Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shingo Ueno), through Summit Transition Partners Limited (“STP”), a joint venture established with a majority stake held by Sumitomo Corporation and formed with. Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shingo Ueno), through Summit Transition Partners Limited (“STP”), a joint venture established with a majority stake held by Sumitomo Corporation and formed with. A Battery Energy Storage System (BESS) is a technology platform that stores electrical energy in rechargeable batteries and delivers electricity when required. The core purpose of energy storage is simple: Battery storage acts as an energy buffer between power generation and power consumption. A. A battery energy storage system (BESS), battery storage power station, battery energy grid storage (BEGS) or battery grid storage is a type of energy storage technology that uses a group of batteries in the grid to store electrical energy. Government nor any agency thereof, nor any of their employees, makes any warranty, expressed or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness, of any information, apparatus, product, or. As we transition into an era dominated by 5G networks, Internet of Things (IoT) devices, and ever-increasing data consumption, the role of battery energy storage systems (BESS) has become more critical than ever. With sites in the Bronx, Brooklyn, Queens and Staten Island as well as Westchester County and Long Island, NineDot Energy is helping to make our local power grid cleaner.