Convergent Energy + Power to Install GE Energy Storage System for Ontario Grid Operator

DALLAS, The Associated Press (May 27, 2015) – GE’s (NYSE:GE) renewable energy business today announced it will supply Convergent Energy + Power with a 7 megawatt (MW)-7 megawatt hour battery energy storage system for the Ontario Independent Electricity System Operator (IESO). The complete solution features GE’s Mark* VI plant control system with SCADA, Brilliance* MW Inverters, packaged lithium ion battery modules, medium-voltage transformers and switchgear integration.

“Convergent is thrilled to be working with GE’s energy storage team on this important project for the Ontario IESO,” said Frank Genova, COO of Convergent Energy + Power. “GE worked with us to create a fully integrated energy storage solution that meets the growing needs of the local transmission system. The project utilizes reliable GE equipment and products ranging from enclosures through the point of utility interconnection—a strategy that is cost-efficient, simplifies system warrantees and guarantees and provides a financeable solution to our customers.”

The new system is expected to help the IESO balance longer duration voltage and frequency irregularities in the area. While it was engineered primarily to provide ancillary power services, including voltage control, reactive power support, frequency regulation and ramp rate control, the control system also offers energy related services such as peak shaving and load shifting, depending on the IESO’s needs.

“We are pleased to be working with Convergent by developing energy storage technology that will help Ontario better manage its future energy needs,” said Jeff Wyatt, general manager of GE’s energy storage business. “Battery energy storage systems are a great way to provide flexibility to the grid.”

GE recently expanded its energy storage portfolio, and this deal marks the second system to utilize lithium ion battery modules. Last month, the company announced it would support Con Edison Development with an energy storage project in California.

The deal includes delivery of all equipment and installation support plus GE performance guarantees. Commercial operation is expected to begin in the fall of 2016.

About Convergent Energy + Power
Convergent Energy + Power is a technology-neutral energy storage asset development company with experience across a wide range of applications, from smaller-scale commercial and industrial to MW-scale grid-level projects. The company performs all aspects of the asset development cycle, including project-specific opportunity identification and economic evaluation, contract and financial structuring, design, financing, development and ongoing operations. www.convergentep.com

About GE
GE (NYSE:GE) imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physical and digital worlds in ways no other company can. In its labs and factories and on the ground with customers, GE is inventing the next industrial era to move, power, build and cure the world. www.ge.com

About GE Power & Water
GE Power & Water provides customers with a broad array of power generation, energy delivery and water process technologies to solve their challenges locally. Power & Water works in all areas of the energy industry including renewable resources such as wind and solar; biogas and alternative fuels; and coal, oil, natural gas and nuclear energy. The business also develops advanced technologies to help solve the world’s most complex challenges related to water availability and quality. Power & Water’s six business units include Distributed Power, Nuclear Energy, Power Generation Products, Power Generation Services, Renewable Energy and Water & Process Technologies. Headquartered in Schenectady, N.Y., Power & Water is GE’s largest industrial business.

Follow GE Power & Water and GE’s renewables business on Twitter @GE_PowerWater and @GErenewables.

* Trademark of General Electric Company.

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Contact Information
GE Power & Water
Nikolas Noel, +1-518-385-6090
nikolas.noel@ge.com

Shaun Wiggins, +1-518- 385-5992
shaun.wiggins@ge.com

Convergent Energy + Power
Tremor Temchin, +1-310-562-2423
ttemchin@convergentep.com