Orion(US:OESX) Globenewswire·2026-02-25 13:28Core Insights - Orion Energy Systems, Inc. has launched a localized battery energy storage system aimed at enhancing cost efficiency and energy management for facilities by utilizing stored solar energy [1][5]. Group 1: Product Launch and Deployment - The inaugural deployments of the battery energy storage system (BESS) are starting in the current fiscal quarter at three sites in California, part of a larger 10-site rollout [2]. - The BESS utilizes rechargeable batteries to store solar energy collected during the day for use at night or during peak demand periods [3]. Group 2: System Features and Benefits - The system offers flexibility for facilities to adapt in real-time to energy generation variabilities, with bi-directional connectivity allowing operation on or off the grid [4]. - The battery energy storage system is designed to provide significant cost savings while improving grid services, resiliency, and supporting decarbonization efforts [5]. Group 3: Customer Demand and Market Response - The rollout of the battery energy storage system is a direct response to increasing customer demand for onsite energy management solutions [5][6]. - Customers, including major automakers and Fortune 500 companies, are seeking capabilities to manage energy usage effectively, allowing them to utilize solar energy during the day and stored energy when needed [6]. Group 4: Company Overview - Orion Energy Systems specializes in energy efficiency and clean technology solutions, including LED lighting, EV charging solutions, and maintenance services, focusing on large national customers and projects through ESCO and distribution partners [7].