Le Lézard
Classified in: Oil industry, Health, Science and technology, Business
Subject: LIC

CleanSpark Provides a Best-in-Class Microgrid Solution to the Marijuana Industry



SALT LAKE CITY, Oct. 3, 2017 /PRNewswire/ -- CleanSpark, Inc. (OTC: CLSK), a microgrid company with advanced engineering, software and controls for innovative distributed energy resource management systems, today announced that Green Dragon, a Controlled Distribution Agriculture cannabis company based in North Hollywood, Calif., has contracted CleanSpark as their microgrid solutions provider.

The first phase of the Green Dragon microgrid will employ solar, energy storage, and advanced controls to immediately reduce the monthly electricity bill of the indoor grow facility by 82%. Key to the system's aggressive payback schedule is CleanSpark's mPulse software that will virtually eliminate the demand charges which previously accounted for almost 50% of Green Dragon's monthly bill. Turnkey financing solutions are being provided by Salveson and Associates of Newport Beach, Calif.

Kent Salveson commented, "We are very well versed in distributed energy and alternative technologies, but we have never seen anything as flexible as CleanSpark's microgrid platform. With it, we can not only model the 20-year performance of the microgrid, but also customize the hardware used in the project to choose technologies that specifically attack both demand charges and base-load power, while maintaining a technologically agnostic platform that will allow us to add new technologies as they become available."

CleanSpark has designed a 'best-in-class' solution for the Marijuana market to meet the significant and growing energy demands of the industry. Cannabis projects, including both retail (dispensary) and agricultural (grow) facilities, require a large amount of consistent electricity, and these businesses are among the largest users of electricity. This project will be phased to accommodate the growth plans of Green Dragon, under the first phase CleanSpark expects to recognize approximately $660,000 in total revenue. 

About CleanSpark, Inc.

CleanSpark provides advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. Our services consist of intelligent solar monitoring solutions, microgrid design and engineering, project development consulting services, system installation and consulting, and turn-key microgrid implementation services. We also combine our microgrid services with a revolutionary and patented stratified downdraft gasifier. The gasifier was developed with partners such as Petersen, Inc., Combustion Resources and others to create a logical solution for profitably handling MSW, Coal, Plastics, Municipal Sewage and many other feedstocks. By integrating new and existing energy generation and storage assets with advanced load management capacities, CleanSpark's software allows energy generated locally to be shared with other interconnected microgrids. This unique capability enables microgrids to be scaled and widely adopted for commercial, industrial, military, municipal, and remote community deployment.

For more information on CleanSpark, please visit http://www.cleanspark.com.

Contact - Investor Relations:

Brett Maas

Managing Partner, Hayden IR

(646) 536-7331

brett@haydenir.com

 

SOURCE CleanSpark, Inc.


These press releases may also interest you

at 12:03
Editors Note: There is a photo associated with this press release. Bombardier Commercial Aircraft announced today that it recently signed a seven-year Smart Parts agreement with Widerøes Flyveselskap AS (Widerøe) to provide component...

at 12:02
Spark451, a leading higher education enrollment technology and marketing firm, has announced the launch of Element451®, an intelligent admissions marketing platform. Automation, analytics, and unparalleled ease of use are at the core of this new...

at 12:01
Today, Huawei held the Global Financial Services Industry (FSI) Summit, with the theme "Leading New ICT, Accelerating New Digital Finance Transformation" at the Shangri-La Hotel in Beijing. This summit attracted more than 800 financial customers and...

at 12:01
As a new business partner to the National Association of ACOs (NAACOs), MobileHelp® Healthcare, a leader in personal and enterprise healthcare technology, will be displaying new chronic care solutions at Table #7 at the NAACOs spring conference this...

at 12:00
Sales are up 4% at 282 M? EBITDA is up 4.3% at 29 M?  Novasep, a leading supplier of services and technologies for the life sciences industry, today announces a +4% increase of sales and a +4.3% increase in its EBITDA for 2017.      (Logo:...

at 12:00
BETHESDA, Md., April 25, 2018 /PRNewswire-PRWeb/ -- Dig-It! Games, an entertainment and education game company, is pleased to announce that their perspective-shifting new puzzle game "Roterra" inspired by classical literature will be releasing this...




News published on 3 october 2017 at 08:00 and distributed by: