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EnerSys Wins 50 Unit Order for its Fast Charge and Storage System

storage system EnerSys

EnerSys Wins 50 Unit Order for its Fast Charge and Storage System.

EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, today announced that Landmark Dividend LLC (“Landmark”), a global leader in the acquisition, development, and management of real estate and digital infrastructure, has placed an order for 50 units of EnerSys’s proprietary and revolutionary energy storage and management systems which enables energy optimization through various applications including demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles (EVs).

EnerSys’s unique Fast Charge and Storage (FC&S) solution, provides energy management capability to enable customers to optimize their energy consumption by proactively managing energy demand to eliminate short-term peaks, taking pressure off the electrical grid, and reducing peak rate electricity surcharges. In addition, the system is controlled by sophisticated software, ensuring that it operates efficiently and allowing remote monitoring of its performance and reliability.

EnerSys’s dynamic fast charging application converts AC power to DC, which allows the EV charger to interact directly with the vehicle’s battery system, charging it quickly and efficiently. The system, known as a Level 3 charger, provides over 150kW of power per pedestal with four pedestals per system. The system’s attractive design and compact footprint make it ideal for installation in retail parking lots, where consumers can recharge their vehicles while shopping. EnerSys is delivering the only system combining energy management with 1.2MWh of energy storage capacity and dynamic DC fast charging with parallel charging capabilities from a single pedestal.

David M. Shaffer, EnerSys President & CEO, said:

We are tremendously excited to work with Landmark as our launch customer on this truly groundbreaking technology.

“EnerSys’s energy management system combined with fast charge and storage technology is an example of our industry-leading innovation and our ability to deliver differentiated solutions which solve critical energy management challenges. We are very proud to be leaders in advancing sustainability and electrification globally.”

“This important order demonstrates our consistent execution on our growth strategy and is just the beginning of the full commercialization of FC&S which we previewed during our recent investor day. We are well-positioned to benefit from an enormous market opportunity as the need for energy optimization increases and access to resilient and reliable power is critical to enable the growing demand for public DC fast charging stations.”

Tim Brazy, Chief Executive Officer of Landmark Dividend, said:

This innovative energy storage and management technology is an ideal solution for both our commercial property owners and electric vehicle owners.

“EnerSys provides a complete system enabling property owners to optimize their energy use and reduce electricity costs while offering dynamic EV fast charging in a small footprint. We are very pleased to work with EnerSys to provide the most sustainable, efficient solutions for our landlord partners, EV charging customers, and the communities in which we operate.”

Landmark has been collaborating with EnerSys as its initial launch customer throughout the design and development phase of this innovative solution. Landmark placed the order for 50 units, with an initial tranche of 15 units to be installed at 15 distinct sites by mid-year 2024. This order includes all components of EnerSys’s innovative end-to-end solution, consisting of a battery energy storage system, a power conversion system, dynamic DC fast charging pedestals, and software.

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EnerSys Wins 50 Unit Order for its Fast Charge and Storage System. source

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