Settlement Covers 4 California Tasks With Turbine Peaker Vegetation: Tasks Will Run FlexGen’s Subtle Software program, HybridOS 10.2
FlexGen Energy Methods, Inc. (“FlexGen”, or the “Firm”), a number one battery power storage options and software program know-how supplier, introduced at the moment that it has been chosen to supply power storage know-how and software program for 420MW of storage in power all through. 4 places in California to Center River Energy. Power storage initiatives are built-in with current easy cycle pure gasoline peaking crops, and the services will share interconnection services.
Collocating pure gasoline peaking services with battery storage leads to vital reductions in greenhouse gasoline emissions whereas sustaining dependable, versatile reserve capability. The battery services will likely be used to retailer extra carbon-free energy in the course of the day and launch it when it’s most wanted in the course of the evening hours, making higher use of those treasured renewable sources. and might present necessary companies to the market. As well as, gasoline generators will transmit much less incessantly than at the moment, leading to decrease emissions, whereas remaining obtainable to transmit throughout excessive situations.
“California has turn into a worldwide chief in driving the clear power transition, and this group of recent initiatives is one other necessary milestone in offering the state with a dependable grid constructed on a basis of unpolluted power. We’re proud to companion with Center River Energy to ship elevated grid reliability and repair to California residents and companies,” mentioned Kelcy Pegler, CEO of FlexGen. “Power conservation is crucial to way forward for the grid, and FlexGen has spent the final decade growing our capabilities to ship crucial power storage property to our companions.”
“We’re happy to work with FlexGen to carry these progressive initiatives to fruition, integrating extra renewable power whereas growing a sturdy grid. peak hours, whereas sustaining our pure gasoline facility as a versatile, dependable backstop” mentioned Mark Kubow, President of Center River Energy. “We’re excited to introduce our first tranche of initiatives that take a significant step in serving to California transition to extra renewable sources.”
FlexGen is devoted to offering best-in-class service and efficiency for its prospects, searching for to make sure security, reliability, and stability in all operational environments. FlexGen’s industry-leading HybridOS power administration platform delivers the total stack of power storage worth, together with companies, capability, and power market gross sales. Center River Energy’s initiatives construct on FlexGen’s quickly rising fleet of power storage property working throughout the US with Investor Owned Utilities, Municipal and Cooperative Utilities, and Impartial Energy Producers.
About FlexGen Energy Methods, Inc.
Primarily based in Durham, NC, FlexGen is a number one integration companies and software program know-how supplier for power storage options in the US and world wide. FlexGen designs and integrates storage options and the software program platform that permits at the moment’s power transition. Leveraging best-in-class power administration software program and energy electronics, FlexGen delivers utility-scale storage initiatives built-in with conventional and renewable energy technology worldwide. Our purchasers and companions embrace probably the most technical and industrial wants of builders, utilities, authorities companies and industrial corporations on this planet. To study extra, please go to www.flexgen.com.
About Center River Energy
As a part of its initiatives within the energy sector, Avenue Capital established a completely owned impartial energy firm, Center River Energy, LLC (“MRP”), in 2016 to function , managing and growing greater than 3,000 MW acquired by Avenue and developed via managed funding funds. Primarily based in Chicago, MRP is led by a group of energy sector professionals with intensive expertise in managing, growing and optimizing US energy property. With a devoted growth group, MRP has been in a position to lead the industrial growth and implementation of utility grid-scale photo voltaic plus storage and standalone storage growth property in California.