Myers EPS Announces Transformative Acquisition of Battery Energy Storage Systems Provider Storage Power Solutions
Summary
BETHLEHEM, Pa.--(BUSINESS WIRE)--Myers Emergency Power Systems (“Myers EPS”), a leading designer and manufacturer of highly engineered emergency lighting backup power technology, today announced the acquisition of Storage Power Solutions (“SPS”), a leading provider of battery energy storage systems (BESS), with proprietary, scalable technology serving the commercial and industrial, utility, and EPC end markets. As part of the transaction, Myers EPS is also launching its EnerShed™ product line, a smart energy storage solution with scalability starting from 60kW and capabilities to serve all end market environments. As we look ahead, we plan to partner with a wide range of go-to-market channels, including solar installers and EPC contractors, to offer reliable and safe systems.” Utilizing the full suite of Myers EPS’ proprietary technology, EnerShed offers a comprehensive feature set, making it the most powerful and safe energy storage solution available in the market. This Analog Intelligent storage technology allows customers to maximize return on investment, supporting many use cases including peak shaving, time-of-use savings (energy arbitrage), net-metering/revenue generation, demand response, and back-up power. Myers EPS is at the forefront of innovation, offering integrated technology solutions mandated by building and construction safety codes to mission-critical industries, including education, data centers, government buildings, distribution warehouses, and healthcare centers.
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