Eguana Tech AC battery used in Pason software controls

2017-02-01 12:02 ET - News Release

Mr. Justin Holland reports
EGUANA PARTNERS WITH PASON SYSTEMS INC. ON ALBERTA INNOVATES ENERGY STORAGE PROJECT
Pason Systems Inc. has completed integration of its energy management software (EMS) controls with Eguana Technologies Inc.'s AC (alternating current) battery and is joining Eguana's Alberta Innovates-funded commercial energy storage demonstration project as the EMS partner. Pason's EMS will be installed as part of Eguana's commercial AC battery to demonstrate demand charge reduction and renewable integration through behind-the-meter energy storage in the Alberta market.  "We are very fortunate to have such a strong partner joining this project and our industry," said Brent Harris, chief technology officer at Eguana Technologies. "Pason has demonstrated incredible technological leadership in the oil and gas industry, and is bringing that experience and capability to the electricity market at a time of great technological change."

The inclusion of Pason, a Calgary-headquartered company, completes a strong Albertan partnership on the project, alongside original partners Eguana and Enmax Energy Corp. Through the partnership, Pason and Eguana have established integration of their technologies to be able to serve energy storage applications across North America and are evaluating the broader market opportunity to collaborate to deliver energy storage solutions to commercial customers in Alberta.

"We are excited to partner with Eguana, given its long history and its advanced inverter technology," said Kevin Lo, vice-president of new ventures at Pason. "We believe that energy storage and control is an emerging market into which Pason can provide value from our deep monitoring and controls experience in the oil and gas industry."
Equipment installation at the host site is planned for mid-2017.

About the AC battery
The Eguana AC battery is a certified, grid-ready, power-control solution preintegrated with LG Chem lithium-ion batteries. Eguana's solution can be seamlessly integrated with a local energy management system or a distributed fleet control network using open communication protocols to provide a fully functional energy storage installation. The AC battery provides maximum flexibility for system aggregators which want to deploy it as a stand-alone product, as part of new solar storage installations or as a retrofit to solar PV (photovoltaic) installations already in place.
About Eguana Technologies Inc.
Eguana Technologies designs and manufactures high performance power controls for residential and commercial energy storage systems.
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