Ice Energy’s partnership with Riverside (California) Public Utilities (RPU) was honored recently with a Public-Private Partnership award, recognizing a commitment to job creation and economic growth. The award was given by California’s Inland Empire Economic Partnership (IEEP), the region’s largest economic development organization. Ice Energy established its Idea Lab, a new research and development center in Riverside, in mid-2015. In January,… read more →
Ice Energy, the leading provider of distributed thermal energy storage solutions, has introduced the Ice Bear 20 – a smaller-capacity version of its flagship Ice Bear system. The new system combines Ice Energy’s patented thermal storage and smart-grid technology with integrated cooling, enabling utilities to control residential cooling load and reduce peak demand by up to 95% for up to four hours. It also allows increased load during periods of solar over-generation, while providing homeowners the cooling they desire. The Ice Bear… read more →
Ice Energy, the leading provider of distributed thermal energy storage solutions, has hired Charles Costenbader as its new Chief Financial Officer. His addition to the executive team comes at a time of accelerated growth in revenue and projects for the company, including expansion both domestically and internationally as it transitions to full-scale commercial operation. Costenbader most recently served as Chief Operating Officer of Synthesis Energy Systems, based in Shanghai, China.… read more →
Ice Energy, the leading provider of distributed thermal energy storage solutions, announced the launch of Solar + Ice which bundles Ice Bear thermal energy storage with rooftop solar PV to deliver the greenest and most cost-effective solar-plus-storage solution for utilities. The company’s Solar + Ice bundle is available to utilities through long-term power purchase agreements (PPA) that guarantee performance. Ice Energy is partnering with… read more →
Ice Energy, the leading provider of distributed thermal energy storage technology, announced it will launch a new research and development center located in Riverside, California this summer. Among other projects, Ice Energy will pursue a line of smaller residential solutions and continue to extend the range of applications supported by their award winning Ice Bear solution. The company recently was awarded a five-year contract from Riverside Public… read more →
NRG Energy, Inc. (NYSE:NRG), a leader in customer-driven cleaner and smarter energy choices, and Ice Energy, the leading provider of distributed thermal energy storage for utilities, have partnered to help reduce California’s peak energy demand through an innovative energy storage solution. NRG and Ice Energy will meet the recently awarded 20 year long-term contracts to provide 25.6 megawatts of behind-the-meter energy storage using Ice Energy’s proprietary Ice Bear technology for Southern California Edison… read more →
Ice Energy today announced it has been awarded a five-year contract from Riverside Public Utilities to provide 5 megawatts of behind-the-meter thermal energy storage using Ice Energy’s proprietary Ice Bear system. The program will kick off this spring. The City of Riverside, California, the hottest climate zone in the Los Angeles basin, selected Ice Energy to align with its Utility 2.0 smart grid and renewable energy plan. Ice Energy’s product, the Ice Bear, is… read more →
Ice Energy today announced it has won a Los Angeles Business Journal 2014 Patrick Soon-Shiong Innovation Award, presented at an awards dinner at the Beverly Wilshire Hotel in Beverly Hills last night. Ice Energy was among 15 finalists competing for five annual awards that honor the region’s most impactful innovators. “It’s an honor to be singled out among so many breakthrough technology companies,” said Mike Hopkins, CEO of Ice… read more →
Ice Energy today announced it has been awarded sixteen contracts from Southern California Edison (SCE) to provide 25.6 megawatts of behind-the-meter thermal energy storage using Ice Energy’s proprietary Ice Bear system. Ice Energy was one of 3 providers selected in the behind-the-meter energy storage category, which was part of an energy storage procurement by SCE that was significantly larger than the minimum mandated by the California Public Utility Commission (CPUC). SCE is one of the nation’s leaders in renewable energy and the primary electricity supply company for… read more →
Azusa Light & Water (Azusa) announced today a successful milestone in a research project aimed at proving the potential for successful deployment of Ice Energy’s thermal energy storage system for residential applications, called the Ice Cub. As part of the project, supported by a DEED technology research grant from the American Public Power Association (APPA), Azusa recently completed deployment of two smaller design variants of Ice Energy’s original Ice Bear™ thermal energy storage system at two Azusa residences. Azusa Light & Water General Manager George Morrow said, “We are excited… read more →
Ice Energy today announced Mike Hopkins as president of the company, the leading provider of distributed thermal energy storage technology. Hopkins previously served as the company’s executive vice president of corporate development and legal and played a key role in engaging with utilities across the country and internationally. “Ice Energy is poised to become a very significant force in the energy space with tremendous interest throughout the industry. To prepare for the growth, the board has asked Mike Hopkins to assume the role of president and lead our efforts in… read more →
Ice Energy, a leading provider of distributed thermal energy storage and smart grid solutions, welcomes Cathy Zoi to its board of directors. Zoi spearheaded the Energy Star program, was chief of staff for environmental policy during the Clinton administration and oversaw $30 billion in energy investments while serving in the Obama administration as Department of Energy (DOE) assistant secretary and acting undersecretary. Cathy’s appointment to the board comes at a time of tremendous opportunity for energy storage companies, with markets beginning to embrace storage as a critical element of the… read more →
Ice Energy, a leading provider of distributed thermal energy storage and smart grid solutions, has surpassed the 20 million hour mark for its fleet of Ice Bear units operating in the field. With Ice Bears in more than 40 different utility service territories, the Ice Bear thermal energy storage unit has evolved into one of the most reliable, efficient and cost-effective storage solutions available in today’s market. The Ice Bear is currently the only solution that offers both energy storage and demand response in one product. The Ice Bears provide… read more →
Ice Energy, a leading provider of distributed thermal energy storage and smart grid solutions, has installed two Ice Bears for Connecticut’s United Illuminating Company (UI) as a pilot project through the Energize Connecticut initiative to demonstrate the potential of the Ice Bear to reduce peak electric demand. The Ice Bears were installed at two commercial businesses located in Orange, Connecticut. Each Ice Bear unit was configured to provide both thermal energy storage and demand response. As a result, at each site, some of the… read more →
Thermal energy storage company teams up with local college to develop interactive training program Ice Energy, a leading provider of distributed thermal energy storage and smart grid solutions, has partnered with Capstone College, an accredited college located in Pasadena, Calif., to develop an interactive training program designed to educate students, local technicians and contractors in the disciplines of thermal energy storage and HVAC refrigeration. The program will augment Capstone College’s existing training program in HVAC and refrigeration and the development of future N.A.T.E. (North American Technical Excellence) certification, which is… read more →
Ice Energy will deliver 250 KW of electric capacity for the Central Maine Power Company (CMPCO) as part of an innovative pilot program approved this week by the Maine Public Utilities Commission (MPUC). To manage the peak electric load created by the region’s demand for air conditioning, the MPUC is exploring non-transmission alternatives (NTA) to meet the reliability needs in the Boothbay Harbor area. “The Maine PUC’s leadership aligns with the momentum we’re seeing in energy storage across New England,” said Mike Hopkins, EVP Corporate Development and Legal for Ice… read more →
Ice Energy, a leading provider of distributed thermal energy storage and smart grid solutions, recently solved a major cooling challenge for the City of Azusa. Faced with an unexpected air conditioning equipment failure at the public library during a sustained summer heat wave, Azusa Light and Water, the City’s public utility, stepped in with a thermal energy solution from Ice Energy to supply a more reliable and efficient solution. Azusa Light and Water has a proven track record with Ice Bears, using them since 2005 to help reduce summer peak… read more →
Ice Energy has been selected by Lux Research as a Top Ten Innovator for Q3 2013, distinguishing Ice Energy as a company whose performance indicates “near-term growth opportunity” that large companies could capitalize on across energy and other industries. “After ten years and 15 million hours of energy storage delivered, it’s great to be at this point where Ice Energy is able to be used innovatively in ways that meet utility needs for storage,” says Mike Hopkins, Ice Energy EVP Corporate Development & Legal. Read the full announcement: Ice Energy… read more →
Ice Energy, a leading provider of distributed energy storage and smart grid solutions, has been recognized with the Innovation Award from Energy Storage North America (ESNA) for a Thermal Energy Storage program with the Southern California Public Power Authority (SCPPA). The joint Ice Energy and SCPPA program involves Ice Bear installations at 200 customer facilities, totaling 2.5MW, or 15MWh of rated capacity to the grid. The units provide optimal efficiency by shifting energy demand to off-peak hours, thereby reducing peak energy consumption and saving significantly on operating expenses. The theme… read more →
Ice Energy today announced full deployment of a regional energy storage program contributing capacity toward Southern California Edison’s state mandated 50 MW of energy storage. Thirty-three Ice Bears, the first of which came online in November 2012, are in place meeting summer peak A/C demand with clean, green capacity at nine commercial and industrial customer sites. Together, Ice Energy program participants have received more than $627,000 in total rebates through HVAC Optimization Energy Efficiency Program rebates sponsored by Southern California Edison. The average investment per customer was $139,965 and the… read more →
With mandated energy storage ahead in California, the issue of how to meet utilities’ need for clean affordable capacity has taken center stage. Bloomberg New Energy Finance Reporter Siobhan Wagner turned to Ice Energy for a Q&A session featured in the July 22 issue of Bloomberg Brief. Hopkins described the current model in which utilities or their customers purchase Ice Bears and use them distributed on-site at locations where air conditioning costs are especially high during peak demand. He indicated that the future of energy storage may lie in power… read more →
Ice Energy, a leading provider of distributed energy storage and smart grid solutions, has appointed Philip Perkins as Chief Financial Officer. Perkins was formerly the CEO of Western Corporate Federal Credit Union, where he oversaw the United States’ largest wholesale credit union since March 2009. Ice Energy CEO Dave Prezioso, said, “We are excited to welcome Philip as a part of the Ice Energy executive team. His presence here will be vital as our Ice Bear utility-scale thermal storage technology gains critical mass, with… read more →
The City of Naperville, Illinois, and Verde Energy USA, an independent retail power supplier and energy solutions provider, announced today the successful installation of an Ice Energy IceBear™ unit at Naperville’s Water Service Center, located at 1200 W. Ogden Ave. The IceBearTM clean energy storage system, installed at no cost to Naperville, allows the City to more efficiently and effectively utilize air conditioning and upgrades aging infrastructure at this location. “This technology allows us to conserve precious natural resources through a unique partnership,” Naperville Mayor A. George Pradel said. “The… read more →