{"id":11128,"date":"2015-02-26T11:40:15","date_gmt":"2015-02-26T10:40:15","guid":{"rendered":"http:\/\/www.electropowersystems.com\/?p=23"},"modified":"2015-02-26T11:40:15","modified_gmt":"2015-02-26T10:40:15","slug":"electro-power-systems-chooses-france","status":"publish","type":"post","link":"https:\/\/devplugin.interactionfarm.com\/?p=11128","title":{"rendered":"Electro Power Systems chooses France"},"content":{"rendered":"

Paris, 26th January 2015<\/strong> \u2013 Electro Power Systems (EPS), the forerunner in smart hydrogen-based systems for energy storage, announces it has established its headquarters in France.<\/p>\n

Electro Power Systems\u2019 CEO, Carlalberto Guglielminotti, declared: \u201cFrance is leading the Energy Transition in Europe and globally. Its environment for innovative energy companies is very dynamic, especially for a growing energy company specialised in hydrogen storage technologies, our core expertise. Moving EPS\u2019 headquarters to France is a logical milestone in EPS\u2019 development.
\nFrance will host the United Nations Climate Change Conference in 2015 and gather Europe\u2019s major actors in the Energy Transition. It is our ambition to participate in these critical changes that will transform the use of renewable energy sources and smart grids. EPS\u2019 solutions are at the forefront of the challenges of clean energy storage, and best positioned to unlock the potential of the Energy Transition. For all these reasons we are very happy to establish our headquarters in France and we look forward to developing our business and partnerships in France and elsewhere in Europe\u201d.<\/p>\n

A successful path to growth<\/strong>
\nElectro Power Systems, originally headquartered in Turin, was founded in Italy in 2005 and incubated by the Politecnico di Torino University. Since 2007, EPS has developed hydrogen based power systems to provide backup power solutions, mission critical applications and, generally, to compensate for primary power outages. In 2012, the Group presented ElectroSelfTM, an innovative battery technology that vertically integrates the hydrogen power system, the energy management and the on-site generation of hydrogen and oxygen. This new hydrogen battery, entirely internally developed and manufactured, integrates a high pressure electrolyser through smart electronics into a patented open architecture.<\/p>\n

ElectroSelf™, thanks to its unique self-recharging, modular and close-loop technology, is the first commercial power-to-powerenergy storage application to be based on hydrogen and vertically integrated. This technology allows any end-user to finally go off-grid and, thanks to its open architecture, can also be easily coupled with other battery-based technologies to increase their storage capacity and reduce the overall plant cost and footprint: this is HyESS, a Hybrid Energy Storage System. The Group will pursue with ElectroSelfTM and HyESS its future development and growth, including off-grid distributed generation and grid-scale energy storage systems and, in particular, integration with renewable sources and smart grids.<\/p>\n

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