Lawmakers Are Igniting a Monumental Boom for the Microgrid Industry

Lawmakers could be a major catalyst for microgrid technology. In fact, many are starting to incorporate microgrids into their climate strategies. In a roadmap released by the U.S. Select Committee on the Climate Crisis called “Solving the Climate Crisis, “the plan seeks net-zero emissions by 2050 through a multi-decade strategy to drastically reduce emissions, heavily invest in clean energy technologies and resilient infrastructure, and prioritize environmental justice and equality,” as noted by Microgrid Knowledge. Part of the proposal highlights microgrid development and deployment as part of its major strategies. In addition, according to JD Supra, “Distributed energy resources and microgrids would be developed to decrease dependence on a central grid.” Some of the top companies to watch on microgrid news are CleanSpark, Inc. (NASDAQ:CLSK), Tesla Inc. (NASDAQ:TSLA), Ballard Power Systems Inc. (NASDAQ:BLDP) (TSX:BLDP), Advanced Energy Industries Inc. (NASDAQ:AEIS), and General Electric Company (NYSE:GE).

CleanSpark, Inc. (NASDAQ:CLSK) BREAKING NEWS: CleanSpark, Inc., a diversified software and services company, announces the launch of its partnership program. Participating partners will have access to CleanSpark’s mVSO energy project modeling software, proposal support, and co-marketing suite of services. Additionally, the Company is proud to share a recent IBM case study, available at https://ir.cleanspark.com/

CleanSpark’s partnership program will provide a way for battery manufacturers, energy developers, EPC’s (Engineering, Procurement, and Construction Companies) and solar installers to work directly with CleanSpark and offer its software and controls as part of ongoing project proposals or as a re-seller. The program launch will feature partners including Bay Area Energy Solutions, Inc. a Northern California company that provides microgrid services to estate homes and commercial businesses including wineries, a rapidly growing market segment for distributed energy resource management systems.

In addition, the program will provide partners admittance to the new online partner portal where they will have use of CleanSpark’s mVSO proposal and design software at preferred pricing for the partner’s internal use. The CleanSpark partner portal will also streamline access to training, marketing materials, documents, and communication tools to help increase sales and productivity between the companies. For premier or strategic partners, CleanSpark will also provide co-marketing matched funds for online, co-branding, or joint tradeshow opportunities.

Amer Tadayon CRO of CleanSpark commented, “Making an investment in growing our partnerships is an exciting step for CleanSpark. We recognize that our company has become an integral part of educating, presenting and winning energy proposal projects. Enabling our partners to offer a more complete solution, we believe, will ultimately result in substantially more installations.”

Zach Bradford, CEO of CleanSpark said, “We are excited to announce the first formal partnership with Bay Area Energy Solutions and look forward to working with them to bring CleanSpark’s unique solutions to their clients. Launching this platform represents a significant strategic milestone to increasing our reach and market share in the industry. We look forward to announcing additional strategic partnerships in the coming weeks.”

Joel Ware, owner of Bay Area Energy Solutions said, “We have worked with CleanSpark on projects in the past and we were happy to hear about their new partnership program and to officially become a member. This program will give us the tools to jointly bid and promote projects easier and with additional support from the CleanSpark team.”

Other related developments from around the markets include:

Tesla Inc. (NASDAQ:TSLA) will post its financial results for the second quarter of 2020 after market close on Wednesday, July 22, 2020. At that time, Tesla will issue a brief advisory containing a link to the Q2 2020 update, which will be available on Tesla’s Investor Relations website. Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook.

Ballard Power Systems Inc. (NASDAQ:BLDP)(TSX:BLDP) will hold a conference call on Thursday, August 6, 2020 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review second quarter 2020 operating results. The live call can be accessed by dialing +1-604-638-5340. Alternatively, a live webcast can be accessed through a link on Ballard’s homepage (www.ballard.com). Following the call, the webcast will be archived in the ‘Earnings, Interviews & Presentations’ area of the ‘Investors’ section of Ballard’s website.

Advanced Energy Industries Inc. (NASDAQ:AEIS) announced it will unveil three new solutions for advanced technology node semiconductor wafer processing during the SEMICON®West 2020 virtual conference taking place July 20 to 23. “Semiconductor manufacturing is growing and rapidly transforming with the rise of the 4thIndustrial Revolution. AE is at the forefront with power solutions that enable smaller features, faster processes, tighter control and lower cost of ownership, which our customers rely on to make the chips that fuel the data economy,” said Peter Gillespie, vice president and general manager, semiconductor, Advanced Energy. “Formerly almost hidden from view, process power is now increasingly recognized as a critical enabler in wafer processing. We look forward to sharing our products that ‘power the process’ as well as exhibiting, for the first time, products that ‘power the platform’ with AE’s Artesyn Embedded Power portfolio of offerings.”

General Electric Company (NYSE:GE) and Uniper have signed an agreement aiming at a long-term collaboration on the decarbonization of Uniper’s gas-fired power plants and natural gas storage facilities. GE’s Gas Power business and Uniper will explore, assess, and develop technology options for decarbonization — GE’s first fleet-wide decarbonization program signed with a major power producer. This agreement — signed in June 2020 — aims at producing a detailed decarbonization roadmap by a joint working group composed of both GE and Uniper representatives by early 2021. This roadmap is to develop an assessment of potential upgrades and R&D programs needed to drive decarbonization, including increasing the use of emissions-friendly hydrogen in GE gas turbines and compressors in Uniper’s power plants and gas storage facilities across Europe.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for CleanSpark, Inc. by a third party. We own ZERO shares CleanSpark, Inc. Please click here for full disclaimer.

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