September 30, 2016 7:23 PM ET

Electrical Equipment

Company Overview of Imergy Power Systems, Inc.

Company Overview

Imergy Power Systems, Inc. manufactures stationary energy storage solutions using flow battery technology. The company specializes in vanadium based flow battery systems. It offers energy storage platforms for buildings, factories, retail, military, hospitals, mining, hotels, campuses, telecom towers, base stations, homes, farms, villages, and communities. The company serves commercial and industrial, utilities, telecom, and residential markets. Imergy Power Systems, Inc. was formerly known as Deeya Energy, Inc. and changed its name to Imergy Power Systems, Inc. in December 2013. The company was founded in 2004 and is based in Fremont, California. It has operations in Europe, Asia, and the A...

48611 Warm Springs Boulevard

Fremont, CA 94539

United States

Founded in 2004

Phone:

510-668-1485

Fax:

510-991-9848

Key Executives for Imergy Power Systems, Inc.

Chairman and Chief Executive Officer
Age: 63
President and Chief Operating Officer
Age: 55
Chief Financial Officer
Age: 65
Senior Vice President of Manufacturing and Supply Chain
Age: 61
Chief Technology Officer
Compensation as of Fiscal Year 2016.

Imergy Power Systems, Inc. Key Developments

Imergy Power Systems and Juno Capital Group Sign 2-Year Exclusive Agreement

Imergy Power Systems and Juno Capital Group announced a 2-year exclusive partnership under which the two companies will prepare to provide China’s telecommunications market with consistent availability of cleaner, affordable energy. As part of the Agreement, Juno will work to facilitate Imergy’s energy storage systems for a pilot program that will precede wide-scale deployment. Juno will integrate Imergy’s Energy Storage Platform with renewable energy solutions into off- and weak-grid telecommunications installations across China that are currently supported by diesel based generation for their power requirements. This will enable Juno to help drive more cost-effective renewable solutions into China’s telecommunications industry during the project’s first phase. Future phases would include expansion into distributed energy storage applications for different industries.

Imergy Power Systems Appoints Aloke Gupta as Senior Director of Policy & Market Development

Imergy Power Systems announced that Aloke Gupta has joined the company as Senior Director of Policy & Market Development focused on energy policies and the rapidly growing Utility and Government sectors within the energy storage industry. Gupta spent six years at the Energy Division of the California Public Utilities Commission (CPUC).

SunEdison Purchases 1,000 Energy Storage Systems from Imergy

SunEdison, Inc. announced that it plans to purchase up to 1,000 vanadium flow batteries (over 100 megawatt hours) from Imergy Power Systems. The vanadium flow batteries will be used to store solar-generated electricity for SunEdison's rural electrification and solar powered minigrid projects in India.

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Recent Private Companies Transactions

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