Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 29, 2015 6:17 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: 62
President and Chief Operating Officer
Age: 54
Chief Financial Officer
Age: 64
Managing Director of India and Senior Vice President of Asia Pacific
Senior Vice President of Manufacturing and Supply Chain
Age: 60
Compensation as of Fiscal Year 2015.

Imergy Power Systems, Inc. Key Developments

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.

Imergy Power Systems Introduces ESP250 Series Flow Batteries for Grid-Scale, Commercial and Industrial Energy Storage

Imergy Power Systems introduced its new ESP250 series of vanadium flow batteries. Featuring an output power capability of 250 kilowatts, 1 megawatt hour of energy storage capacity and a modular design that supports linking of multiple batteries into a single Energy Storage Platform (ESP), the ESP250 provides utilities, renewable energy developers and commercial and industrial customers with a low-cost, high-performance energy storage solution for large-scale energy storage applications. Potential applications for the ESP250 include peaker plant replacement, transmission and distribution investment deferral, renewables management, microgrid implementation or back-up power system delivery. Customers can also use the ESP250 for multiple applications, such as frequency regulation and peak shaving, thereby increasing their return on investment (ROI). The ESP250 series, the latest in a series of storage systems form Imergy, uses secondary sources of vanadium like mining slag, fly ash, and other environmental waste. As a result of this technology and other developments, the ESP250 features a low Levelized Cost of Energy (LCOE), making it one of the most affordable battery options available for large-scale energy storage applications on the market. The ESP250 modules measure approximately 12 meters (two stacked 40 foot shipping containers), with available energy ranging from 2 to 12 hours of output duration. ESP250 modules can be linked together to form Energy Storage Platforms capable of delivering megawatts of power and storing megawatt hours of energy. The system provides power security (can operate in full islanded mode) and power quality (with fast response time for seamless power source transitions, load transients, and photovoltaic system firming). The ESP250 also incorporates fast charge capabilities and controls and electronics, and can be remotely managed using secure Linux- and Windows-based integrated dispatch optimization software. The ESP250 operates within a far wider temperature range than lithium ion or other storage solutions and is air-cooled. The storage duration can be extended by increasing electrolyte concentration and volume. Built in a modular fashion from replaceable components, the ESP250 has a lifetime that is effectively unlimited. Worldwide customer delivery of the ESP250 will begin in the summer of 2015.

Similar Private Companies By Industry

Company Name Region
ION³ Corporation United States
Macon Electric Coil, Inc. United States
Powerit Holdings, Inc. United States
Lin Engineering, Inc. United States
Alpha Wire Company United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 25, 2015
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Imergy Power Systems, Inc., please visit www.imergypower.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.