Honeywell and Alturus team up to provide energy storage and distributed assets solutions
Honeywell and Alturus announced a collaborative effort to deploy battery energy storage systems to customers globally. Alturus will provide dedicated capital and structuring for Honeywell’s Renewables & Distributed Assets projects as Honeywell increases market share and deploys leading-edge technology and services.
Projects will be deployed for the commercial and industrial markets under an Energy Storage as a Service model that provides an opportunity for energy savings, increased operational efficiency and reduced emissions. Under this turnkey, off-balance sheet approach, customers can achieve electricity bill savings, resiliency and increased sustainability.