Media

CleanSpark in the News

Software Firm Realizing Big Power in Microgrids

ENERGY: CleanSpark Seeks Solar Sweet Spot
By John Cox
Originally published August 31, 2016 at 2:21 p.m

http://www.sdbj.com/news/2016/aug/31/software-firm-realizing-big-power-microgrids/?page=1&

San Diego — The recently acquired Poway energy software company that developed the microgrid running Camp Pendleton’s power system has completed the initial phase of a larger version serving a commercial client in Borrego Springs.

CleanSpark LLC’s solar-powered installation, designed to behave like the self-similar fractal organisms underlying much of biology, is projected to save owner Ram’s Hill Golf Course $300,000 annually in electricity, which would pay off the cost of investment in as little as eight years while also bringing a new level of protection against blackouts.

CleanSpark CEO Michael E. Firenze said if Ram’s Hill chooses to move forward with as many as three additional phases, its microgrid could become an adjunct to the state power grid, serving to provide and store power for the outside world. There is also hope the installation will eventually be connected to a microgrid San Diego Gas & Electric uses to manage its delivery of power to customers in Borrego Springs.

More Microgrids

Though not new conceptually, microgrids are seen as increasingly useful as the proliferation of rooftop solar and other “distributed” energy resources point to greater use of independent power control systems. These installations are also considered important for their ability to operate on their own in the event of a security attack on a utility’s centralized infrastructure.

Firenze, whose background is in general contracting for the military, said the golf course project speaks to the niche CleanSpark sees itself serving: midsize business parks and schools — something larger than a residence but not utility-scale. “Even shopping malls are perfect,” he said.

CleanSpark’s software integrates the Borrego Springs project’s photovoltaic generation, battery storage and power distribution with a system of “parent’ and “child” microgrids. These layered components can work in concert or shut down their connections and operate autonomously in case of an emergency.

Five Months to Build

The 829-kilowatt golf course installation, completed with the help of San Francisco-based builder Webcor and Oakland solar service provider Sungevity, took five months to build.

Ram’s Hill CFO Becky Holeman said in a news release CleanSpark’s system has performed beyond the golf course company’s expectations, and that she looks forward to the project’s continuing development.

CleanSpark was acquired this summer in an all-equity transaction valued at $36 million. Buyer Stratean Inc., a Salt Lake City-based design, engineering and manufacturing company, has a patented gasifier that turns feedstocks including coal, plastics and municipal sewage into energy without producing airborne emissions.

“By providing CleanSpark with an infusion of capital and complete access to a baseload source of renewable energy, we plan to integrate the technologies into a unified solution that will take both our patented gasifier and CleanSpark’s offerings to the next level,” Stratean CEO Matthew Schultz said in a July 11 news release announcing the acquisition.

Stratean projects the U.S. microgrid market will grow nearly 300 percent to almost $1 billion by the end 2020. It says CleanSpark and its wholly owned subsidiaries have generated more than $14 million in revenue since the company’s late 2013 launch. It estimates the Poway company has more than $2.6 million in executed, long-term agreements, as well as a “growing pipeline of opportunities.”

Creating Incentives

The director of the University of San Diego School of Law’s Energy Policy Initiatives Center, Scott Anders, said CleanSpark’s focus on commercial and industrial users makes sense, in part because modern electric rate design creates incentives for businesses to invest in equipment allowing them to make more efficient use of their energy.

He said California’s push for more energy storage, peripheral resources like solar panels and more symbiotic connections to utilities are likely to result in greater adoption of sophisticated, independently run power systems.

Anders also said the threat of computer hacking attacks on the U.S. power grid may also mean “we’re going to see more and more” microgrids.

Security Against Cyber Attacks

Security against cyber attacks was part of the idea behind the microgrid CleanSpark designed for the School of Infantry in the 52 Area of Marine Corps Base Camp Pendleton. CleanSpark developed distributed controls that bring together solar energy generation and storage with four microgrids that can align and tie to the state grid.

Firenze said he wants CleanSpark to build microgrids that utilities like SDG&E will view as assets to their own systems. Noting the Sempra Energy subsidiary already has a microgrid in Borrego Springs, he mentioned that during work on the golf course project there were what he termed preliminary conversations between the two companies about perhaps linking their respective microgrids.

