Princeton Power Systems Provides CODA Energy Holdings Scalable, Cost-Effective Energy Storage Solutions for Skyrocketing Utility Expenses

CODA Energy Holdings designs and builds scalable energy storage solutions that support a smarter, cleaner, and more reliable grid. The CODA Core™ combines advanced lithium-ion cells with a proven battery management system and optional temperature management unit. CODA’s integrated operating system is tailored for the application-specific needs of an end user. CODA Energy’s storage systems scale seamlessly from kilowatts to megawatts and are optimized for generation, distribution and behind-the-meter applications for commercial & industrial end users.

SITUATION

CODA Energy Holdings needed to address ever-increasing demand charges for commercial buildings in markets in the Northeast and California, including New York, Boston, Chicago, San Francisco, Los Angeles and San Diego, through energy storage. CODA Energy Holdings selected Princeton Power Systems to supply power inverters along with its energy storage product to help curb utility expenses for commercial office buildings in six major market areas.

PRINCETON POWER SYSTEMS GTIB-30 AND GTIB-100

By using Princeton Power Systems’ GTIB-30 and GTIB-100 power inverters, commercial buildings can locally store energy to help offset peak demand through improved energy management and significantly lower their monthly utility bills.

Introduced in 2008, the Princeton Power Systems' GTIB-100 was the first bi-directional inverter designed for advanced batteries, solar, Introduced in 2008, the Princeton Power Systems' GTIB-100 was the first bi-directional inverter designed for advanced batteries, solar, on-grid and off-grid applications. The GTIB-100, is Princeton Power’s flagship product and has been chosen for best in class microgrid applications around the world for the past five years. The Princeton Power Systems GTIB-30 is a 30kW grid-tied inverter that offers high efficiency, proven reliability, and unprecedented flexibility.

CRITICAL ENERGY STORAGE PROVIDED WHILE LOWERING PEAK DEMAND CHARGES

In markets such as California and New York, skyrocketing demand charges can add up to more than half of a commercial customer’s utility bill. The partnership between Princeton and company Coda Energy Holdings will supply inverters and energy storage systems to commercial building operators to help reduce demand charges for commercial buildings.

ABOUT PRINCETON POWER SYSTEMS - CLEAN POWER MADE SIMPLE™

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