Greensmith: segment-specific products in view

With new investment, Greensmith Energy Management Systems is set to develop sector-specific energy storage software packages and to expand internationally.

With new investment, Greensmith Energy Management Systems is developing sector-specific energy storage software packages and expanding internationally. Photo: Greensmith

By Jason Deign

Greensmith, the storage control system developer, is setting its sights on the development of sector-specific software packages after releasing new aggregation functionality this month.

Long-term the company is hoping to have a portfolio of sector-specific software packages similar to those found in enterprise resource planning, according to John Jung, chief executive.

Jung also told Energy Storage Report that Greensmith was planning to expand beyond its US homeland next year, with partnerships planned for next year across Europe and Asia.

It is already working beyond US borders, in Australia and Canada. “In places like the UK and Germany I’d be very surprised if we are not doing a number of projects in 2016,” Jung said.

“I think Korea, Japan and China also are major targets for us in 2016. Our approach to penetration isn’t to set up shop independently but to really work with the local power value chain that is already set up and established.

“We definitely expect to establish some base camps in some of those key countries.”
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Unleashing value in energy storage management systems

Advances in battery management systems and software are proving that the key to cost-effective energy storage might not be what you use… but how you use it. Photo credit: Greensmith Energy Management Systems

Recent advances in battery management systems and software could dramatically reduce the cost of energy storage. Photo credit: Greensmith Energy Management Systems

Recent battery management system advances are increasingly proving that the key to cost-effective energy storage might not be what you use… but how you use it.

Last year, for example, Energy Storage Report unveiled news of a French start-up called Enerstone, which is commercialising an active battery management system that can extend the lifespan of batteries by up to 30%.

The system monitors the health of each cell and redistributes loads so that “weaker ones work less than stronger ones, to extend the battery life to the benefit of the user,” explained Enerstone’s president and co-founder Alexander Chureau.

This month, meanwhile, a senior executive at Greensmith unveiled that its energy storage management systems had made it possible for lithium-ion batteries to beat lead-acid not just on performance but also on cost.

In one particular project, “the deployment of lithium-ion was half the price of lead-acid over the lifetime of the system, and it’s entirely due to software,” Leesa Lee, senior vice president, product management and marketing, told Energy Storage Report.
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