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 that it has entered into a Power Purchase Agreement (PPA) with a Hawaii-based food processing company. The DER system is designed to provide sustainability and electrical resiliency by adding solar plus storage at the processor’s site, while also supporting expansion of grid service capabilities with the local utility.
Based on Oahu, the food processing company selected EnSync Energy’s DER platform technologies to expand upon the processing company’s sustainability and energy resiliency goals. This project will triple the capacity of the food processor’s onsite solar PV array, as well as add energy storage and upgrade their energy management system with new IOE DER Flex™ software to prepare them for electricity program changes in late 2017.
When the project is complete the company will have more than 600 kilowatts of solar PV onsite and 850 kilowatt-hours of hybrid energy storage to provide for both power and energy requirements. The power controls and energy storage will reside in two EnSync Energy SuperModule™, 20′ containers that can quickly be placed and connected at the site.
“We’re looking forward to helping a company with such deep Hawaiian roots and commitment to sustainability goals further enhance their operations with electricity cost management and renewable energy resilience,” said Brad Hansen, CEO of EnSync Energy. “This opportunity, developed by EnSync’s project development subsidiary Holu Energy in Honolulu, will meet the processor’s desire for uninterruptible power and long term energy resilience, ensuring reliable operation of their refrigeration assets, as well as other critical operations at the food processing and distribution facility.”
The system will meet immediate needs by allowing the facility to enroll in HECO’s upcoming grid services programs in return for compensation from the utility for operating energy storage in a manner that concurrently supports the grid. When needed, the energy stored in the batteries will help maintain the company’s critical operations, such as processing and refrigeration at full operation for several hours.
To prepare the company for energy program changes scheduled later in 2017, and to add more value to their overall system, EnSync Energy’s DER Flex™ IOE technology will be deployed. Specifically, DER Flex makes it possible for the company to participate in upcoming grid programs and in return receive compensation. Enrollment in programs like fast frequency response and non-spinning auto reserves would require the batteries to discharge energy when called upon by a local utility during a grid disturbance.