He said SDG&E “was a phenomenal partner on this (Ram’s Hill) project, so I don’t see why they wouldn’t be interested” in linking up.”

SDG&E spokesman Hanan Eisenman emphasized no formal negotiations have taken place between the utility and CleanSpark but that there may be an opportunity to do so.

“We are open to hearing any proposal that they might have for enhancing reliability and sustainability in Borrego Springs,” Eisenman said.

CleanSpark’s Latest Project: A Hint of the Grid of Microgrids to Come?

August 22, 2016 By Elisa Wood

http://microgridknowledge.com/grid-of-microgrids/

A small microgrid being developed at a California golf club by CleanSpark offers a hint of the grid of microgrids or ‘fractal grid’ energy futurists foresee.

A developer of microgrid control technology, CleanSpark last week announced completion of the $2.7 million phase one of the microgrid at the Rams Hill Golf Club.

The microgrid itself appears somewhat ordinary at first glance with its 832-kW solar installation. But its address is eye-catching to those in the microgrid business. It’s located in Borrego Springs, home to San Diego Gas & Electric’s prototype microgrid.

This is significant because CleanSpark has made clear that it’s all about transforming the U.S. electric grid into a grid of microgrids. In this vision of the future, families of microgrids – parent and siblings – connect and work together to maximize resources. Control software, like that offered by CleanSpark, allows each microgrid to manage its internal resources or share generation and services with other microgrids when it makes sense for economic, reliability or environmental reasons.

Nothing is firm yet, but CleanSpark hopes to enter into discussions with SDGE next year about connecting the golf club microgrid with the utility’s Borrego Springs microgrid.

Connecting the two microgrids “would perfectly exemplify what we believe is the most effective technical approach to a renewable, sustainable and distributed future – the fractal microgrid,” Michael Firenze, CleanSpark’s CEO told Microgrid Knowledge.

The Rams Hill microgrid is a project of Webcor, a San Francisco-based builder, solar service provider Sungevity and CleanSpark.

Completed in five months, the first phase is expected to save the golf club about $300,000 per year in energy costs.

If the owner chooses to fully build it out, the microgrid will be a $10 million project. The microgrid already has a behind-the meter 12-kV infrastructure that enables plug and play capabilities in the future for energy storage integration and additional microgrid functionality. So next phases may include adding load, generation, distributed storage and possibly a differentiated baseload power generation source, such as a gasifer.
“Of course there will be a constant betterment and enhancement through enabling software-based applications as they become available — demand response, ancillary services etc.,” Firenze said. “But that is standard with our installations.”

CleanSpark also has worked on the fractal microgrid demonstration project at Camp Pendleton.

The company’s parent, Stratean, is known for its stratified downdraft gasifier, a technology that produces energy with zero airborne emissions from municipal solid waste, coal, plastics, sewage and other feedstocks. Stratean acquired CleanSpark in a $36 million deal last month.

CleanSpark, Webcor & Sungevity Complete Phase I of First Commercial Microgrid

SALT LAKE CITY, Aug. 18, 2016 /PRNewswire/ -- Cleanspark, LLC, as part of Stratean (OTC: SRTN), the developer of a patented and revolutionary "stratified" downdraft gasifier, today announced the company has completed Phase I of its first commercial microgrid in partnership with Webcor, a San Francisco-based builder, and Sungevity, a leading solar service provider.

The 832kW solar system with distributed controls, located at the Ram's Hill Golf Course in Borrego Springs, features a highly advanced monitoring intelligence platform. In addition an upgrade to consolidate property loads for a private behind-the-meter 12kV infrastructure was deployed that enables plug and play capabilities in the future such as energy storage integration and additional microgrid functionality. The Rams Hill installation was completed in five months and is expected to save approximately $300,000 per year with an eight-year return on investment from the project. With the intelligence platform already delivering cost savings information, that return is expected to drop further in the coming six months.

"The system installed by the microgrid team has performed beyond our expectations. We are very happy with our partnership with Webcor and CleanSpark and look forward to the continuing development of our power system," said Becky Holeman, CFO of Rams Hill.

