ENERGY STORAGE

CAMS awarded REC Solar solar-storage services contract

January 19, 2024

Consolidated Asset Management Services (CAMS), a US-headquartered service provider for energy infrastructure asset owners, has been awarded a contract for the provision of operations and maintenance (O&M), asset management, accounting, remote monitoring and related services for REC Solar’s solar and energy storage portfolio.

The portfolio includes solar and energy storage projects for “hundreds of US commercial enterprises, including manufacturers, retailers, schools, universities and municipalities”, a statement said.

This award increases CAMS’ renewable assets under management to more than 5.6GW located throughout the US and Puerto Rico.

“We are thrilled to support REC Solar’s continued expansion within the C&I solar space and look forward to delivering best-in-class services to their operational and in-development assets,” said Brian Ivany, executive vice president of CAMS Energy Transition Services.

Lawrence Denney, president of REC Solar, added: “For the past 26 years, REC Solar has built a strong reputation in the renewables industry for providing high-quality solar and storage solutions and services. As we expand our on-site solar, energy storage and community solar portfolio, we are excited to partner with CAMS to ensure our customers continue to receive the comprehensive end-to-end solutions and services their businesses need for the long term.”