Green Charge Networks + ITOCHU Corporation Partnering For Expansion Of Intelligent Energy Storage Solutions Offerings Internationally
Green Charge Networks, and one of the biggest trading houses in Japan, ITOCHU Corporation, are partnering to expand sales of Green Charge Networks’ intelligent energy storage solutions into international markets.
The new partnership will see ITOCHU distribute, supply, and procure Green Charge Networks offerings. The firm currently possesses over 130 offices, in 65 different countries, around the world — and takes in (as of 2013) more than $53 billion in revenue yearly.
“We are proud to work with Green Charge,” stated Tsutomu Miyazaki, General Manager of Inorganic Chemicals Department at ITOCHU. “Its intelligent energy storage solutions provide proven savings, convenience, and category leadership. Green Charge’s brand is synonymous with top performance and its technology saves customers money by time-shifting power use.”
“The next wave of innovation will come from power efficiency solutions, with distributed energy storage as the nucleus,” stated Vic Shao, CEO and founder at Green Charge Networks. “We are excited to partner with ITOCHU and extend our global market opportunities.”
For some background here — Green Charge Networks offers “intelligent energy storage” solutions for commercial + industrial businesses. What that means in practice, in this case, is that the company offers “sophisticated cloud-based software that monitors facility loads on a second-by-second basis” that allows businesses to eliminate unnecessary energy use. Or, in the words of the company, the result is “a more efficient utilization of infrastructure assets already in place, such as transformers and feeder cables, by smoothing out the peaks and valleys of load profiles.”
Those interested can find out more at the company’s website.
Image Credit: Green Charge Networks
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