Concerto

Generac Announces Strategic Minority Investment in Rolling Energy Resources, EV Telematics Software Company

Retrieved on: 
Dienstag, März 7, 2023

WAUKESHA, Wis., March 07, 2023 (GLOBE NEWSWIRE) -- Generac Power Systems, Inc. (NYSE: GNRC) (“Generac”), a leading global designer and manufacturer of energy technology solutions and other power products, today announced a strategic minority investment in Rolling Energy Resources (“RER”), a provider of electric vehicle load management software used by utilities and electric vehicle owners to monitor, control and optimize charging.

Key Points: 
  • WAUKESHA, Wis., March 07, 2023 (GLOBE NEWSWIRE) -- Generac Power Systems, Inc. (NYSE: GNRC) (“Generac”), a leading global designer and manufacturer of energy technology solutions and other power products, today announced a strategic minority investment in Rolling Energy Resources (“RER”), a provider of electric vehicle load management software used by utilities and electric vehicle owners to monitor, control and optimize charging.
  • RER and Generac Grid Services are currently working together to provide utilities and consumers with EV load management solutions for charge monitoring, behavioral demand response, and automated smart charging through direct-to-vehicle communications.
  • “We have worked closely with the RER team commercially over the past 12 months on several projects that support local grid reliability and are excited to deepen our relationship,” said James Carr, president of Generac Grid Services.
  • The investment closed on March 3rd, 2023.

Rockwell Medical and Concerto Renal Services Establish New Three-Year, Multi-Million Dollar Product Purchase Agreement

Retrieved on: 
Montag, Februar 13, 2023

Under the terms of the agreement, Rockwell Medical will be the primary supplier of liquid and dry acid and bicarbonate concentrates to Concerto through a three-year commitment that includes supply and purchasing minimums.

Key Points: 
  • Under the terms of the agreement, Rockwell Medical will be the primary supplier of liquid and dry acid and bicarbonate concentrates to Concerto through a three-year commitment that includes supply and purchasing minimums.
  • Concerto operates in eleven states — Illinois, Maryland, Kansas, Missouri, Indiana, Michigan, Ohio, Wisconsin, Georgia, Pennsylvania, and Delaware — and is launching operations in several additional states.
  • Based in Chicago, Concerto provides in-house services to more nursing home residents than any other provider in America.
  • "This is the second agreement that we have established over the past several weeks that will generate millions of dollars in revenue, annually, for Rockwell Medical.

Concerto Biosciences Announces Strategic Business Development Hire

Retrieved on: 
Montag, Februar 6, 2023

Concerto Biosciences, a biotechnology company designing microbial communities that restore health to our bodies and our environment, announced today that it has appointed Didier Vingadassalom, Ph.D., MBA, as Senior Director, Business Development.

Key Points: 
  • Concerto Biosciences, a biotechnology company designing microbial communities that restore health to our bodies and our environment, announced today that it has appointed Didier Vingadassalom, Ph.D., MBA, as Senior Director, Business Development.
  • He will be responsible for maturing the team’s business development infrastructure, evaluating co-discovery and co-development partnership opportunities, and helping prioritize internal technology development directions from a business development perspective.
  • “Didier has both a deep scientific background and years of business development experience— a potent combination and a perfect match for Concerto as our first senior director of business development,” said Cheri Ackerman, CEO of Concerto.
  • “Our science team already excels at rapidly discovering optimized microbial products with our kChip platform, and Didier will help us point that unique capability at pressing, high-value opportunities in collaboration with our partners.”
    Prior to joining Concerto Biosciences, Vingadassalom was senior director, business development and head of alliance management, SQZ Biotechnologies.

Generac Grid Services Reports 2022 as a Historic Year for Delivery of Its Grid Reliability Solutions

Retrieved on: 
Dienstag, Januar 17, 2023

DENVER, Jan. 17, 2023 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, today announced that the use of its Concerto™ platform to support utilities and energy markets has resulted in the delivery of more than 34 GWh of energy to the grid during periods of grid strain. This achievement marks the greatest annual use of Concerto™, the company's distributed energy resource (DER) control and optimization platform, to keep residential homes and commercial and industrial facilities powered throughout the year.

