Are Microgrids Powered By On Site Green Energy The Next Big Thing? [Forbes]
Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock (IIVI)
Last coherent corp. 6.00% series a mandatory convertible preferred stock earnings: 2/10 04:05 pm
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Source: Forbes
Are Microgrids Powered By On Site Green Energy The Next Big Thing? Blue solar cell panels, New York cityscape illuminated at night in the background Getty II - VI Incorporated makes 3D sensing technologies and it wants to reduce its carbon footprint by installing a microgrid at its New Jersey manufacturing facility. It is using a localized grid because the electric utility is unable to supply the amount of power it needs to keep up with its growth. That is also happening at hospitals, universities and technology companies — enterprises that can’t afford a loss of power for minutes much less several days. Those microgrids are designed to work in unison with distributed energy resources like solar panels and battery storage as well as fuel cells -- the types of 21st Century technologies As for II VI Incorporated, Bloom built it a 2.5 megawatt power system in nine months. Its solid oxide fuel cell technology takes natural gas or a biogas and converts it into electricity. And the company
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