|Ashlawn Energy Member Spotlight|
Ashlawn Energy provides its VanCharg™ vanadium redox flow battery energy storage system, supporting demand management, demand response, and integration of renewable energy sources. The system is scalable and can be designed to serve almost any customer, ranging from commercial & industrial end users to transmission & distribution investment deferrals on behalf of the utilities. According to Ashlawn Energy’s website:
“VanCharg™ is an electrical storage system (battery) that stores enough electricity to provide back-up power to hundreds of homes and support the transmission and distribution of electricity. VanCharg™ reduces electricity costs and cuts carbon emissions by allowing customers to "beat the peak" and store less expensive and less polluting power produced at night for use during peak hours.
Beyond their advanced flow battery system, Ashlawn’s biggest strength is their project financing. Ashlawn works with customers to develop financing options that work for them, on a case by case basis. Ashlawn has experience working with PPAs, shared savings models, and a variety of other options to make energy storage a possibility for any customer. They have their own group of investors with whom they have built strong relationships and leverage these relationships to get projects built throughout the country.
Dr. Imre Gyuk, the DOE Director of
Energy Storage Research,
and Norma Byron, President of Ashlawn Energy.
May 16, 2018