Viridity Energy in the News

CALMAC Renovates 1500 Walnut Street HVAC System with IceBank® Tanks for Demand Response

April 16, 2013

CALMAC, a leader in energy storage systems, announced the installation of its thermal energy storage tanks at 1500 Walnut Street, a 22-story, 270,000 square foot high-rise commercial building located in Philadelphia. This system, combined with Viridity’s VPower™ software, has helped turn the building into a “virtual power plant.”
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Viridity Energy to focus more on energy storage, especially in Texas

April 16, 2013

Viridity Energy will focus increasingly on energy storage technologies because the market is becoming "extremely attractive financially" due to FERC Order 755. Order 755 directed ISO/RTOs to pay more for faster frequency regulation service.
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SUEZ Energy Resources NA Agreement with Viridity Energy

April 16, 2013

GDF SUEZ Energy Resources NA, one of the country's largest competitive retail electricity providers to commercial, industrial and institutional customers, announced an agreement with Viridity Energy to provide comprehensive, customized demand response solutions.
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Finding Ways to Reduce Power Use

March 20, 2013

Drexel University is a national leader in teaching power engineering, but the Philadelphia school got lessons in saving and making money in the electricity market after it started working with Viridity Energy in 2010.
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MITSUI $15 MILLION INVESTMENT IN VIRIDITY ENERGY

August 20, 2012

Smart Energy Universe: Mitsui will invest $15 million in Viridity Energy, an energy optimization solution provider that has developed the VPower™ platform to maximize energy revenue and savings.
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Mitsui Teams up with Viridity Energy to Bring Smart Grid Technology To Asia

August 18, 2012

Power Insider: Mitsui and Co have made a massive investment in order to bring Smartgrid technology to the Asia Pacific region. The IT and engineering giant Mitsui & Co have teamed up with a US-based energy demand management specialist Viridity Energy, investing $15 million.
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Mitsui announces $15 million investment in Viridity

August 16, 2012

telecomengine.com: Japanese IT and engineering conglomerate Mitsui has announced plans to invest $15 million in Viridity Energy (Philadelphia, USA), an energy-demand specialist.
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Clean Energy Summit wrap-up: The future of the grid

August 11, 2012

Green Energy Blogs: Audrey Zibelman, founder of CEO of Viridity Energy, an energy management consulting firm, took that idea a step further, speaking of how access to wholesale markets would change consumers’ fundamental understanding of energy.
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Mitsui & Co. to Invest in Viridity Energy

August 09, 2012

Energy Choice Matters: Viridity Energy, Inc. sought FERC approval to issue approximately 15% of its shares to Mitsui & Co., Ltd.
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Mitsui & Co to invest Y1.17B in Viridity Energy, Nikkei reports

August 10, 2012

Yahoo Finance: Mitsui & Co (MITSY) will invest Y1.17B, or about $15M, to acquire a 15% stake in Viridity Energy, a U.S. information technology start-up established in 2008, the Nikkei reports.
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