While the conventional grid is failing across the country, microgrids, such as those supporting a Boys and Girls Club and a children’s hospital, have become a staging center for the community due to their reliable power sources being provided by microgrids. As a result, Puerto Rico is now contending with brownouts and rolling blackouts across the grid due to it’s a weakened infrastructure. On JanuThe New York Times reported on the precarious situation in Puerto Rico resulting from the January 7 th earthquakes and said, “The facility that produces the most electricity on the island, the Costa Sur power plant, may not return to service for up to a year”. “These deployments provide economic benefits to their owners on an ongoing basis, but also provide our customers and the surrounding communities with secure power sources in times of grid disruption including those resulting from natural disasters. “Our Automatic Transfer Switch Solutions are designed to serve critical microgrid deployments and we are seeing indications of a notable increase in demand for these solutions in 2020,” said Zach Bradford, Cleanspark’s CEO. Based on continued positive demand trends, the Company anticipates receiving additional follow-on orders before the end of January. The Company has already shipped $302,000 of previous equipment orders during the first 20 days of 2020. The follow-on order placed by our current customer is on the back of a previously announced $2.5 million order in May 2019 and $359,000 order announced on December 20, 2019.
It also allows the end user the opportunity to participate in regional energy markets when it makes financial sense to sell surplus power back to the grid.ĬleanSpark's new orders were composed of a total of four units ordered by two customers with one being a new customer and the other a current customer. The Company's Intelligent ATS switchgear is used to automatically transfer power supply from its primary source to a backup source when it senses a failure or outage in the primary source, thus assuring uninterrupted power.
Cleanspark fire software#
(OTCQB: CLSK), a software company with advanced engineering, software and controls for innovative microgrid and distributed energy resource management systems today announced that it has received $238,000 in new orders for its intelligent automatic transfer switch (ATS) since the first of the year. 21, 2020 (GLOBE NEWSWIRE) - CleanSpark, Inc.
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