Matthew Schultz, Chief Executive Officer of Stratean, Inc., commented, "We are excited about completing the first phase of this project. Sungevity and Webcor are phenomenal partners. We believe the ROI is extremely compelling for our customers not only as a result of solar energy generation, but also due to our superior intelligence platform that will deliver significant value on its own. We look forward to communicating future projects and developments in the near term."

About CleanSpark

CleanSpark offers advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. 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.

About Stratean, Inc.

From the trash can to the gas can, Stratean, Inc. has successfully designed, engineered, manufactured and patented a revolutionary 'stratified' downdraft gasifier. Our partners, such as Petersen, Inc., ICON Renewables, Combustion Resources and others have worked with us to create a logical solution for profitably handling MSW, Coal, Plastics, Municipal Sewage and many other feedstocks. All with ZERO airborne emissions. We've aligned ourselves with research universities such as Utah State University, The University of Utah, and BYU to certify and maximize the efficiencies and production of our technology. To learn more, visit http://www.stratean.com/.

About Webcor Builders

San Francisco-based Webcor Builders was founded in 1971, and is widely recognized as one of the nation's leading general contractors. Recently named both the 2014 California Contractor of the Year and one of the top green construction companies in the U.S. by the Engineering News-Record, Webcor is known for its innovative and efficient approach to construction, wide range of experience, cost-effective design/build methodology, skills in concrete construction, and expertise in building landmark projects. For more information, please visit http://www.webcor.com.

About Sungevity

Sungevity, Inc. is a technology-driven solutions provider, offering exceptional service and choice to residential and commercial solar energy customers. Sungevity's asset-light business model focuses on value-added in-house services for software platform development, project management and customer experience; this focus is enabled by a strong, scalable network of third-party providers for asset-intensive and/or lower margin provision of hardware, installation services and financing. Sungevity's disruptive and competitive model delivers greater value directly to customers and, for stockholders, captures immediate financial value at the time of sale.

Stratean Augments Renewable Energy Portfolio, Acquires CleanSpark

CleanSpark Has Executed Multi-Year Contracts to Provide Distributed Energy Resource Management Systems at Military Bases; Acquisition Combines Stratean Gasification Technology with Advanced Energy Software Technology to Enable End-to-End Renewable, Reliable Energy Management

SALT LAKE CITY, UT / ACCESSWIRE / July 7, 2016 / Stratean, Inc. (SRTN), the developer of a patented and revolutionary "stratified" downdraft gasifier, today announced the company has acquired CleanSpark, a leading provider of engineering, software and controls for innovative distributed energy resource management systems, in an all-equity transaction valued at approximately $36 million.

The acquisition provides Stratean with a revenue-generating platform and significantly expands the capabilities of Stratean in the rapidly growing renewable energy sector. The acquisition transfers ownership of CleanSpark's operational subsidiaries, patent-pending fractal grid software technology, contracts, patents, other software and related assets to Stratean. CleanSpark has existing, executed contracts with a military base, a golf course, and other campuses to deploy and maintain solar microgrids, utilizing CleanSpark's innovative software to manage energy consumption and production. Stratean's gasifier is capable of providing a baseload energy source to augment CleanSpark's energy management software and control platform technology, sold under the mPulse brand, enabling customers to gain further independence from the energy grid.

Matthew Schultz, Chief Executive Officer of Stratean, Inc., commented, "This acquisition combines the revolutionary, energy management software and technologies of CleanSpark with our innovative gasification technology to enable end-to-end, completely autonomous power to microgrid energy systems. By providing CleanSpark with an infusion of capital and complete access to a baseload source of renewable energy, we plan to integrate the technologies into a unified solution that will take both our patented gasifier and CleanSpark's offerings to the next level."

"CleanSpark has invested nearly $8 million to develop and bring to market its mPulse software technology used in FractalGrid deployments," continued Schultz. "The success of the company's existing installation at Camp Pendleton clearly demonstrates the market viability and efficacy of the technology as the pursuit of clean, reliable and secure energy accelerates. By integrating our technologies, we are positioning Stratean at the forefront of the U.S. microgrid market which is projected to increase almost 300% from $225 million in 2016 to nearly $1 billion in 2020."

