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SAN FRANCISCO--(BUSINESS WIRE)-- Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced the company’s key role in the development and recent completion of the first community battery energy storage site in the Bronx, New York City. The site is owned and operated by NineDot Energy®, a leading developer of community-scale clean energy projects backed by global investment firm Carlyle. NineDot’s first Bronx site features a 3 megawatt (MW)/12 megawatt-hour (MWh) battery energy storage system, a solar canopy, and infrastructure ready for bi-directional electric vehicle chargers. Stem’s AI-driven Athena ® platform is co-optimizing multiple value streams, including New York’s Value of Distributed Energy Resources (VDER) program incentives. For NineDot Energy, this Bronx site is a model for developing future urban clean energy projects and supports the company’s goal of strengthening the local power grid and providing stable, reliable, and resilient power to tens of thousands of New York City households and businesses.