Bowman Enables Growth in Battery Storage Sector
14 Junho 2023 - 5:15PM
Business Wire
Following FAST Act `Covered Project’
Inclusion for Speeding Nationwide Implementations
Bowman Consulting Group Ltd. (the “Company” or “Bowman”)
(NASDAQ: BWMN), today announced the firm has reached the milestone
of having completed 100 battery energy storage system (BESS)
engineering assignments nationwide. The recent passing of the
“Fiscal Responsibility Act of 2023” included provisions that enable
fast tracking of permitting for the battery storage industry under
the 2015 FAST Act (Section 41001(6)(A)). Bowman’s implementation
milestone serves as a proven track record for providing developers
with the full-service support required to realize the rapid market
expansion enabled by the new legislation.
Bowman provides complete implementation support from site
identification and acquisition, through land survey, preliminary
engineering, environmental due diligence, and interconnect
application, to full electrical & civil design, and
construction management.
According to Bloomberg NEF’s March 2023 report, the Americas
region is expected to represent 21% annual storage capacity on a
gigawatt basis by 2030, led by the U.S. with large-scale projects
in California, the Southwest and Texas. Bowman has seen marked
increases in BESS contracts in these regions along with emerging
expansion in the Mid-West and Mid-Atlantic.
“Marrying our end-to-end engineering and survey services with
the aggressive implementation schedules of our battery storage
clients has created a streamlined process for speeding the delivery
of BESS solutions to new locations,” said Dan Swayze, executive
vice president of energy services for Bowman. “With the inclusion
of battery storage in the FAST Act, our clients will be able to
combine expedited permitting with Bowman’s proven processes to
successfully build out battery storage and fully support the growth
of renewable energy in the U.S.”
“Regis, and our affiliated partners, are leading the growth of
the BESS market,” said Daniel Senneff and Nathan Vajdos,
co-founders and Managing Partners of Regis Energy Partners. ”Bowman
has the network of nationwide professionals, the breadth of
services and the industry experience we require to support our
leadership role and enable our teams to successfully meet market
demand for battery energy storage.”
About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is an engineering
services firm delivering infrastructure solutions to customers who
own, develop, and maintain the built environment. With over 1,700
employees and more than 75 offices throughout the United States,
Bowman provides a variety of planning, engineering, geospatial,
construction management, commissioning, environmental consulting,
land procurement and other technical services to customers
operating in a diverse set of regulated end markets. Bowman trades
on the Nasdaq under the symbol BWMN. For more information, visit
bowman.com or investors.bowman.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230614897185/en/
General Media Contact: Jennifer Kamienski, 201.519.4536
jkamienski@bowman.com
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