HERNDON, Va.–(BUSINESS WIRE)–Greensmith Energy, one of the largest providers of energy storage software and turn-key solutions, announced 70 megawatts of energy storage deployments – all powered by the company’s proven GEMS software platform. While most of the capacity was integrated and installed by the company over the past two years, Greensmith is also reporting growth in software licensing as punctuated by the 53MWh software-as-a-service contract awarded earlier this year by Deltro Energy. Greensmith is on track to install over 100 megawatts of energy storage in 2016 after announcing last December, an $18.3 million round of growth funding led by American Electric Power and E.ON. Advanced, grid-scale systems delivered to large power producers and utilities drove most of the cumulative total, however, the company notes increased microgrid and behind-the-meter business in locations such as Puerto Rico and San Diego where the company deployed solar-integrated systems in 2015.
Greensmith Energy Secures Market Leader Position—Reaches 70 Megawatts of Energy Storage
on April 7, 2016
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