CleanSpark Inc (NASDAQ:CLSK), a diversified software and services company, has announced the commissioning of its software on a new solar plus storage microgrid project in Central America.
The company said it is partnered with an energy developer to deploy this unique solution for Micro Technologies SA, a major international assembly and manufacturing company. The microgrid is for their new factory located in the San Jose, Alajuela Province of Costa Rica.
The local clean-energy developer focuses on distributed power generation, storage, and management. They have installed some of the first microgrids in Latin America.
This collaborative project between the two companies will incorporate grid-tied solar and energy storage systems primarily to offset utility energy costs. The secondary function of the system is to provide backup power during utility outages from construction through commissioning of the complex, as well as when facility is fully operational.
CleanSpark is providing its patented mPulse controls with market-based forecasting and operation. The company has also procured and will incorporate the Tesla Inc. (NASDAQ:TSLA) PowerPack 2 battery energy storage system which will provide 558kW/1115kWh storage.
Additionally, the project's solar installation includes 480kW AC, 531kW DC of PV (photovoltaic) solar panels. This represents the second microgrid located in Costa Rica with an mPulse controller paired with a Tesla energy storage solution.
In a statement, Zach Bradford, CEO of CleanSpark commented: "We are extremely pleased to have partnered with local energy professionals on another microgrid project in Costa Rica. In addition to assisting the developer to provide resilient power and cost savings for MicroTech on a remote location, this system provides renewable clean-energy, an objective stated by the country of Costa Rica, in their pursuit of being powered by 100% renewables This edict is enthusiastically supported by CleanSpark and our local partners. We look forward to continuing to utilize our technologies to provide energy certainty, clean power, and cost avoidance throughout the region."
MicroTech is a components and systems manufacturer for Fortune 500 companies which represent a multitude of industries including robotics, automotive, aerospace, and telecommunications.
CleanSpark's mPulse controller will provide MicroTech with a means of reducing utility operating costs. This is accomplished by storing and/or shifting solar production through operation of the Tesla Powerpack ensuring consistent operation and resiliency. In the event of a power disruption from the grid, the energy storage system will be utilized to provide backup electricity to the manufacturing facility.
This will help significantly reduce the financial impact associated with power outages during the manufacturing process of these sensitive products and equipment. The utilization of the AC-coupled solar array, also operated and managed by CleanSpark's mPulse software, will further extend the resiliency of the system.
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