Investor-owned utility

FlexGen to Provide 420MWh of Energy Storage for Middle River Power Projects

Retrieved on: 
Tuesday, January 17, 2023

DURHAM, N.C. and CHICAGO, Jan. 17, 2023 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading battery energy storage solution and software technology provider, is announcing today that it has been selected to provide energy storage technology and software for 420MW of energy storage across four California sites to Middle River Power. The energy storage projects are collocated with existing simple cycle natural gas peaking plants, and the facilities will share interconnection facilities.

Key Points: 
  • Agreement Includes Four California Projects Co-Located with Turbine Peaker Plants: Projects will Run FlexGen's Sophisticated Software, HybridOS 10.2
    DURHAM, N.C. and CHICAGO, Jan. 17, 2023 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading battery energy storage solution and software technology provider, is announcing today that it has been selected to provide energy storage technology and software for 420MW of energy storage across four California sites to Middle River Power .
  • The energy storage projects are collocated with existing simple cycle natural gas peaking plants, and the facilities will share interconnection facilities.
  • "Energy storage is critical to the future of the grid, and FlexGen has spent the last decade honing our capabilities to deliver critical energy storage assets to our partners."
  • The Middle River Power projects build on FlexGen's rapidly growing fleet of energy storage assets operating throughout the United States with Investor Owned Utilities, Municipal and Cooperative Utilities, and Independent Power Producers.

Exceptional Results for Apogee Interactive’s Utility Clients in 2022

Retrieved on: 
Tuesday, January 17, 2023

ATLANTA, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Apogee Interactive, Inc. , a leading provider of customer engagement and energy analysis software for utilities, announced today record performance and results for their utility clients in 2022.

Key Points: 
  • ATLANTA, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Apogee Interactive, Inc. , a leading provider of customer engagement and energy analysis software for utilities, announced today record performance and results for their utility clients in 2022.
  • New functionality rolled out to existing Apogee clients in late 2022 includes Energy Monitor and an advanced EV Rate Calculator.
  • Jim Malcom, COO of Apogee Interactive, stated, “Apogee is pleased with the results our utility clients have seen in 2022 and are looking forward to expanding several large pilots to full scale in 2023.
  • Our robust digital platform, customized strategy, and ongoing support has proven to be an asset for our utility clients.”

FlexGen Expands Leadership with Key Executive Team Hires

Retrieved on: 
Tuesday, September 13, 2022

DURHAM, N.C., Sept. 13, 2022 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has announced two key executive hires to the company's leadership team. The company brings on Diane Giacomozzi as Chief Operating Officer and Hugh Scott as Chief Technology Officer. The expanded leadership team provides a strong foundation for continued growth for FlexGen. The company has announced $250 million in funding in the past year, most recently a $100 million Series C in July. Energy storage is positioned for record growth with the energy transition being further accelerated with the passage of the Inflation Reduction Act of 2022.

Key Points: 
  • DURHAM, N.C., Sept. 13, 2022 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has announced two key executive hires to the company's leadership team.
  • The expanded leadership team provides a strong foundation for continued growth for FlexGen.
  • "We are thrilled to welcome Diane and Hugh to the FlexGen executive team.
  • Hugh has held senior technology and P&L leadership roles in several industries including investment banking, telecommunications, retail and renewable energy.

Orbital Infrastructure Group Awarded a Multi-Year Electric Distribution Reconductor and Pole Replacement Project

Retrieved on: 
Tuesday, September 6, 2022

HOUSTON, Sept. 6, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) ("OIG") today announced that its subsidiary, Orbital Power Inc. ("OPI"), has been awarded a multi-year electric distribution project for an Investor-Owned Utility customer in Texas.

Key Points: 
  • HOUSTON, Sept. 6, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) ("OIG") today announced that its subsidiary, Orbital Power Inc. ("OPI"), has been awarded a multi-year electric distribution project for an Investor-Owned Utility customer in Texas.
  • The scope of work includes a reconductor and pole replacement program on approximately a 20 mile overhead and underground electric distribution circuit and related maintenance on feeder and service lines in conjunction with the system upgrade.
  • Orbital Infrastructure Group, Inc. (Nasdaq: OIG) is a diversified infrastructure services platform, providing engineering, design, construction, and maintenance services to customers in three operating segments; electric power, telecommunications, and renewables.
  • Orbital undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

FlexGen Partners with SMT Energy on 100MW Energy Storage Portfolio in Texas

Retrieved on: 
Wednesday, August 17, 2022

DURHAM, N.C., Aug. 17, 2022 /PRNewswire/ -- FlexGenPower Systems, Inc. ("FlexGen", or the "Company"), a leading energy storage technology platform and energy storage solution provider, today announced it has signed contracts to supply advanced energy storage systems and FlexGen HybridOS™ software for SMT Energy's portfolio of ten energy storage projects in Texas. The projects will be certified to all four ERCOT checklists to provide the full range of ancillary services to the ERCOT market. The projects will come on-line in phases from Spring through Fall of 2023. The plants, rated at 10MW and 9.95MWh of capacity utilize the latest in liquid cooled energy storage technology to provide maximum flexibility.   

