KYLE, Texas--(EON: Enhanced Online News)--Xtreme Power, a world leader in integrated power management and energy storage solutions, unveiled its new 1MW, 60 minute system for Texas’ Center for the Commercialization of Electric Technologies (CCET), a collaborative research and development consortium bringing together state university research centers, energy utilities and electric industry leaders. The project is included in a U.S. Department of Energy smart grid demonstration analyzing the benefits of using energy storage for wind energy integration.
“Now with our world-class partner Samsung SDI, we continue to build the leading energy storage and delivery systems in the market.”
The CCET project in Lubbock, Texas, marks the first time Xtreme Power’s PEAK Series system has used lithium ion batteries from Samsung SDI – building on a partnership that began early this year. The CCET system is owned and operated by a consortium including top educational institutions such as Texas Tech University, the Southern Plains Electric Cooperative and Group NIRE, and will be used to demonstrate energy storage applications including renewables integration and grid support services.
“The CCET project is proof again that Xtreme Power’s product and service solutions solve grid stability challenges and provide improved electric grid power quality and at the same time the integration of renewable generation resources,” said Alan Gotcher, Chief Executive Officer of Xtreme Power. “Now with our world-class partner Samsung SDI, we continue to build the leading energy storage and delivery systems in the market.”
The Xtreme Power system at CCET will help pave the way for enhanced grid flexibility, showcasing how energy storage helps more renewables come online to realize a clean energy future.
“Samsung SDI is pleased to have partnered with Xtreme Power for the CCET project to demonstrate the benefits of integrating renewable power with energy storage,” said Mas Fukumoto, Senior Vice President Energy Solutions America of Samsung SDI.
The CCET project indicates that Texas is helping to lead the way to further technologies that will enable a more reliable, efficient and sustainable electric grid to meet current and forecasted power demand.
About Xtreme Power
Xtreme Power provides scalable, real-time power management and energy storage solutions that enable a more sustainable, reliable, and cost effective electric grid. Xtreme Power’s systems combine real time controls and intelligent power conversion systems with efficient energy storage technology engineered specifically to the needs of its customers. Xtreme Power enables multiple participants and technologies to simultaneously operate on the electric grid providing new flexibility that has never been possible before. Xtreme Power is a US company backed by investors SAIL Capital Partners, Bessemer Venture Partners, The Dow Chemical Company, Fluor Corp., BP Alternative Energy, Dominion Resources, POSCO ICT, Skylake & Co. and Spring Ventures, LLC. A 2012 Bloomberg New Energy Pioneer, Xtreme Power earned the 15th spot on Inc. Magazine’s 500|5000 list of the fast growing private companies in the U.S. in 2012 – the company’s second year in a row making the list. For more information, please visit http://www.xtremepower.com.