Transaction Details

As consideration, CleanSpark's existing unit holders "CleanSpark" are entitled to 6 million Stratean common shares ("shares") and 4.5 million warrants at a strike price of $1.50 with a five-year expiration. The shares are subject to a one-year lock-up period designated by the agreement. At closing, CleanSpark holders will own approximately 22.3% of the issued and outstanding Stratean shares (after giving effect to the acquisition). Assuming CleanSpark's owners exercise the warrants and the vesting of the shares at the conclusion of the lock-up period, the Group may hold up to 39.1% of the issued and outstanding Stratean shares.

The acquisition has been approved by the Board of directors of Stratean Inc. and Cleanspark Holdings, LLC.

About CleanSpark

CleanSpark offers advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. 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.

The effectiveness of the company's products and services is evident at the School of Infantry in the 52 Area of Marine Corps Base Camp Pendleton. In 2013, CleanSpark was subcontracted to provide design, development, integration and installation services for the FractalGrid at Camp Pendleton. The project integrated CleanSpark's proprietary mPulse software and controls platform with a variety of energy storage technologies, existing and planned for in the future, to store solar energy generated by existing fixed-tilt solar photovoltaic panels and fifteen dual axis tracking concentrated photovoltaic units. CleanSpark's distributed controls combine the generation and storage technologies to create four separate microgrids that self-align together to create a larger microgrid that ties directly into the larger utility grid at the 12kV level, allowing the base to consume energy from the most reliable, affordable source at any given time. The system can provide a 100% renewable and sustainable solution to energy security.

CleanSpark Leading the Way for Microgrids in the Transactive Energy Challenge Held by the National Institute of Standards and Technology (NIST)

SAN DIEGO, Feb. 18, 2016

The NIST TE Challenge is bringing together researchers, product developers, and regulatory agencies to create modeling and simulation tools to address effective transactive energy approaches to solve real grid problems. Transactive Energy (TE) is a market-based mechanism for operating generation, consumption, and storage within the distribution power system in a way that improves grid reliability. This will play a key role in enhancing energy interoperability as the electric grid transforms to integrate more solar and wind power. The TE model also creates transparency in the value of new energy technologies to better coordinate investment decisions. The project teams range from developing business and regulatory models to defining abstract interactions to continuing efforts on simulation platforms.

CleanSpark’s role in the TE Challenge is leading the team “Transactive Energy Control for Systems of Microgrids” to create commercially compatible, standards-based software to be used by various market participants and distributed energy resources. With experience in creating its own OpenADR 2.0b Client, CleanSpark has the knowledge base on event-driven operations necessary to develop the transactive services outlined in the Energy Interoperability Standards and TeMix Platform. In addition, CleanSpark is developing a software implementation of an Energy Services Interface, Market Facilitator, and Market Maker that allows for testing the market-based controls to be implemented at Camp Pendleton’s FractalGrid. To learn more about the project, join the webinar held by the Smart Grid Interoperability Panel on Tuesday, February 23, 2016 10:00AM-11:00AM PST https://attendee.gotowebinar.com/register/4155800282474089986. For more information on the Transactive Energy Challenge held by the National Institute of Standards and Technology, visit https://pages.nist.gov/TEChallenge/.

Sungevity Partners with CleanSpark to Provide Energy Monitoring and Management to its Growing List of Commercial Solar Customers

SAN DIEGO, Feb. 11, 2016

Sungevity, a leader in the global solar market, and CleanSpark, a microgrid technology company, today announced a partnership in which Sungevity will include CleanSpark's cyber-secure energy monitoring and management software with its commercial solar offering. The partnership will make CleanSpark's technology available to Sungevity's commercial customers with access to real-time system monitoring.

The partnership was piloted in California in Q4 2015, and is scheduled to fully roll out in the same region by the summer of 2016, with additional markets to follow. Sungevity has been a recognized leader in the residential solar market since 2008, and announced its entry into the commercial market in March 2015, with a focus on the underserved small-scale business sector.

"Sungevity has emerged as the industry's leading solar platform company, recognized for its cutting-edge technology and unparalleled service to customers," said Mike Firenze, CEO of CleanSpark. "We're excited to include our proprietary monitoring and management technology with their offering, to provide Sungevity's commercial customers with real-time, hands-on control of their electricity usage."

