Annual Award from Greentech Media Highlights Electric Grid Innovators Kennett Square, PA – April 12, 2017 Tangent Energy Solutions, Inc. today announced that it has been named as a 2017 Grid Edge Award winner by Greentech Media. Each year, Greentech Media seeks to highlight the industry leaders paving the way toward tomorrow’s distributed energy system. The Grid Edge Award represents the top twenty companies or projects that showcase innovative products, introduce new business models to the electric sector, or otherwise present alternative ways of managing the electric grid that are more efficient and reliable. Tangent Energy […]
$90M in Project Financing Closed in November Ensures a Fast Start in 2017 Kennett Square, PA – November 30, 2016 Tangent Energy Solutions, Inc. today announced that it closed Distributed Energy Resource (DER) project contracts totaling $101 million during the second half of 2016. Tangent also announced that in November it closed project financing agreements from Generate Capital and Constant Energy Capital totaling $90 million. DER projects closed in the second half of 2016 included a major solar installation and contracts for edgeGEN natural gas generators. edeGEN™ is a new offering that combines […]
edgeGEN™ combines Cummins generators with Tangent DERMS technology for C&I energy users Kennett Square, PA and Columbus, IN – October 24, 2016 – Tangent Energy Solutions, Inc. and Cummins, Inc. (NYSE: CMI) today announced the formation of a joint venture named Tangent Generation Resources, LLC. The newly formed JV will market edgeGEN™, a line of natural gas generators equipped with Tangent AMP™, a Distributed Energy Resource Management System (DERMS). Tangent Generation Resources will sell through municipal utilities and energy retailers to help commercial and industrial (C&I) customers manage energy consumption on the grid while reducing their costs. Tangent Generation Resources is […]
Integrated Generator-DERMS offering empowers customers to capitalize on grid economics Columbus, IN and Kennett Square, PA – February 26, 2015 – Cummins Inc. (NYSE: CMI) and Tangent Energy Solutions are partnering to bundle clean diesel and natural gas generators with a Distributed Energy Resource Management System (DERMS) helping commercial and industrial customers manage energy consumption on the grid while reducing their costs. The partnership of Cummins, a global power leader that manufactures, distributes and services diesel and natural gas engines and related technologies, and Tangent, a leading provider of Distributed Energy Resources (DER), will make […]
Peak Management Offering Predicts and Manages ICAP and Transmission Costs Foxboro, MA and Kennett Square, PA — January 14, 2015 – Energy New England, LLC (ENE), an energy cooperative of municipal electric utilities operating throughout New England and Tangent Energy Solutions, Inc., a Distributed Energy Resources (DER) company, today announced a new offering that lowers costs and improves reliability by empowering municipal utilities and their customers to reduce ICAP and transmission costs. The program will roll-out immediately with an initial emphasis on enlisting Massachusetts municipal utilities and their customers in order to impact monthly transmission costs and the 2015/2016 ICAP […]
Includes 23MW solar facility developed as a Demand Design PLUS™ initiative by Tangent Energy CHARLOTTE, N.C. – Duke Energy today announced a $500 million commitment to a major expansion of solar power in North Carolina. This culminates the company’s request for proposals (RFP) issued in February 2014 for new solar capacity. It will help Duke Energy further its commitment to renewable energy, diversify its energy portfolio and meet North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard (REPS). It also provides customers greater access to renewable energy in a cost-effective manner. (read the full press release here)
FOR IMMEDIATE RELEASE Partnership will empower companies to predict and manage demand peaks Kennett Square, PA—November 15, 2013—Usource, an energy services company that provides customized energy management and procurement services to commercial, industrial, and institutional customers in deregulated markets, and Tangent Energy, the leading provider of customer-side technology solutions for energy markets, today announced a partnership that enables Usource to secure lower energy costs for customers that use Tangent’s technology to manage energy during narrowly targeted high-cost periods on the energy grid. The ability to provide competitive prices for energy customers is driven by two key considerations: market […]
NEW YORK: June 23, 2013 â€“ Greenwood Energy, the North American clean energy division of the Libra Group, has completed the purchase of a total of approximately two megawatts (MWp) in capacity of solar projects to be located in Wilmington, Delaware. The â€˜Peninsulaâ€™ projects, each approximately 1MWp in size, were originally developed by Tangent Energy Solutions, Inc. Already in construction and expected to reach commercial operation by October 2013, the projects will be constructed by Greenwood Energyâ€™s joint venture partner Greenwood Biosar under an engineering, procurement and construction (EPC) contract.
SPRINGFIELD, Ohio, April 22, 2013 â€“ Assurant Specialty Property, one of Springfieldâ€™s largest employers, marked Earth Day by dedicating the areaâ€™s newest, largest solar energy installation.
More than 6,200 solar panels, installed on rooftops and atop 15 new parking canopies over the prior six months, are now supplying power to Assurantâ€™s campus off East Leffel Lane. Springfield Mayor Warren Coleman and State Rep. Ross McGregor were on hand for the dedication.
The Departments of Citywide Administrative Service and Environmental Protection today announced an innovative solar power public-private partnership to reduce the Cityâ€™s carbon footprint, improve air quality, and increase the reliability of the electricity grid, particularly during the hottest months of the year. Tangent Energy Solutions, a private energy services company, will install solar arrays totaling more than 1.85 megawatts on the roofs of four City buildings in Staten Island and the Bronx. Together, the solar installations will produce more than 2 million kilowatt hours of electricity annually â€“ enough to power 245 residential homes â€“ decrease greenhouse gas emissions by 1,636 metric tons a year and help reach the Cityâ€™s PlaNYC goal of reducing its emissions of greenhouse gas by 30 percent by 2030. In addition, under the program, which comes with no upfront capital cost, the City will not be responsible for purchasing, owning, installing or maintaining the system, and can purchase the electricity generated from it. As a result, the City is set to save more than $8 million compared to the cost of installing the solar systems through its capital construction program, and the four projects will help bring more than 40 new green jobs to the city and pave the way for more similar projects â€“ both public and private.