The agreement will allow both companies to capitalize on the rapidly growing market for reliability microgrids that provide backup electricity to customers at discounted prices by participating in electricity markets.
"This latest agreement with ERock solidifies 3Pi's shift of focus to the rapidly growing, high-value distributed generation markets," said Gary Winemaster, PSI's Chief Executive Officer. "ERock is a market leader in the reliability microgrid space, and we are excited to have them as our exclusive, long-term partner."
"The PSI Heavy Duty natural gas engine is the perfect prime mover for ERock's microgrid customers," Thomas McAndrew, CEO of ERock said. "It has best in class emissions, an important feature to our microgrid customers, and is incredibly robust, capable of safely and efficiently managing our customer's facilities when the electric grid is not available, whether momentarily or for weeks on end. We are very excited that PSI has partnered with us to supply this engine exclusively to ERock in its new Microgrid Genset." McAndrew added, "The PSI, 3Pi and ERock teams have collaborated closely for the last 24 months to develop a Microgrid Genset that provides substantial advantages over other offerings in the market. It's a game changer for us and the industry."
About Enchanted Rock, Ltd.
Founded in 2006, Enchanted Rock, Ltd. builds and operates cost effective reliability microgrids that help companies manage physical and financial risk associated with electricity. The company is responsible for the design, project management, installation, and commissioning of over 225 MW of distributed generation, including 160 MW of Distributed Power Generation projects and over 70 MW of customer reliability systems. The company currently has over 60 MWs of customer reliability microgrids under construction. ERock has a strong, demonstrated track record in all areas of microgrids and distributed power including electrical interconnection, energy market integration, control technologies, construction, and asset operations and maintenance. For more information, visit www.erockhold.com.
About Power Solutions International, Inc.
Power Solutions International, Inc. (PSI or the Company) is a leader in the design, engineering and manufacturing of emissions-certified, alternative-fuel power systems. PSI provides integrated turnkey solutions to leading global original equipment manufacturers in the industrial and on-road markets. The Company's unique in-house design, prototyping, engineering and testing capacities allow PSI to customize clean, high-performance engines that run on a wide variety of fuels, including natural gas, propane, biogas, gasoline and diesel.
PSI develops and delivers complete industrial power systems that are used worldwide in stationary and mobile power generation applications supporting standby, prime, and cogeneration power (CHP) applications; mobile industrial applications that include forklifts, aerial lifts, industrial sweepers, aircraft ground support, arbor, agricultural and construction equipment. In addition, PSI develops and delivers power systems purpose-built for Class 3 through Class 7 medium-duty trucks and buses for the North American and Asian markets. For more information on PSI, visit www.psiengines.com.
Based in Darien, Wisconsin, 3Pi designs, manufactures, and sells large, custom-engineered, integrated electrical power generation systems serving the global diesel and natural gas power generation market. 3Pi specializes in systems for both standby and prime power applications. In 2014, Power Solutions International (PSI) acquired 3Pi.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/enchanted-rock-signs-mutually-exclusive-supply-agreement-with-power-solutions-international-300391667.html
SOURCE Enchanted Rock, Ltd.