"The CleanSpark energy management and monitoring suite is the most sophisticated we've seen in the commercial market," said Dave Dunlap, Chief Development Officer of Sungevity. "Our commercial customers will now have access to millisecond interval usage and generation data, enabling them to make assessments and take immediate action to further cut their energy costs."

GTM Research predicts that the U.S. microgrid market will increase 300% over the next five years, from $225 million in 2016 to $1 billion in 2020. This partnership will help drive microgrid adoption while capitalizing on the growth in this segment through a standardized offering, as commercial and industrial solar customers leverage CleanSpark's and Sungevity's technologies to lower energy costs, increase energy independence, and reduce carbon emissions.

About CleanSpark: San Diego-based CleanSpark is on a mission to help the world achieve true energy security. CleanSpark's advanced energy monitoring and management technology enables microgrids to integrate seamlessly with existing energy infrastructure, and to be infinitely scaled for multifamily residential, commercial, industrial, military, municipal, and remote community deployment. For more information on CleanSpark, please visit www.cleanspark.com.

About Sungevity: Sungevity is a technology-driven solar energy company focused on making it easy and affordable for homeowners and business owners in the US and Europe to benefit from solar power. Leveraging proprietary remote solar design technology, Sungevity can deliver a quote without a site visit and provide prospective customers with visibility to potential savings on their electricity bills. The company continues to grow its customer base and now services 12 US states, the District of Columbia, the Netherlands, the UK and Germany. Sungevity is also the residential solar partner to Lowe's, and was recognized in 2015 by B Corp as one of the "Best for the World 2014" companies for environmental impact. For more information, visit www.sungevity.com.

Contact: Denise Gitsham
denise@7secondstrategies.com / 202.369.1619


Global Impact, CleanSpark Partner to Solve the Global Energy Crisis

SAN DIEGO, Jan. 12, 2016

Global Impact, a non-profit organization that partners with groups like the Bill & Melinda Gates Foundation, Clinton Foundation, Operation Smile and Global Vision to invest in humanitarian solutions for the world's most vulnerable people, has partnered with San Diego-based microgrid technology company, CleanSpark, to establish a social sector development program that will deliver 100% sustainable energy to impoverished rural populations.

"CleanSpark empowers underprivileged communities by giving them to access affordable, sustainable, and reliable energy," said Michael Firenze, CEO of CleanSpark. "Partnering with Global Impact will help us accelerate sustainable development worldwide and lift millions of people out of poverty."

The partnership has established a Shared Value Global Development Framework, which defines the mission, identifies a vast network of stakeholders and sponsors, and establishes a fund that will allow impact investments to be made in projects that can produce significant and measurable positive impacts in underdeveloped regions of the world.

Under the traditional electrification model, hundreds of kilometers of transmission and distribution (T&D) infrastructure must be built in order to provide rural regions with electricity. This requires an enormous investment with long deployment timelines that result in a low potential for return. As such, rural electrification is deferred by utilities in most emerging economies.

The alternative is to deploy renewable energy microgrids that integrate distributed energy resources such as on-site renewables, legacy generators, and energy storage technology. These technologies can supply local demand by eliminating costly T&D infrastructure expenses and replacing those expenses with an energy generating and critical power asset. Microgrids are deployed much more quickly than traditional T&D infrastructure, and deliver electricity at a lower cost than traditional grid services.

Microgrids solve much more than an energy problem. Stable, secure, and clean energy enables water, sanitation, education, healthcare, commercial, and industrial applications to thrive. The installation, operation and maintenance of these systems also create jobs and spur micro-economies.

"Through the Sustainable Development Goals, the world is becoming more focused on ensuring access to affordable, reliable, sustainable and modern energy for all," stated Scott Jackson, President and CEO of Global Impact. "We believe that CleanSpark can substantially increase the share of renewable energy in the global energy mix. Through our partnership, we will mobilize resources that support developing countries to receive access to a revolutionary product providing energy independence."

"Lack of access to energy is a threat to our generation and the opportunity to solve this problem is here. We are humbled by the support of pioneers like Global Impact, who are willing to step onto this battlefield with us to ensure an outcome that our grandchildren will be proud of," said Firenze.

