Power outages can be a costly issue for small businesses and
homeowners. According to a report by Climate Central, an estimated 147 million
utility customers lost power for at least an hour due to weather-related
outages over the last decade, an average of nearly 15 million customers each
year. For small businesses, these outages often result in a loss of
productivity and, as a result, lost revenue. For homeowners, they can mean
hundreds of dollars in lost groceries and considerable inconvenience.
Traditionally, the best approach to limiting the effects of
power outages has been gasoline or diesel powered generators. However,
generators present a host of critical drawbacks to users – including
substantial noise, an unpleasant odor and general unreliability. In September,
Oakridge Global Energy Solutions, Inc. unveiled an alternative to this
problematic back-up power solution through the introduction of its innovative
Freedom IV stationary power system.
“Our Freedom IV stationary power system will allow homeowners
to move away from the noisy, smelly, sometimes unreliable generators and rely
on clean lithium batteries for their back up power,” Steve Barber, executive
chairman and chief executive officer of Oakridge, stated in a news release.
“This revolutionary product will provide many hours of clean power and years of
peace of mind.”
Oakridge will begin shipping the Freedom IV product line in
December. In order to address the specific power requirements of customers, the
company plans to offer a variety of sizes ranging from 6.5 kilowatt hours (kWh)
to more than 35 kWh. During installation, homeowners will have the option to
interface the Freedom IV system with existing solar or wind power
infrastructure for off-grid applications or connect it to the grid in order to
save money during peak hours by storing energy during off-peak times.
In addition to providing high quality stored energy
solutions to a rapidly expanding market, Oakridge is ensuring that it has a
positive impact on its community by manufacturing its lithium battery systems
domestically in its recently-completed U.S. manufacturing facilities. These
efforts, which Oakridge management refer to as part of the ongoing ‘on-shoring
movement’, allow the company to bring manufacturing jobs back to the U.S. while
simultaneously addressing a growing market demand for dependable, high quality
products and driving maximized shareholder value.
For more information, visit www.oakg.net
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