MITSUBISHI POWER ANNOUNCES PREVALON, STANDALONE COMPANY DEDICATED TO FAST-GROWING BATTERY ENERGY STORAGE MARKET


-Prevalon Power LLC is established as an entirely owned subsidiary of Mitsubishi Energy Americas -Current battery vitality storage options enterprise transfers to the newly shaped “Pvalon” with devoted research of innovation and development in battery vitality storage

Mitsubishi Energy Americas (Mitsubishi Energy) has restructured and restructured its battery vitality storage options (BESS) enterprise right into a standalone and legally separate firm, PrevalonTM (pronounced preh-vuh- lon). Designed as a devoted pure-play automobile for innovation and development within the battery vitality space for storing, Prevalon enters the market with a longtime observe file, robust pipeline of world mission, and confirmed expertise from Mitsubishi Energy’s BESS enterprise.

This strategic shift is step one to empower Prevalon to pay attention independently on battery vitality storage and positions the corporate as a think about adopting technological advances and attracting investments within the quickly altering -or vitality switch scene.

Prevalon brings important expertise from Mitsubishi Energy’s BESS enterprise – greater than 30 tasks, and three gigawatt hours (GWh) of utility-scale battery vitality storage methods (BESS) deployed worldwide. With this BESS worldwide expertise, Prevalon is effectively positioned to function as a confirmed and established enterprise, with the agility of a “start-up.” This may empower clients to deploy renewable battery vitality storage options as a strategy to facilitate a extra sustainable vitality future.

The brand new entity retains the prevailing management crew, expertise and repair choices, staff, and different property from Mitsubishi Energy’s BESS international enterprise. Prevalon will proceed to supply an built-in end-to-end battery vitality storage resolution, renamed the “Privalon Battery Power Storage Platform,” designed to be versatile to particular mission wants with a strong, clever, and cyber safe vitality administration system that will even function the inspiration for Prevalon’s monitoring and diagnostic providers enterprise.

“Because the velocity of the vitality transition will increase, it’s crucial that superior expertise options comparable to battery vitality storage sustain,” mentioned Invoice Newsom, President and CEO, Mitsubishi Energy Americas. “With the institution of Prevalon, we’re assured that its devoted deal with battery vitality storage options and providers will unlock extra worth for this enterprise to maintain tempo with this hyper-growth vitality storage market in battery. That is an instance of Mitsubishi Energy’s dedication to aligning and structuring its companies in a means that gives added worth and focused experience within the ever-changing vitality transition.”

“As we speak marks an thrilling milestone for our crew,” said Tom Cornell, President & CEO, Prevalon. “Establishing Prevalon as a pioneering pressure dedicated to innovating services and products within the sector is a response to the rising demand within the subject of battery vitality storage. Our core mission is to design and -deploy secure, dependable, safe, and groundbreaking battery vitality storage options, contributing to a extra sustainable future. This imaginative and prescient drives our unwavering dedication to creating tailor-made options to our clients, fast-track progress in direction of a clean vitality transition.”

About Mitsubishi Energy Americas, Inc.

Mitsubishi Energy Americas, Inc. (Mitsubishi Energy) headquartered in Lake Mary, Florida, employs greater than 2,800 energy era, vitality storage, and digital options consultants and professionals. Our staff are targeted on empowering clients to affordably and reliably battle local weather change whereas additionally advancing human prosperity all through North, Central, and South America. Mitsubishi Energy’s energy era options embrace gasoline, steam, and aero-derivative generators; energy trains and energy islands; geothermal methods; PV photo voltaic mission growth; environmental management; and providers. Power storage options embrace inexperienced hydrogen, battery vitality storage methods, and providers. Mitsubishi Energy additionally gives clever options that use synthetic intelligence to allow autonomous operation of energy crops. Mitsubishi Energy is an influence options model of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is likely one of the world’s main heavy equipment corporations with engineering and manufacturing companies spanning vitality, infrastructure, transportation, aerospace, and protection. For extra data, go to the Mitsubishi Energy Americas web site and comply with us on LinkedIn.

About Prevalon Power LLC

Dedication, reliability, experience. These are the values ​​that information our resolution making, design philosophy, and relationship constructing. Prevalon Power LLC (Pvalon), a Mitsubishi Energy Americas firm, empowers corporations to deploy versatile vitality options and speed up a extra sustainable vitality future. With 10 years of world battery vitality storage expertise and over 3 GWh of utility-scale battery vitality storage tasks deployed, Prevalon creates an end-to-end built-in battery vitality storage resolution that delivers all the lifecycle of your tasks and ensures efficiency. From design and engineering, integration of vitality administration methods, commissioning, and long-term service packages, the Prevalon Battery Power Storage Platform meets the calls for of your vitality system now and sooner or later. For extra data, go to PrevalonEnergy.com and comply with us on LinkedIn.



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