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EnSync Contracted as Energy Technology Provider for Native American Tribe's Community and Emergency Response Center
[April 11, 2017]

EnSync Contracted as Energy Technology Provider for Native American Tribe's Community and Emergency Response Center


MILWAUKEE, April 11, 2017 /PRNewswire/ -- EnSync, Inc. (NYSE MKT: ESNC), dba EnSync Energy Systems, a leading developer of innovative distributed energy resource (DER) systems and internet of energy (IOE) control platforms for the utility, commercial, industrial and multi-tenant building markets, today announces it will be supplying its Matrix Energy Management and DER Flex™ technologies, to serve as the platform for immediate and long-term energy and sustainability goals of the Chemehuevi Native American tribe's community center in San Bernardino County, California. The platform technology will support peak load, demand reduction, and additional energy strategies developed by the University of California Riverside research team, while also providing capability to interface with the local utility for grid services and spot market sale of electricity. EnSync Energy's DER system will integrate a 90 kilowatt solar PV array, and energy storage totaling 125 kilowatt-hours.

University of California Riverside's Southern California Research Initiative for Solar Energy (SC-RISE) obtained California-state funding to build a commercially available system for the tribe that demonstrates DERs and grid load management, while addressing energy resiliency and reliability issues at the community center, which also serves as the tribe's Emergency Response Center. The SC-RISE team introduced EnSync Energy's integrated technology solutions as a short and long-term partner in reducing the community center energy costs immediately, and establishing a platform for utilizing EnSync Energy's DER Flex IOE software, to prioritize electrical applications, and enable aggregation and monetization of distributed generation assets.

"Our research team at the university has significant goals for helping our partners at the Chemehuevi tribe reach true resiliency at their site, and we feel the Matrix technology and forward-thinking software like DER Flex are an ideal fit for attaining those goals," said University of California Riverside SC-RISE Managing Director, Alfredo Martinez-Morales, PhD. "The EnSync Energy technology goes beyond the traditional standard inverter technology to provide a truly integrated platform that doesn't require multiple vendors to get involved and numerous software upgrades down the road, which is a great option for this project with the Chemehuevi community," he added.

"This partnership will accomplish many goals of the tribe by not only reducing their electricity costs and adding resiliency during critical times and emergency situations, but also establishing them at the forefront of using generation assets to participate in real-time utility and ISO energy markets," said Brad Hansen, CEO and President of EnSync Energy Systems. "We believe that building the bridge between DER users and utilities through our DER Flex® IOE software in this economically challenged region is one small step towards closing the green divide found in communities across America."

The project is scheduled to be commissioned in 2017.

About EnSync Energy Systems

EnSync, Inc. (NYSE MKT: ESNC), dba EnSync Energy Systems, 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: 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.



Investor Relations Contact:                     

EnSync Energy Media Contact:

Lytham Partners, LLC                                

Michelle Montague 

Robert Blum, Joseph Diaz, or Joe Dorame     

mmontague@ensync.com 

(602) 889-9700                                             

(262) 735-5676


 

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ensync-contracted-as-energy-technology-provider-for-native-american-tribes-community-and-emergency-response-center-300437751.html

SOURCE EnSync Energy Systems


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