Marcus Garvey Apartments
The Building: Marcus Garvey Apartments
616,700 square feet
NYCEEC loan product
Demand Energy, a leading energy storage company in NYC, was looking to expand into new markets. They opened conversations with L+M Development Partners, a developer/ owner of low-income housing, regarding a 300kW lithium ion battery system to take full advantage of solar and fuel-cell energy generation at the Marcus Garvey Apartments, a large housing complex in Brooklyn, within the geographic boundary of the grid constrained Brooklyn-Queens Demand Management (BQDM) area.
Total project cost
Simple payback period
Marcus Garvey is the first battery storage micro-grid installation at a low-income property in greater New York. Projections indicate that battery storage will lower operating costs at the Marcus Garvey Apartments, along with aiding Con Edison in meeting peak energy demand and providing emergency back-up power. This helps cut power expenses, help grid reliability, and provide off-grid backup power for emergencies.