STOCK TITAN

California American Water Partners with Paired Power to Deliver Microgrid Electric Vehicle Charging

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

California American Water has partnered with Paired Power to install PairTree, a solar microgrid system for charging electric vehicles at its San Diego District. This innovative solution combines solar power, grid power, and battery storage to provide resilient and renewable energy for the company's EVs. The PairTree system offers several benefits:

1. Reduces carbon footprint and long-term costs
2. Provides emergency backup power during grid outages
3. Decreases dependence on the grid
4. Supports California's emission reduction goals
5. Improves local air quality, health, and safety

By using PairTree to charge one vehicle, California American Water will prevent approximately 4,472 pounds of CO2 emissions annually. This partnership aligns with the company's commitment to environmental stewardship and disaster preparedness.

California American Water ha collaborato con Paired Power per installare PairTree, un sistema di microgrid solare per la ricarica di veicoli elettrici nel suo distretto di San Diego. Questa soluzione innovativa combina energia solare, energia della rete e accumulo di batteria per fornire energia resiliente e rinnovabile per i veicoli elettrici dell'azienda. Il sistema PairTree offre diversi vantaggi:

1. Riduce l'impronta di carbonio e i costi a lungo termine
2. Fornisce energia di emergenza durante le interruzioni della rete
3. Diminuisce la dipendenza dalla rete
4. Sostiene gli obiettivi di riduzione delle emissioni della California
5. Migliora la qualità dell'aria locale, la salute e la sicurezza

Utilizzando PairTree per caricare un veicolo, California American Water eviterà circa 4.472 libbre di emissioni di CO2 all'anno. Questa partnership è in linea con l'impegno dell'azienda per la gestione ambientale e la preparazione alle calamità.

California American Water se ha asociado con Paired Power para instalar PairTree, un sistema de microred solar para cargar vehículos eléctricos en su distrito de San Diego. Esta solución innovadora combina energía solar, energía de la red y almacenamiento de baterías para proporcionar energía resiliente y renovable para los vehículos eléctricos de la empresa. El sistema PairTree ofrece varios beneficios:

1. Reduce la huella de carbono y los costos a largo plazo
2. Proporciona energía de respaldo de emergencia durante cortes de red
3. Disminuye la dependencia de la red
4. Apoya los objetivos de reducción de emisiones de California
5. Mejora la calidad del aire local, la salud y la seguridad

Al usar PairTree para cargar un vehículo, California American Water evitará aproximadamente 4,472 libras de emisiones de CO2 anuales. Esta asociación está alineada con el compromiso de la empresa con la gestión ambiental y la preparación para desastres.

캘리포니아 아메리칸 워터는 프레어드 파워와 협력하여 샌디에고 지역에 전기차 충전을 위한 페어트리라는 태양광 마이크로그리드를 설치했습니다. 이 혁신적인 솔루션은 태양광, 전력망, 배터리 저장을 결합하여 회사의 전기차에 대한 복원력 있고 재생 가능한 에너지를 제공합니다. 페어트리 시스템은 여러 가지 이점을 제공합니다:

1. 탄소 발자국 및 장기 비용 절감
2. 전력망 정전 시 긴급 백업 전원 제공
3. 전력망 의존도 감소
4. 캘리포니아의 배출 감소 목표 지원
5. 지역 공기질, 건강 및 안전 개선

페어트리를 사용하여 차량을 충전함으로써 캘리포니아 아메리칸 워터는 연간 약 4,472파운드의 CO2 배출을 방지합니다. 이 파트너십은 환경 관리 및 재해 대비에 대한 회사의 약속과 일치합니다.

California American Water s'est associé à Paired Power pour installer PairTree, un système de micro-réseau solaire pour la recharge des véhicules électriques dans son district de San Diego. Cette solution innovante combine énergie solaire, énergie du réseau et stockage de batterie afin de fournir une énergie durable et renouvelable pour les véhicules électriques de l'entreprise. Le système PairTree offre plusieurs avantages :

1. Réduit l'empreinte carbone et les coûts à long terme
2. Fournit une alimentation de secours en cas de coupures de réseau
3. Diminue la dépendance au réseau
4. Soutient les objectifs de réduction des émissions de la Californie
5. Améliore la qualité de l'air local, la santé et la sécurité

En utilisant PairTree pour charger un véhicule, California American Water évitera environ 4 472 livres d'émissions de CO2 chaque année. Ce partenariat s'aligne avec l'engagement de l'entreprise en faveur de la gestion environnementale et de la préparation aux catastrophes.

California American Water hat mit Paired Power zusammengearbeitet, um PairTree, ein solares Mikronetzsystem zur Aufladung von Elektrofahrzeugen in seinem Bezirk San Diego, zu installieren. Diese innovative Lösung kombiniert Solarenergie, Netzenergie und Batteriespeicher, um eine widerstandsfähige und erneuerbare Energiequelle für die Elektrofahrzeuge des Unternehmens bereitzustellen. Das PairTree-System bietet mehrere Vorteile:

1. Reduziert den CO2-Fußabdruck und langfristige Kosten
2. Bietet Notstromversorgung während Stromausfällen
3. Verringert die Abhängigkeit vom Netz
4. Unterstützt die Emissionsreduktionsziele Kaliforniens
5. Verbessert die lokale Luftqualität, Gesundheit und Sicherheit

Durch die Nutzung von PairTree zur Aufladung eines Fahrzeugs wird California American Water etwa 4.472 Pfund an CO2-Emissionen jährlich verhindern. Diese Partnerschaft steht im Einklang mit dem Engagement des Unternehmens für Umweltschutz und Katastrophenvorsorge.

