Energy Storage Appliance manages power consumption.

Press Release Summary:



With GreenStation™, industrial and commercial ratepayers can manage power consumption and rising demand charges. Appliance consists of stochastic controller with Version 2.0 control software that monitors facility loads on second-by-second basis and counteracts peaks and valleys by discharging and charging from lithium ion storage bank. Net result in flattened power load curve during peak consumption periods.



Original Press Release:



Green Charge Networks Announces Breakthrough in Power Efficiency Using Energy Storage at Intersolar 2013, Booth 8149



SANTA CLARA, Calif. and BROOKLYN, N.Y., -- Green Charge Networks today announced the company's next step in delivering power efficiency, using ROI-Driven Energy Storage at Intersolar North America (Booth #8149).  The GreenStation(TM) is an energy storage appliance that empowers industrial and commercial ratepayers to manage power consumption and rising demand charges.  The product is easy to install and maintenance-free while providing fast and reliable ROI. The GreenStation(TM) 2.0 has been field-tested in partnership with the U.S. Department of Energy (DOE) through a 3-year long Smart Grid Demonstration program in New York City. The patent pending technology is an updated stochastic controller with sophisticated software that monitors facility loads on a second-by-second basis and counteracts the peaks and valleys by discharging and charging from the lithium ion storage bank. The net result is a flattened power load curve during peak consumption periods, with positive financial implications for the customer, electric utility, and renewable adoption.  Our existing customers are reaping benefits of up to 15% reduction in their monthly electricity bills, and the 2.0 control software will significantly drive further savings.



Highlights of GreenStation(TM) Product Offering:

2.0 Version of Control Software

Complimentary to PV Solar / Rate Engineering

Field-tested in New York City for over a year



Invitation to Green Charge Networks exhibit at Intersolar 2013, San Francisco, CA

Moscone West Convention Center, July 9 - 11, 2013 | 2nd Level | Booth 8149



Additional information about Green Charge Networks and its products are available on the Company's website www.greenchargenet.com or from the Company directly.



About Green Charge Networks

Green Charge Networks is the leader in Power Efficiency.  We specialize in energy storage solutions that enable the usage of high-powered electrical equipment without causing extreme energy consumption peaks. This avoids expensive demand charges on the electricity bill and utility infrastructure upgrades. When paired with solar, our solution can steer customers into more attractive tariff rates.  Our solution was developed in partnership with leading utilities around the country, the U.S. Department of Energy, and Fortune 500 customers. GCN is based in Santa Clara, CA with offices in Brooklyn, NY.



Contact: Tram Tran, 650-265-8300



Web Site: http://www.greenchargenet.com

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