BOSTON, Nov. 7, 2017 /PRNewswire/ -- EnSync, Inc. (NYSE
American: ESNC), dba EnSync Energy Systems, a leading developer of
innovative distributed energy resources (DERs), and DCfusion, a
subsidiary of EnSync Energy and pioneer in direct current (DC)
system engineering design, consulting and policy, have been
contracted to design and manage the Net Zero Zone and Microgrid
Showcase at this year's Greenbuild International Conference and
Expo, the world's largest green building conference. The design
leverages EnSync Energy's Matrix® Energy Management system and DER
Flex™ Internet of Energy software to create a microgrid that will
power a part of the exhibition.
Greenbuild's Net Zero Zone reflects the growing interest in
reducing carbon dioxide emissions from buildings, which account for
a whopping 39 percent of emissions in the United States—more than
any other sector. The exhibition showcases technologies that will
help building operators achieve net zero emissions by producing
enough renewable energy to offset the energy consumed.
"Getting to 'net zero' is possible with the right tools," said
Dan Nordloh, executive vice
president of EnSync Energy. "Adding renewable energy sources
requires managing DERs in a synchronized manner. At Greenbuild, we
will demonstrate how our adaptable hardware-software system manages
these energy sources to prioritize and deliver the highest
value, most reliable electricity for buildings. Our technology
simplifies the complexities behind transitioning to the future of
power: cleaner, distributed energy."
DCfusion is engineering the alternating current (AC)/DC hybrid
microgrid, and EnSync Energy's technologies will serve as its
control center. The Net Zero Zone will also provide connections for
companies to demonstrate their technologies working in real time –
including energy storage batteries, hydrogen fuel cells and more.
EnSync Energy's command center – utilizing its Matrix Energy
Management and DER Flex technology – will gather data and
determine which power sources to prioritize and ensure the loads
are supplied with the most effective energy. The showcase's lead
organizer is the EMerge Alliance, an open industry association
leading the adoption of DC power distribution in commercial
buildings through the development of EMerge Alliance standards.
DCfusion is an active member.
The Net Zero Zone and Microgrid Showcase will be located on the
main exhibition floor of the Boston Convention and Exhibition
Center on November 8 through 10. The
Net Zero Zone microgrid will be powered from solar arrays located
outdoors near the showcase. An "Unplugging Ceremony," during which
the Net Zero Zone will officially go "off the grid" for the
remainder of the conference, will take place on November 8 at 10:15 a.m.
Eastern Time.
About EnSync Energy Systems
EnSync, Inc. (NYSE American: ESNC), dba EnSync Energy Systems
(EnSync Energy), is creating the future of electricity with
innovative distributed energy resource (DER) systems and internet
of energy (IOE) control platforms. EnSync Energy ensures the most
cost-effective and resilient electricity, delivered from an
electrical infrastructure that prioritizes the use of all available
resources, such as renewables, energy storage and the utility grid.
As project developer, EnSync Energy's distinctive engagement
methodology encompasses load analysis, system design consulting,
and technical and financial modeling to ensure energy systems are
sized and optimized to meet our customers' objectives for value and
performance. Proprietary direct current (DC) power control
hardware, energy management software, and extensive experience with
numerous energy storage technologies uniquely positions EnSync
Energy to deliver fully integrated systems that provide for
efficient design, procurement, commissioning, and ongoing
operation. EnSync Energy's IOE control platform adapts easily to
ever-changing generation and load variables, as well as changes in
utility prices and programs, ensuring the means to make or save
money behind-the-meter, while concurrently providing utilities the
opportunity to use DERs for an array of grid enhancing services. In
addition to direct system sales, EnSync Energy includes power
purchase agreements (PPAs) in its portfolio of offerings, which
enables electricity savings for customers and provides a stable
financial yield for investors. EnSync Energy is a global
corporation, with joint venture Meineng Energy in
AnHui, China, and energy project
development subsidiary Holu Energy LLC in Hawaii, and DCfusion LLC, a power
system engineering and design, consultancy and policy firm. For
more information, visit www.ensync.com.
Safe Harbor Statement
Certain statements made in this press release contain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended that are intended to be
covered by the "safe harbor" created by those sections.
Forward-looking statements, which are based on certain assumptions
and describe our future plans, strategies and expectations, can
generally be identified by the use of forward-looking terms such as
"believe," "expect," "may," "will," "should," "could," "seek,"
"intend," "plan," "estimate," "anticipate" or other comparable
terms. Forward-looking statements in this press release may address
the following subjects among others: project completion timelines,
our ability to monetize our PPA assets, statements regarding the
sufficiency of our capital resources, expected operating losses,
expected revenues, expected expenses and our expectations
concerning our business strategy. Forward-looking statements
involve inherent risks and uncertainties which could cause actual
results to differ materially from those in the forward-looking
statements, as a result of various factors including those risks
and uncertainties described in the Risk Factors and in Management's
Discussion and Analysis of Financial Condition and Results of
Operations sections of our most recently filed Annual Report on
Form 10-K and our subsequently filed Quarterly Reports on Form
10-Q. We urge you to consider those risks and uncertainties in
evaluating our forward-looking statements. We caution readers not
to place undue reliance upon any such forward-looking statements,
which speak only as of the date made. Except as otherwise required
by the federal securities laws, we disclaim any obligation or
undertaking to publicly release any updates or revisions to any
forward-looking statement contained herein (or elsewhere) to
reflect any change in our expectations with regard thereto or any
change in events, conditions or circumstances on which any such
statement is based.
Media Relations Contact:
Antenna
Shreema Mehta
ensync@antennagroup.com
(646) 416-9853
EnSync Energy Media Contact:
Michelle
Montague
mmontague@ensync.com
(262) 735-5676
Investor Relations Contact:
Lytham Partners,
LLC
Robert Blum, Joseph Diaz, or Joe Dorame
(602) 889-9700
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SOURCE EnSync, Inc.