Key Points: 
  • This achievement marks the greatest annual use of Concerto™, the company's distributed energy resource (DER) control and optimization platform, to keep residential homes and commercial and industrial facilities powered throughout the year.
  • Generac Grid Services delivered historic grid reliability in 2022:
    Nearly 8,000 hours of cumulative DER dispatch from more than 20,500 commercial, industrial, and residential devices
    12 months of Concerto use 24/7, less software update times, for automatic frequency restoration reserve by one customer
    Global footprint with projects in North America, Europe, the Middle East, and Asia Pacific regions.
  • In addition to supporting energy grids during periods of high electricity demand, Generac Grid Services also helped utilities absorb excess renewable electricity generation.
  • The Concerto platform increased load by 106 MWh and reduced excess generations' dispatch back to the electricity grid.

Concerto Biosciences Raises $23 Million in Series A to Advance Product Development, Expand Pipeline

Retrieved on: 
Mittwoch, November 2, 2022

Concerto will use the investment to advance its first product through first-in-human studies, accelerate its discovery platform, and leverage the platform to expand its line of products in partnership with other companies.

Key Points: 
  • Concerto will use the investment to advance its first product through first-in-human studies, accelerate its discovery platform, and leverage the platform to expand its line of products in partnership with other companies.
  • Concertos foundational discovery platform, kChip, allows for rapid phenotypic screening of combinations of microbes to identify microbial ensemblesoptimally performing combinations.
  • Every plant, animal, and human being hosts a thriving ecosystem of microbes vital to its health, said Kehe, Chief Scientific Officer of Concerto.
  • Concerto Biosciences rebuilds microbial communities in, on, and around us to heal our bodies and our planet.

Generac Grid Services and Pearlstone Energy to Provide Flexible Capacity to the U.K. Grid

Retrieved on: 
Donnerstag, September 15, 2022

DENVER, Sept. 15, 2022 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, today announced that it has teamed with Pearlstone Energy Limited to provide energy management solutions to commercial and industrial facilities in the United Kingdom. Leveraging Generac Grid Services' Concerto™ software platform, Pearlstone Energy can provide its customers with cost savings, while also relieving strain on the U.K. power grid during periods of peak demand.

Key Points: 
  • Leveraging Generac Grid Services' Concerto software platform, Pearlstone Energy can provide its customers with cost savings, while also relieving strain on the U.K. power grid during periods of peak demand.
  • "Our customers rely on us to optimize their facility's energy consumption," said Dr. Azad Camyab, founder and chief executive officer of Pearlstone Energy.
  • "Generac Grid Services is thrilled to have entered the U.K. market with Pearlstone," said Jan Peter Moree, vice president of business development at Generac Grid Services.
  • Generac Grid Services is a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products.

Generac Grid Services Chosen to Deliver Comprehensive Distributed Energy Resource Management System to Dominion Energy Virginia

Retrieved on: 
Dienstag, August 30, 2022

DENVER, Aug. 30, 2022 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, today announced that it has been selected by Dominion Energy Virginia to provide the utility's single, comprehensive distributed energy resource management system (DERMS) solution using its Concerto™ platform. Dominion Energy Virginia will be able to use Concerto to control distributed energy resources (DERs) for grid reliability purposes, in addition to creating value for consumers by enabling approved DERs to participate in existing programs or through the PJM wholesale electricity market.

Key Points: 
  • DENVER, Aug. 30, 2022 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, today announced that it has been selected by Dominion Energy Virginia to provide the utility's single, comprehensive distributed energy resource management system (DERMS) solution using its Concerto platform.
  • The platform will also help Dominion Energy manage large front-of-meter devices, such as solar and energy storage.
  • "Generac Grid Services is pleased to support Dominion Energy with this important project," said James Carr, president of Generac Grid Services.
  • Generac Grid Services is a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products.

