Newark-based StarCharge Americas Corporation has signed a landmark Master Service Agreement (MSA) with Beneficial Holdings, Inc. to deploy a massive network of Battery Energy Storage Systems (BESS) across the United States and Puerto Rico. The deal, valued at approximately $3.2 billion, marks one of the largest energy storage commitments in recent history, totaling over 32.24 gigawatt-hours (GWh) in planned capacity.
The partnership aims to address the critical power needs of the “data center boom” while strengthening grid reliability in underserved communities. The first of 29 initial projects is scheduled to break ground in June 2026.
A central focus of the agreement is the burgeoning demand for energy-intensive data centers. As these facilities require high-efficiency, non-negotiable reliability, StarCharge’s systems are designed to offer:
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Black start capabilities: Allowing data centers to recover swiftly from power blackouts with minimal disruption.
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Grid congestion relief: Helping manage power loads in high-demand areas to prevent outages.
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Renewable integration: Blending traditional power with green energy sources for a sustainable, seamless energy mix.
“This landmark collaboration positions StarCharge as a premier supplier in the US data center boom,” Andreas Fornwald, chief development officer at StarCharge Americas said. “Such large contracts signal a monumental shift in the US energy storage industry.”
A key driver for the deal’s structure is the optimization of federal incentives. By utilizing non-Foreign Entity of Concern (FEOC) partnerships, the companies can maximize Investment Tax Credits (ITC) under the latest U.S. energy regulations.
Greg Senkevitch, CEO of Beneficial Holdings, emphasized that StarCharge was a “critical partner” in navigating these regulatory requirements to ensure the projects remain financially robust and eligible for maximum credits.