Key Points: 
  • DURHAM, N.C., Aug. 17, 2022 /PRNewswire/ -- FlexGenPower Systems, Inc. ("FlexGen", or the "Company"), a leading energy storage technology platform and energy storage solution provider, today announced it has signed contracts to supply advanced energy storage systems and FlexGen HybridOS software for SMT Energy's portfolio of ten energy storage projects in Texas.
  • FlexGen is proud to partner with SMT Energy to deploy these advanced energy storage plants.
  • FlexGen's industry-leading HybridOS energy management system platform delivers the full stack of energy storage value, including ancillary services, capacity, and energy market.
  • To learn more, please visit www.flexgen.com
    SMT Energy is a U.S.-based developer of distributed generation and utility-scale renewable and energy storage energy projects.

FlexGen Announces FlexPod: Modular & Scalable Commercial and Industrial Battery Solution

Retrieved on: 
Monday, August 8, 2022

DURHAM, N.C., Aug. 8, 2022 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has launched FlexPod to revolutionize the energy storage solutions for distributed and behind-the-meter battery energy storage applications. The FlexPod suite of products has developed in a suite of standard sizes to meet a broad range of project requirements, are fully containerized, modular, and scalable. All of FlexGen's FlexPods include batteries, power conversion electronics, thermal management and fire suppression. Each FlexPod is enabled with the most intelligent energy management software in the industry, HybridOS, to enable advanced functionality, simplicity in operation, and adaptability over time. 

Key Points: 
  • DURHAM, N.C., Aug. 8, 2022 /PRNewswire/ -- FlexGen Power Systems , Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has launched FlexPod to revolutionize the energy storage solutions for distributed and behind-the-meter battery energy storage applications.
  • The FlexPod suite of products has developed in a suite of standard sizes to meet a broad range of project requirements, are fully containerized, modular, and scalable.
  • "Commercial and Industrial businesses need scaleable, flexible energy solutions now more than ever.
  • With FlexPod, we are enabling all energy consumers to realize the benefits of advanced energy storage," said Kelcy Pegler, CEO of FlexGen.

UtilityAPI Raises $10 million in Series A Funding Led by Aligned Climate Capital

Retrieved on: 
Tuesday, May 17, 2022

UtilityAPI today announced the close of Series A funding with a $10 million investment, led by Aligned Climate Capital .

Key Points: 
  • UtilityAPI today announced the close of Series A funding with a $10 million investment, led by Aligned Climate Capital .
  • It is estimated that companies using their services prevent about 15 million pounds of CO2 emissions every month.
  • Data access shouldnt be a roadblock to clean energy deployment, said Aligned Climate Capital CEO Peter Davidson.
  • Aligned Climate Capital LLC is an asset manager investing exclusively in the people, companies, and real assets that are decarbonizing the global economy.

Origis Energy Secures Innovative $375 Million Credit Facility for Solar and Energy Storage Development Pipeline

Retrieved on: 
Tuesday, May 3, 2022

Miami, May 03, 2022 (GLOBE NEWSWIRE) -- Origis Energy, one of Americas leading renewable energy platforms, today announced the close of a $375 million credit facility for its solar and energy storage development project pipeline.

Key Points: 
  • Miami, May 03, 2022 (GLOBE NEWSWIRE) -- Origis Energy, one of Americas leading renewable energy platforms, today announced the close of a $375 million credit facility for its solar and energy storage development project pipeline.
  • This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund Origis growing, nationwide presence of clean energy assets.
  • Origis has one of the largest solar and energy storage development platforms in the U.S.
  • The current 20+ gigawatt pipeline consists of utility-scale and distributed generation projects across solar, solar plus storage, and stand-alone storage technologies.

FlexGen Launches Plug & Play EV Charging Services

Retrieved on: 
Wednesday, February 16, 2022

DURHAM, N.C., Feb. 16, 2022 /PRNewswire/ -- FlexGen Power Systems , Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has launched Plug & Play FlexGen Electric Vehicle (EV) Charging Services utilizing its updated HybridOS 9.3 energy management system platform.

Key Points: 
  • DURHAM, N.C., Feb. 16, 2022 /PRNewswire/ -- FlexGen Power Systems , Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has launched Plug & Play FlexGen Electric Vehicle (EV) Charging Services utilizing its updated HybridOS 9.3 energy management system platform.
  • FlexGen's EV Charging Solution provides a containerized energy storage system that guarantees efficient and economical charging and optimizes energy consumption to ensure maximum value to the charging network operator.
  • In addition to energy services for EV Charging, HybridOS 9.3 expands Microgrid capabilities to ensure the charging stations can still deliver regardless of what is happening on the power grid.
  • FlexGen's Built-in EV Charging Services + Market Participation with HybridOS: FlexGen enables participation in regional power markets and demand response programs with integrated energy storage systems and EV charging solutions.

FlexGen Expands Leadership Team

Retrieved on: 
Tuesday, January 11, 2022

DURHAM, N.C., Jan. 11, 2022 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has announced Aruna Chandra as Executive Vice President and General Counsel.

Key Points: 
  • DURHAM, N.C., Jan. 11, 2022 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has announced Aruna Chandra as Executive Vice President and General Counsel.
  • Chandra joins FlexGen's Leadership Team and will oversee many aspects of the company including driving overall commercial success and negotiating complex commercial agreements.
  • "We are thrilled to have Aruna join the FlexGen team.
  • Aruna will be a valuable part of the team that will design and deliver the future of energy with these innovative companies," said Kelcy Pegler, CEO of FlexGen.