AUTEM THERAPEUTICS RAISES $10 MILLION SERIES A-1 FINANCING FOR NOVEL BIOELECTRIC CANCER TREATMENT PLATFORM

Retrieved on: 
Montag, Juni 6, 2022

Hanover, NH and Sao Paulo, Brazil, June 06, 2022 (GLOBE NEWSWIRE) -- Autem Therapeutics LLC (Autem Therapeutics or the Company), an emerging oncology therapeutic and bioelectric technology company, has announced the completion of its $10 million Series A-1 financing round.

Key Points: 
  • Hanover, NH and Sao Paulo, Brazil, June 06, 2022 (GLOBE NEWSWIRE) -- Autem Therapeutics LLC (Autem Therapeutics or the Company), an emerging oncology therapeutic and bioelectric technology company, has announced the completion of its $10 million Series A-1 financing round.
  • Autem Therapeutics is developing a novel bioelectric oncology treatment platform targeting Hepatocellular Carcinoma (HCC) and other solid tumor cancers.
  • Our team is passionate about developing a non-invasive, non-toxic, globally accessible cancer treatment to enhance the outcomes and lives of cancer patients worldwide.
  • Autem Therapeutics is a privately held oncology therapeutic and bioelectric company headquartered in Hanover NH, USA that is developing a novel, non-invasive and non-toxic oncology treatment platform targeting HCC (liver cancer) and other solid tumor cancers.

Generac Grid Services and German Utility RWE to Expand Collaboration

Retrieved on: 
Donnerstag, Juni 2, 2022

DENVER, June 2, 2022 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, and German utility RWE today announced an expanded collaboration after Generac Grid Services delivered an automatic, fast-power control virtual power plant (VPP) solution to an energy market within Germany for the past six months. The success sets the stage for the two companies to expand market operations, with a plan to launch two more market products this year.

Key Points: 
  • DENVER, June 2, 2022 /PRNewswire/ -- Generac Grid Services , a subsidiary of Generac Power Systems (NYSE: GNRC),a leading designer and manufacturer of energy technology solutions and other power products, and German utility RWE today announced an expanded collaboration after Generac Grid Services delivered an automatic, fast-power control virtual power plant (VPP) solution to an energy market within Germany for the past six months.
  • "Having proven the high value of Concerto in providing fast-responding flexible and sustainable capacity to the German grid, RWE is excited to grow our collaboration with Generac Grid Services."
  • "Generac Grid Services is proud to support RWE in providing grid-balancing solutions that support a reliable grid as more intermittent renewables connect to the system," said Michael Ruth, VP of Product at Generac Grid Services.
  • Generac Grid Services is a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products.

Generac Grid Services, PosiGen Announce a First-of-its-Kind Program to Expand Access to Clean Energy for Low- to Moderate- Income Residents

Retrieved on: 
Donnerstag, Mai 19, 2022

BRIDGEPORT, Conn., May 19, 2022 /PRNewswire/ -- Generac Grid Services, a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products, and PosiGen, a leading residential solar, energy efficiency, and energy education provider for low- to moderate-income residents, today announced they will expand access to clean energy storage through a new program that offers state-of-the-art battery backup and load-management systems to residents. The program, believed to be a first of its kind in the nation, will also provide power back to the electrical grid, helping to increase grid stability, while reducing reliance on fossil fuels.

Key Points: 
  • Generac Grid Services will manage and optimize each battery's contribution to the grid, using its Concerto distributed energy resource control platform.
  • Additionally, Generac Grid Services and PosiGen will work jointly to raise customer awareness of the program.
  • Generac Grid Services is a subsidiary of Generac Power Systems (NYSE: GNRC), a leading designer and manufacturer of energy technology solutions and other power products.
  • Headquartered inNewOrleans, PosiGen is the nation's leading residential solar, energy efficiency, and energy education provider for low-to-moderate income families.