Positive
  • Installation of PairTree solar microgrid system for EV charging
  • Reduction in carbon footprint and long-term costs
  • Provision of emergency backup power during grid outages
  • Prevention of 4,472 pounds of CO2 emissions annually per vehicle
Negative
  • None.

Insights

This partnership marks a significant step towards sustainable operations in the water utility sector. The implementation of Paired Power's PairTree system demonstrates California American Water's proactive approach to reducing its carbon footprint while enhancing operational resilience. The microgrid's ability to provide emergency backup power during grid outages is particularly noteworthy, as it ensures continuity of critical operations. From an environmental perspective, the projected annual CO2 emission reduction of 4,472 pounds per vehicle is substantial. This initiative aligns well with California's ambitious emission reduction goals and could set a precedent for other utilities to follow. However, the long-term cost benefits and scalability of this solution across the company's entire fleet remain to be seen.

California American Water's adoption of Paired Power's PairTree system represents a strategic move towards grid independence and operational resilience. This investment in microgrid technology not only supports the company's sustainability goals but also enhances its disaster preparedness. The combination of solar power, grid power and battery storage offers a flexible and reliable energy solution for EV charging. However, it's important to consider the initial capital costs and potential challenges in scaling this technology across all operational sites. While the long-term benefits are promising, including reduced operational costs and improved reliability, the company will need to carefully manage the transition to ensure it doesn't impact water service rates for customers. This move could potentially influence regulatory discussions around utility investments in advanced energy infrastructure.

SAN DIEGO--(BUSINESS WIRE)-- Today, California American Water announced its partnership with Paired Power, a leading U.S. solar microgrid manufacturer, to deliver resilient renewable energy to its company’s San Diego District electric vehicles without relying on the grid.

The company recently installed Paired Power’s PairTree, a U.S.-made solar canopy that combines solar power with available grid power and battery storage to deliver day or night charging for electric vehicles. As a fully resilient source of electricity, PairTree can also provide emergency backup power during grid outages and help reduce dependence on the grid.

"We are excited to work with Paired Power to complete this important project that will allow us to reduce our carbon footprint and reduce long-term costs to customers," said Kevin Tilden, President of California American Water. "Utilizing Paired Power’s clean electric power and storage reflects California American Water’s disaster-preparedness and commitment to help meet California’s emission reduction goals and improve locals’ air quality, health, and safety.”

California American Water recognizes that access to clean water is essential for businesses to thrive and communities to flourish. Investing in EV infrastructure helps safeguards public health and the environment. According to the EPA’s emission rates calculator, California American Water will be able to prevent 4,472 pounds - which is roughly the weight of a Tesla Model Y - of CO2 from being emitted into the air annually by using PairTree to charge one vehicle.

“We’re honored that California American Water chose Paired Power to help power its electric vehicles,” said CEO Tom McCalmont. “We made PairTree with the future in mind, and it’s exciting to see our charging solution being embraced by such a respected and forward-thinking water company that serves three quarters of a million Californians.”

California American Water has a longstanding commitment to its customers, as well as the environment. Paired Power’s clean solar powered microgrid EV charging energy is aligned with the company’s legacy of stewardship of the land, air and water in California.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About California American Water

California American Water, a subsidiary of American Water, provides high-quality and reliable water and wastewater services to approximately 700,000 people. For more information, visit www.californiaamwater.com and follow California American Water on LinkedIn, Facebook, X, and Instagram.

Brian Barreto

External Affairs Manager

(626) 388-7484

brian.barreto@amwater.com

Source: California American Water

FAQ

What is the purpose of California American Water's partnership with Paired Power?

The partnership aims to deliver resilient renewable energy for charging California American Water's electric vehicles in its San Diego District without relying on the grid, using Paired Power's PairTree solar microgrid system.

How does the PairTree system benefit California American Water (AWK)?

PairTree benefits AWK by reducing carbon footprint, lowering long-term costs, providing emergency backup power during outages, decreasing grid dependence, and supporting California's emission reduction goals.

How much CO2 emissions can California American Water prevent by using PairTree?

According to the EPA's emission rates calculator, California American Water can prevent 4,472 pounds of CO2 emissions annually by using PairTree to charge one electric vehicle.

What are the components of Paired Power's PairTree system installed by California American Water?

The PairTree system combines solar power, available grid power, and battery storage to deliver day or night charging for electric vehicles, as well as emergency backup power during grid outages.

American Water Works Company, Inc

NYSE:AWK

AWK Rankings

AWK Latest News

AWK Stock Data

24.10B
194.15M
0.12%
94.05%
2.07%
Utilities - Regulated Water
Water Supply
Link
United States of America
CAMDEN