Greensmith Energy recently announced that it has received 63 MW of energy storage orders, and that at the current pace, the company will install over 100 MW this year.
“The successful execution of this strategy has brought tremendous growth to the company in both grid-scale and behind-the-meter business. Beyond the cumulative megawatts delivered, Greensmith continues to invest in software innovation and integration capacity to serve a growing number of the largest power companies in the world. It is clear that 2016 is a momentous year for Greensmith and the energy storage industry as whole,” explained John Jung, the company’s CEO and President.
Greensmith designs and deploys energy storage systems. It also makes the energy storage management software platform GEMS. The company says this software platform is the most widely deployed energy storage management software. It can also be used with microgrids.
Some of the benefits are flexible fleet management, utility back-office system integration, and balance of plant integration, amongst others. The software is in its fifth generation, and the company says deployed systems have 99.9% uptime. The company will also be launching Managed Services to optimize energy storage management.
Over 70 MW of energy storage have been delivered by Greensmith over the last two years for things like renewables smoothing, frequency regulation, and microgrids. In January, 2016 Greensmith announced it was selected to be part of a 53 MWh energy storage project in Canada. The company is located in Herndon, Virginia, and was founded in 2008.
Much of the reporting on energy storage has a battery focus, but energy storage is about more than that. Creating software which is well matched to suitable hardware systems can be a good business to be in, if the hardware is going to be around for a long time, and battery systems seem to be poised to both expand and endure.
Image Credit: Greensmith Energy
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