Greensmith Energy Continues to Build Momentum as Energy

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Greensmith Energy Continues to Build Momentum as Energy Storage Industry Goes Commercial

HERNDON, VA--(Marketwired - Dec 31, 2015) - Greensmith Energy, a leading provider of advanced energy storage software and integration services, announced the successful completion of five major grid-scale system deliveries in 2015. This milestone comes on the heels of the 2014 announcement, when Greensmith delivered over one-third of all energy storage capacity installed in the U.S.

All five systems leveraged Greensmith's proven GEMS4 software platform, supporting a wide range of applications including frequency regulation, distribution deferral and island micro-grid in such locations as California, Ohio and Puerto Rico. Greensmith provided the full array of design, integration, software and installation services -- for both utility and "behind-the-meter" deployments.

"Energy storage is becoming increasingly important to help strengthen the reliability and flexibility of the grid and integrate more renewable power onto the system," said Phillip Grigsby, senior vice president for Commercial Transmission at Duke Energy. "We are pleased to have partnered with Greensmith to support our Ohio Beckjord project, an innovative storage solution that provides tangible benefits to the grid operator and local customers."

Ranked as the fastest growing company in the energy storage industry by Inc. 5000 and the 7 th fastest growing in the energy sector, Greensmith expanded its business operations earlier this year with a new state-of-the art facility in Herndon, Virginia to accommodate growth and technology development.

"Greensmith brings a technology advantage to our customers that begins with a proven software platform capable of supporting seven use-case applications out of the box -- but it doesn't end there," said John Jung, Greensmith President & CEO. "Our growing body of grid-scale experience anchored by a highly scalable technology architecture resulted in the delivery of the largest 2015 systems in under 6 months. Our customers are looking to capture the benefits of energy storage quickly and this speed-to-market advantage will provide yet another point of differentiation."

About Greensmith: As one of the largest providers of energy storage software and integration services, Greensmith's mission is to make energy storage a fundamental part of a cleaner, more intelligent and more distributed energy infrastructure. Now in its fifth generation, Greensmith's GEMS software platform optimizes the performance of energy storage by lowering costs and maximizing the system's return on investment throughout its life. In 2014, Greensmith delivered over one-third of all energy storage capacity installed in the United States and is currently used by more than 20 major customers globally. Learn more at www.greensmithenergy.com .

Press Contact Mallory Sass Greensmith Energy 408-966-5950 msass@greensmithenergy.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Saab Set to Increase Orders and Investments for 2024 Success

Updated Category News Views 335

Saab's Significant Growth in Orders In a notable development, Saab's order bookings during the third quarter witnessed an impressive surge of 41%, reaching an astonishing SEK 21.2 billion. This growth can be attributed to the robust performance of its Dynamics division, highlighted by a substantial SEK 6.6 billion defense systems order, alongside a notable SEK 1.3 billion...

Continue Reading
Revolutionary All-in-One Fire Safety System Developed

Updated Category News Views 227

Revolutionary Device Unites Fire Detection and Extinguishing A remarkable advancement in fire safety has come to light with the creation of an all-in-one smoke and fire detector, which also includes an integrated fire extinguisher. This groundbreaking device, called ALL-IN ONE SUPPRESSION, was inspired by the inventor’s own experience as a firefighter. The Demand for...

Continue Reading
Innovative Toy Concepts Celebrated at Annual ToyAwards

Updated Category News Views 108

Celebrating Innovation in Toy Design The recently concluded ToyAwards served as a platform to recognize and honor innovative game concepts, exceptional craftsmanship, and market potential in the toy industry. During an exciting ceremony, several outstanding products were awarded, showcasing the creativity and talent of the industry. Winners of the ToyAwards This year's...

Continue Reading
Nigel Farage's Vision for Britain's Crypto Revolution

Updated Category News Views 235

Farage’s Ambitious Crypto Plans for Britain The political landscape is shifting as cryptocurrency takes center stage. With leaders like Donald Trump promoting digital currencies, Nigel Farage, the leader of Reform U.K., is stepping up with plans to transform Britain into a worldwide crypto powerhouse. Creating a Bitcoin Reserve Farage's speech at the Digital Asset...

Continue Reading
Anghami Implements Strategic Reverse Stock Split for Growth

Updated Category News Views 151

Anghami's Strategic Move: A Reverse Stock Split Anghami Inc. (NASDAQ: ANG) has recently embarked on a significant step to bolster its trading position in the competitive multimedia streaming landscape. The company has declared a 1-for-10 reverse stock split of its ordinary shares, designed to enhance compliance with the Nasdaq Capital Market's minimum bid price...

Continue Reading