SOURCE: Greensmith

Greensmith

April 23, 2015 12:05 ET

Greensmith Named to Greentech Media's Grid Edge 20

RESTON, VA--(Marketwired - Apr 23, 2015) - Greensmith, a leading provider of grid-scale energy storage software and integration solutions, was named to Greentech Media's Grid Edge 20 today as one of the twenty most innovative firms working to architect the electric power industry's future. Awardees were selected based on their contribution to grid edge technology transformation, increasingly critical at a time when utility business models are facing change and more distributed energy resources are coming online.

"It is an honor to be recognized by Greentech Media as a company leading the transformation of the grid edge," said Greensmith CEO John Jung. "This recognition further validates our belief that advanced energy storage software can help utilities maximize the value of their grid edge infrastructure investments."

Greentech Media -- with extensive industry reach and analytical expertise -- leveraged ongoing interaction with power utilities as well as energy stakeholders and other thought leaders to identify the Grid Edge 20. Greentech Media's Grid Edge Executive Council members also voted to help determine the final award recipients.

"The Grid Edge 20 is an annual benchmark for our industry," said Steve Propper, Director of Grid Edge at Greentech Media. "This year's group is made up of technology vendors making the greatest impact on the market in terms of deploying disruptive solutions commercially. It also includes utilities making smart investments to optimize their distribution network architecture and prepare for the future architecture of the grid."

The Grid Edge 20 is part of the Grid Edge program at Greentech Media, which includes original research from GTM Research, the Grid Edge Executive Council, events such as Grid Edge Live 2015 and ongoing news and multimedia coverage.

Grid Edge Live 2015, being held in San Diego, CA from June 23-25, will bring together Grid Edge 20 companies and more than 500 executive and thought leader attendees. The event will highlight how grid modernization technologies, the advanced energy consumer and new policies and business models are transforming the future of the electric grid. Greensmith is pleased to be one of the Grid Edge 20 companies participating in the event.

About Greentech Media:
Greentech Media delivers business-to-business news, market analysis and conferences that inform and connect players in the global clean energy market. Our coverage area extends across the clean energy industry with a focus on solar power and the electric utility market's evolution. Greentech Media's industry-leading coverage is provided by a team of analysts from our market intelligence arm, GTM Research, as well as our world-class journalists and global network of expert contributors. Learn more at www.greentechmedia.com.

About Greensmith:
Greensmith's mission is to make energy storage a fundamental component of a cleaner, more advanced energy infrastructure. Its intelligent and flexible GEMS software platform optimizes the performance of a grid-scale energy storage system's batteries, inverters and other hardware, lowering costs and improving the system's return on investment. Greensmith delivered one-third of the energy storage capacity installed in the United States in 2014. Its GEMS energy storage software platform is currently used by 19 customers for multiple applications at over 40 different sites, including the single largest battery-based power system deployed globally in 2014, which provides 24x7 frequency regulation services. Learn more at www.greensmith.com.

Contact Information