EnerSys' Investment in Altergy Systems Expands Collaboration to Bring Green Standby Power Technology to Market
"We see increasing customer demand for hybrid system applications. Our investment in Altergy Systems enables us to offer Extended Run Time Solution technology as an alternative to diesel generators," said John Craig, chairman, president and CEO of EnerSys. "We expect that this investment will create a revenue stream for EnerSys with the opportunity to supply the new hybrid markets, complement existing offerings and provide new opportunities for our service offerings."
"This expanded alliance allows Altergy to leverage EnerSys' impressive and extensive sales force to deepen the market penetration of these proven, low cost, backup power systems. We are pleased with the progression of our relationship with EnerSys, and believe that with their help, we can Change the Way the World Gets Its Power," said Eric Mettler, president and CEO of Altergy.
Hybrid systems, which may apply a combination of fuel-cell, wind and/or solar power, cause no carbon emissions and very low levels of noise, making them a desirable alternative to diesel-powered standby generators for operations located in or near residential areas. They also support equipment that runs continually where the power grid is unreliable or nonexistent. These systems use batteries to bridge power.
The Extended Run Time Solution combines EnerSys' PowerSafe((R)) batteries and Altergy's proprietary Freedom Power((R)) hydrogen fuel-cells. This unique combination of SBS EON thin plate pure lead battery technology and Altergy's advanced fuel cells and high speed, automated manufacturing capability provide customers with durability, consistency, quality, and availability.
The Extended Run Time Solution standby power system can be programmed and monitored fully from remote locations. With one of the highest power densities in the industry, it also offers the smallest footprint of all standby power systems available to the telecommunications industry.
EnerSys' PowerSafe SBS batteries provide back-up power for common outages, such as those caused by lightening strikes, while Altergy's Freedom Power Systems provide back-up power for longer duration power outages.
About EnerSys
EnerSys, the world leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide. Reserve power batteries are used in the telecommunications and utility industries, uninterruptible power supply industry, and numerous applications requiring standby power. Motive power batteries are utilized in electric fork trucks and other commercial electric powered vehicles. The Company also provides aftermarket and customer support services to its customers from more than 100 countries through its sales and manufacturing locations around the world. For more information, contact Richard Zuidema, executive vice president, EnerSys, P.O. Box 14145, Reading, PA 19612-4145, USA. Tel: 800-538-3627; Website: http://www.enersys.com/.
About Altergy
Altergy Systems(R) is the global leader in the design, manufacture, sales, marketing and deployment of fuel cell power systems. Altergy's Freedom Power(TM) products are rugged, fully integrated, modular, scalable and highly-efficient fuel cell systems that generate power at the point-of-use making low cost, distributed power generation a reality and provide the solution to the serious global shortage of premium power and the growing demand for low cost, high quality power. Altergy's unique design allows fuel cells to be manufactured in high volume at low cost, making widespread use feasible. These Freedom Power products provide freedom from the grid, freedom from foreign oil, freedom from traditional energy solutions, and freedom from pollution and are "Changing the Way the World Gets Its Power." More information regarding Altergy can be found at http://www.altergysystems.com/
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SOURCE EnerSys
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