CEO Message:
“MGN is a leader in the energy transition, developing integrated energy storage facilities in dense urban areas that alleviate transmission congestion and supply reliable, cost-effective, and clean power to consumers. With operational units in New York City and opportunities for geographic expansion on the horizon, MGN is well-positioned to support local utilities and capitalize on the increasing demand for clean energy solutions across the United States.
The MGN management team is led by industry veterans with decades of cumulative experience in deploying advanced distributed generation assets. Our expertise combined with our cohesive team approach allow us to solve market challenges through creative, entrepreneurial thinking. At our core, our team believes the transition to renewable energy is not just an opportunity, but an obligation - to ourselves, to future generations, and to the planet we call home. With every project we undertake, we are demonstrating the path toward a cleaner, brighter future.”
- Tony Maselli, CEO
Why NYC?
NYC is the most dense and complex coastal economy and energy market in North America. The city and state are taking vigorous action to prepare for more frequent and intense weather and tidal events.
MGN’s energy facilities directly address these risks, increase the value of real estate where they are located, create a new foundation for economic growth and competitive advantage in the city where our company was founded.
A recent NYSERDA study concluded that facilities like the ones we build will save New Yorkers more than $2B in unnecessary upgrades.
Our Technology:
The advanced energy storage and generation technologies deployed at each of our facilities are specifically designed to integrate with and deliver the greatest value and resiliency to the properties and buildings which host them, the local utility network and energy users in the neighborhoods they serve. Each of our facilities are also designed to work in concert as an energy network to deliver benefits to the broader economy and environments of NYC.
Why should batteries be installed in NYC?
The NYC grid is one of the oldest and most congested in the country. The path to decarbonization will require that this grid carry more power, more flexibly than ever before. Batteries allow the grid to “flex” with the needs of the users and a varied supply of power from solar and wind resources.
