CleanSpark Announces Enhancements to mVSO Energy Modeling Software
January 26 2021 - 9:25AM
CleanSpark, Inc. (Nasdaq: CLSK), (“CleanSpark, or the Company”), an
advanced software and controls technology solutions company focused
on solving modern energy challenges, today announced a release
upgrade to its mVSO, microgrid Value Stream Optimizer. mVSO is
CleanSpark’s microgrid planning and proposal software for energy,
solar, and storage developers as well as EPC firms (Engineering,
Procurement and Construction).
The latest release to mVSO includes significant enhancements to
all customer-facing reports and financial analyses. Report
interfaces have been redesigned from the ground-up to provide
clear, concise, and compelling graphics and tables to help project
developers collaborate with their customers to identify the optimal
solution to meet their needs. From top-level financial metrics
across a 20-year project lifetime to sample operational charts with
15-minute resolution, every aspect of the proposed microgrid is
described and explained in terms the most non-technical customer
can understand. These clearly defined outcomes are an invaluable
tool in growing the sales channels for all types of energy
providers, especially with the recent impetus on expansion of
renewable energy initiatives under the new Administration.
mVSO can now seamlessly ingest outputs from a variety of other
renewable energy related software, including Helioscope, PVSyst,
and PVWatts modeling systems. The software continues to accept
custom rate structures as well as hourly interval data in simple
Excel and CSV file formats.
CleanSpark Chief Technology Officer, Amanda Kabak said, “We made
these significant improvements not only based on feedback from our
current users, but also on our own modeling experience during
direct sales of our mPulse controller. We have crafted the outputs
to accurately tell a story that addresses capital expenditure and
return, utility consumption, detailed savings breakdown, and the
interplay of the different distributed energy resources within the
microgrid itself.”
Kabak added, “In addition to improved reporting, mVSO now
supports integrating with externally modeled solar data. This
request arose from current and potential customers to expand their
offering processes. Many of our mVSO customers are experienced
solar project developers having numerous existing—and
complementary—tools at their disposal.”
Parties interested in learning more about CleanSpark products
and services are encouraged to inquire by contacting the Company
directly at info@cleanspark.com or visiting the Company’s website
at www.cleanspark.com.
Investors are encouraged to contact the Company
at ir@cleanspark.com or visiting the Company’s website at
https://ir.cleanspark.com/
About CleanSpark:
CleanSpark, Inc., a Nevada corporation, is in the business of
providing advanced software and controls technology solutions to
solve modern energy challenges. We have a suite of software
solutions that provide end-to-end microgrid energy modeling, energy
market communications, and energy management solutions. Our
offerings consist of intelligent energy monitoring and controls,
intelligent microgrid design software, middleware communications
protocols for the energy industry, energy system engineering, and
software consulting services.
Through its wholly owned subsidiary ATL Data Centers LLC,
CleanSpark owns and operates a data center that provides customers
with traditional on-site and cloud-based data center services. The
Company also owns and operates a fleet of over 3,400 ASIC
(application-specific integrated circuit) Bitcoin miners producing
over 200 PH/s in mining capacity. Capacity is expected to increase
to over 300 PH/s in mining capacity in early 2021. CleanSpark plans
to apply its technologies with a goal of mining bitcoins at the
lowest energy prices in the United States. For more information,
visit https://ATL-DATA.com
Forward-Looking Statements:
CleanSpark cautions you that statements in this press release
that are not a description of historical facts are forward-looking
statements. These statements are based on CleanSpark's current
beliefs and expectations. The inclusion of forward-looking
statements should not be regarded as a representation by CleanSpark
that any of our plans will be achieved. Actual results may differ
from those set forth in this press release due to the risk and
uncertainties inherent in our business, including, without
limitation the successful deployment of our energy solutions, the
fitness of our energy software and solutions for this particular
application or market, the expectations of future revenue growth
may not be realized, ongoing demand for our software products and
related services, the impact of global pandemics (including
COVID-19) on the demand for our products and services; and other
risks described in our prior press releases and in our filings with
the Securities and Exchange Commission (SEC), including under the
heading "Risk Factors" in our Annual Report on Form 10-K and any
subsequent filings with the SEC. You are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the date hereof, and we undertake no obligation to
revise or update this press release to reflect events or
circumstances after the date hereof. All forward-looking statements
are qualified in their entirety by this cautionary statement, which
is made under the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995.
Investor Relations
CleanSpark, Inc.
(801)-244-4405
ir@cleanspark.com
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