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| Silent Power Selected to Compete at the 2009 Clean Energy Venture SummitSilent Power, a developer of smart grid solutions for utilities, was selected by this year's Clean Energy Venture Summit Committee to compete at the conference held in Austin, TX on October 14 and 15.
By: Wendy Prabhu As renewable energy becomes a significant part of our nation’s base load generation, utilities are planning to add a significant amount of energy storage on the grid. To answer this need Silent Power has created the OnDemand™ Energy Appliance, a solar and wind inverter technology that delivers utility scale storage by aggregating hundreds of kW sized storage devices attached to solar homes and businesses. By targeting homes or businesses that install solar photovoltaic, utilities can use Silent Power’s OnDemand™ product to add energy storage to these installations for $350/kWh by taking advantage of federal rebates available to “behind the meter” solar PV installations, a 65% savings to the utility. The benefits to the utilities are many, most notably shifting the solar peak to match the utilities peak demand as well as adding megawatts of expanded capacity that is available for demand response. The home and business owners will also enjoy the benefit of having backup power available for the times when the grid is not available. About Silent Power Silent Power Inc. (SPI) manufactures and markets easy-to-install, highly reliable, smart grid solutions for renewable energy integration and backup power markets. At SPI we are working to provide proven innovative technologies, focusing on reliability and customer satisfaction, that ultimately lead to better environmental outcomes. SPI is a U.S. based company located in the beautiful “Lakes Area” of central Minnesota. For more information, visit: http://www.silentpwr.com. About the Clean Energy Venture Summit The third annual Clean Energy Venture Summit (CEVS), “Bringing the Smart Grid to Life,” will bring together emerging clean energy technology companies, leading investors and a seven-member utility power panel on October 14 and 15. CEVS supports the Pecan Street Project, the most aggressive smart grid project in the nation. Distributed generation, renewable energy, demand management, transportation, storage and energy efficiency companies will compete for investor funding, attention from regional utilities and the title of “most promising early stage smart grid company.” Battery Ventures, Sevin Rosen Funds, DFJ Mercury, Applied Ventures, 21 Ventures, TXU Energy, Austin Energy, CenterPoint Energy, CPS Energy, Bluebonnet Electric and NREL are just some of this year’s participants. CEVS is the place to be for anyone serious about the smart grid. Learn more and register at http://www.budurl.com/ # # # About Mercom Capital Group Mercom Capital Group, LLC is a public relations, public affairs and market intelligence firm specializing in clean energy. At Mercom, we help clean energy companies build powerful relationships with media, analysts, government decision-makers and local communities. We arm our clients with timely market intelligence to ensure their competitive position and overall success. Mercom Capital Group is located in Austin Texas with offices in Bangalore India. For more information about Mercom Capital Group, visit: http://www.mercomcapital.com. To get a copy of Mercom’s popular market intelligence reports covering solar and smart grid, visit: http://mercomcapital.com/ End
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