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Delivering Innovation

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The battery energy storage market is one of today’s leading alternative energy sectors, and it shows no signs of slowing down in the coming years. That’s why many alternative energy engineering companies are investing in battery energy storage these days. However, before doing so, you might be wondering how to choose the best site, so ENGlobal gathered some information for you here.
Below you’ll find five important things to consider before acquiring a battery energy storage site.

Existing or Disturbed Properties are Ideal: If you find battery infrastructure on an already existing property, it can make things much easier for you and help you avoid issues that can halt development. This is because choosing an existing or disturbed property can also set you up for exemptions and any issues or constraints will have already been addressed.

Location is Everything: When selecting the site for your battery energy storage facility, location is key. Look for places that are conveniently located near existing energy substations and easy access to the grid. Other important location details include choosing a place with low fire risk, minimal species and ecological impact, and reduced noise.

Available Water Supply: Battery operation and maintenance itself requires minimal water, but local and federal rules and requirements are quite clear in stating that there needs to be an adequate water supply for firefighters. This means it isn’t uncommon to employ the services of an attorney and land planner.

Avoid Sites Close to Sensitive Stakeholders: Going over every aspect of an area before selecting your battery energy storage site is important. Take a look at the location and who is living nearby; are there quiet neighborhoods? Schools? Other types of communities that might not respond well to a continuously-operating battery storage facility nearby? If so, you might be better off in another location.

Vet Your Potential Site Thoroughly: Doing your due diligence before deciding on a site will serve you well. Vet every aspect of it, taking site-specific benefits and constraints into consideration and local land-use titles and regulations before leasing or buying.

Contact us today for more about alternative energy engineering
For more energy tips or services, contact the team from ENGlobal today by visiting us online or calling (281) 878-1000.

Kevin M. Palma

Director

Mr. Palma has served as a Director of the Company since June 2016, and is a member of the Audit and Compensation Committees.

Mr. Palma served as the Chief Financial Officer of B-29 Investments, LP, an energy private equity firm, from 2006 until he was promoted to Chief Operating Officer in December 2018, and also served as the Chief Financial Officer of B-29 Family Holdings, LLC, a family office, since its inception in 2014 until December 2018. In his role within the private equity space, Mr. Palma focuses on investment strategy, investment execution, and portfolio company management for both privately-held and publicly-traded companies.

Mr. Palma currently serves on several private company boards, including Silver Creek Oil and Gas, LLC, Caliber Completion Services, LLC, and Klear Bit Technologies, LLC. His past experiences on private company boards include Crest Pumping Technologies, LLC and TEC Holdings, LLC (which was recently rebranded as AXIS Energy Services, LLC).

Kevin M. Palma

Prior to his roles at B-29, Mr. Palma was a member of the energy investment banking team at Raymond James & Associates, focusing on capital market raises and merger and acquisition activity.

Mr. Palma is licensed as a Certified Public Accountant in the State of Texas, and holds a Master of Business Administration from the Harvard Business School in addition to a Bachelor of Business Administration and a Master of Public Administration from the University of Texas.

Committee Membership: Audit Committee, Compensation Committee

Kevin M. Palma

Director

Kevin M. Palma

Mr. Palma has served as a Director of the Company since June 2016, and is a member of the Audit and Compensation Committees.

Mr. Palma served as the Chief Financial Officer of B-29 Investments, LP, an energy private equity firm, from 2006 until he was promoted to Chief Operating Officer in December 2018, and also served as the Chief Financial Officer of B-29 Family Holdings, LLC, a family office, since its inception in 2014 until December 2018. In his role within the private equity space, Mr. Palma focuses on investment strategy, investment execution, and portfolio company management for both privately-held and publicly-traded companies.

Mr. Palma currently serves on several private company boards, including Silver Creek Oil and Gas, LLC, Caliber Completion Services, LLC, and Klear Bit Technologies, LLC. His past experiences on private company boards include Crest Pumping Technologies, LLC and TEC Holdings, LLC (which was recently rebranded as AXIS Energy Services, LLC).

Prior to his roles at B-29, Mr. Palma was a member of the energy investment banking team at Raymond James & Associates, focusing on capital market raises and merger and acquisition activity.

Mr. Palma is licensed as a Certified Public Accountant in the State of Texas, and holds a Master of Business Administration from the Harvard Business School in addition to a Bachelor of Business Administration and a Master of Public Administration from the University of Texas.

Committee Membership: Audit Committee, Compensation Committee