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 00:00
NEW YORK, Aug. 18, 2018 /PRNewswire-PRWeb/ -- Ron Norman, CEO of Team Decades (http://www.teamdecades.com), strategy seminar today advises executive-level job candidates: The best way to take control is to ask a question! "I think a great way to...

17 aoû 2018
This week, online fashion retailer DressLily is celebrating its 6th birthday with its fans and followers by releasing special anniversary collections. Highlights include novelty utensils and creative floor decals that extend the DressLily mantra,...

17 aoû 2018
Luminos Labs, a digital commerce solution partner, today announced it has been awarded an elite Specialization classification for Episerver CMS, Digital Commerce, and Digital Experience Cloud enhancing its visibility and viability among Episerver's...

17 aoû 2018
Assure Holdings Corp. (the "Company" or "Assure") , a provider of intraoperative neuromonitoring services, reported financial results for the three months ended March 31, 2018, and revised results for the three months ended...

17 aoû 2018
Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that it has filed a new securities class action lawsuit on behalf of those who purchased or acquired the securities of Farmland Partners Inc. ("Farmland" or the...

17 aoû 2018
UFCW 1518 is urging members to vote no and reject the recommendations issued by Special Officer Vince Ready in a province-wide vote next week. In January, Sobeys closed 10 Safeway stores in British Columbia, suggesting it would reopen five of them...




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