About Global Impact: Global Impact is a leader in global philanthropy, helping the world's most vulnerable populations by providing integrated, partner-specific advisory and secretariat services; campaign design, marketing and implementation for workplace and signature fundraising campaigns; and fiscal agency, technology services and integrated giving platforms. Global Impact works with 450 public and private workplace giving campaigns to generate funding for more than 130 international charities. Through strategic council and implementation support, Global Impact equips private sector and nonprofit organizations to achieve their philanthropic goals. Since 1956, Global Impact has generated more than $1.7 billion to help the world's most vulnerable people. For more information, please visit http://charity.org.

About CleanSpark: San Diego-based CleanSpark offers the world's most advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. 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 infinitely scaled and widely adopted for commercial, industrial, military, municipal, and remote community deployment. For more information, please visit http://www.cleanspark.com.

Contact: Denise Gitsham
denise@7secondstrategies.com / 202.369.1619


CleanSpark, Renova Power Networks Partner to Facilitate Advanced Microgrid Deployment

Partnership will hasten commercial adoption of 100% renewable energy solutions

SAN DIEGO, Jan. 5, 2016

Renova Power Networks, a development company whose principals are known for innovative financing models and renewable energy systems, has partnered with San Diego-based CleanSpark, the leading advanced microgrid software and controls company, to facilitate global deployment of best-in-class microgrid technology, reduce carbon emissions cost-effectively, and increase energy security and independence.

Renova has established a focused subsidiary, Renova Energy Management, to work arm-in-arm with CleanSpark on a wide array of renewable energy microgrid projects. The market is projected to grow 300% over the next five years, from $225 million in 2016 to $1 billion in 2020. CleanSpark and Renova are partnering to facilitate and accelerate the clean energy transition to achieve climate security this century.

“We see the market for renewable energy generation plus storage positioned for exponential growth, and an impactful new period of adoption, cost-effectiveness, and reliability. CleanSpark’s technology integrates multiple energy generation assets with the broadest array of energy storage solutions,” observed Rick Tallman, CEO of Renova. “We are pleased to partner with CleanSpark to develop, finance, and implement affordable microgrid solutions.”

“Renova’s expertise in infrastructure finance and project development has enabled the integration of numerous innovative technologies into existing and evolving markets. We’re thrilled about this partnership, which will help CleanSpark rapidly develop scalable advanced microgrid systems worldwide,” said Michael Firenze, CEO of CleanSpark.

CleanSpark and Renova are already working together on a number of microgrid projects in the U.S. (California and New York), the Caribbean, Central America, Canada, and South Africa.

About Renova Power Networks: Renova Power Networks (RPN) transforms power infrastructure by applying distributed generation, energy storage, system control technologies and energy optimization measures to cut costs, improve reliability, and reduce carbon emissions. With offices in San Diego, Toronto, Denver, and New York, RPN is developing a broad, strategic portfolio of managed energy clients and assets. http://www.renovapowernetworks.com.

About CleanSpark: San Diego-based CleanSpark offers the world’s most advanced energy software and control technology. By integrating new and existing energy generation and storage assets with advanced load management capabilities, CleanSpark’s platform allows locally-generated energy to be shared with other interconnected microgridsand enables microgrids to be infinitely scaled and widely adopted for commercial, industrial, military, municipal, and remote community deployment. http://www.cleanspark.com.

Contact: Denise Gitsham
denise@7secondstrategies.com / 202.369.1619


CleanSpark Acquires Specialized Energy Solutions

Acquisition enables greater penetration of 100% renewable energy solutions

SAN DIEGO, Dec. 15, 2015

CleanSpark, the leading advanced microgrid software and controls company, today announced its acquisition of San Diego-based Specialized Energy Solutions (SES). SES specializes in the engineering and construction of 100% clean energy technologies. In addition to numerous Department of Defense installations, SES recently completed 4MW of ground-mounted distributed solar projects in the City of Colton, with plans for additional projects in California next year.

