The Raymond Corporation has successfully completed the deployment of a comprehensive Behind-the-Meter Energy Storage System (BESS), solar microgrid array, and warehouse energy management at its distribution warehouse in Greene, N.Y. This milestone achievement represents an innovative leap in sustainable energy management within the industrial sector.

The initiative had its genesis in a collaboration with Binghamton University in March 2019, and received crucial support through a $1M award from the New York State Energy Research and Development Authority. The initial phase included the installation of a 200 kW PV system and a 250 kW BESS at Raymond’s distribution warehouse. Subsequently, the project evolved to encompass the development and demonstration of advanced lithium-ion battery chargers, featuring proprietary software that effectively balances grid and microgrid charging.

As part of the next phase, Raymond is now gearing up to implement the installation of a front-of-the-meter rooftop system at its parts distribution facility in Syracuse, N.Y., further bolstering its commitment to sustainable energy practices.

The successful deployment of these advanced energy storage and generating systems at Raymond Corporation’s distribution warehouses stands testament to the company’s dedication to environmental sustainability and innovation. This significant milestone heralds a new chapter in warehouse energy management, setting a benchmark for the industry at large.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.