North America, Manufacturing
- Marcus Garvey Village, Real Estate
Other Industries:
- Retail
- Industrials
- Government
- Medical Manufacturing
Technology
Enel X’s DER Optimization Software powers the energy storage system behind-the-scenes. The software intelligently determines when to charge and discharge the battery to deliver maximum savings and superior operational performance.
- Uses advanced machine learning and optimization software
- Patented technology that incorporates battery degradation into optimization
- Re-optimizes solution every 15 minutes on-site
Financing Options
With a variety of financing options, organizations can choose how much ownership and capital they want to deploy for their particular energy storage or solar-plus-storage project.
Benefit Share
You and Enel X share the energy savings generated from the storage system based on a predetermined split
PPA
You pay Enel X a single payment rate based on energy generation from the solar panels and the overall benefit of the solarplus-storage system.
Hybrid PPA
You pay Enel X a lower payment rate just for the solar power generated from your panels, combined with a benefit share structure with Enel X.
Direct Purchase
You buy the system outright with upfront, on-hand cash, and can choose to pay Enel X for ongoing O&M
Fixed Rate
You pay fixed payments to Enel X