CleanSpark's flex Power System™ is the industry's leading advanced microgrid software and control platform. CleanSpark's technology brings situational awareness, energy efficiency, renewable energy integration, advanced energy storage, and load management together in one comprehensive software-enabled solution. This technology reduces energy costs by 25%, and increases energy security in defense, commercial, municipal, educational, and industrial sectors, while also offering applicability for rural and island electrification needs. CleanSpark offers customers a path to a 100% renewable and cost-controlled energy future.

Previously, microgrid systems were too expensive to build and operate, with few firms offering experience in 100% renewable solutions. This acquisition expands CleanSpark's ability to provide clients true energy security and independence, while increasing CleanSpark's load to 6MW in 2015.

The market for U.S. microgrid infrastructure is projected to grow nearly 300% over the next five years. As microgrid adoption spreads, CleanSpark will help increase energy security and global socio-economic stability, while significantly reducing energy costs and carbon emissions through the integration of clean, affordable, renewable energy.

About CleanSpark: San Diego-based CleanSpark offers the world's most advanced energy software and control technology that enables a plug-and-play enterprise solution to modern energy challenges. 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 infinitely scaled and widely adopted for commercial, industrial, military, municipal, and remote community deployment. For more information, please visit http://www.cleanspark.com.

About Specialized Energy Solutions: San Diego-based Specialized Energy Solutions, a division of Harper Construction Company, focuses on commercial-scale distributed renewable energy systems for both critical defense and civil infrastructure. Founded in 2011, Specialized Energy Solutions has completed a wide array of distributed solar, wind, energy storage and microgrid projects in Southern California and Arizona. For more information, please visit http://www.specializednrg.com.

Contact: Denise Gitsham
denise@7secondstrategies.com / 202.369.1619


CleanSpark, Webcor Builders Announce Strategic Partnership

SAN DIEGO, Nov. 3, 2015

Driven by a shared commitment to energy independence, San Diego-based CleanSpark and San Francisco-based Webcor Builders have partnered to offer the world's first cost-effective, bankable, and commercially available advanced microgrid systems. These systems empower communities to achieve true energy independence, by ending their reliance on an overpriced, outdated, and overburdened power grid.

CleanSpark's proprietary software platform facilitates energy independence by enabling customers to integrate renewable generation and advanced storage technologies into their existing energy infrastructure to create a microgrid that can seamlessly interoperate with the utility. Customers are able to choose when to buy power from the utility, when to sell power to the utility, and when to "island" themselves from the traditional grid, allowing the systems to quickly pay for themselves as they achieve lower costs for the customer. This technology leverages artificial intelligence to predict and optimize energy use, and automates load management in one simple, elegant, and user-friendly platform.

Until now, microgrid systems were too expensive to build and operate, and financing models did not exist. CleanSpark-Webcor's partnership addresses both of these issues by offering guaranteed performance for a minimum of ten years, and 100% system financing options for terms of up to 25 years. This financing structure makes building and installing advanced microgrid systems both feasible and attractive, especially to multifamily residential, commercial, municipal, educational, industrial, and defense sectors, as well as those living off the grid in remote rural areas or on islands.

The U.S. microgrid market is projected to increase almost 300% over the next five years, from $225M in 2016, to almost $1 billion in 2020. The CleanSpark-Webcor partnership will facilitate domestic microgrid adoption, as U.S. customers leverage CleanSpark's technology to increase energy independence, improve energy security, lower their energy costs, and reduce carbon emissions.

About CleanSpark: San Diego-based CleanSpark is on a mission to help the world achieve true energy security. CleanSpark's advanced energy monitoring and management technology enables microgrids to integrate seamlessly with existing energy infrastructure, and to be infinitely scaled for multifamily residential, commercial, industrial, military, municipal, and remote community deployment. For more information on CleanSpark, please visit http://www.cleanspark.com.

About Webcor Builders: San Francisco-based Webcor Builders is widely recognized as one of the nation's leading general contractors. Recently awarded 2014 California Contractor of the Year and recognized as one of the top green construction companies in the U.S., Webcor is known for its innovative and efficient approach to construction. Webcor has regional offices in San Francisco, Alameda, Los Angeles, San Diego and Honolulu, Hawaii. For more information on Webcor Builders, please visit http://www.webcor.com.

Contact: Denise Gitsham
denise@7secondstrategies.com / 202.369.1619