Tritium and Electric Era Collaborate on Energy Storage System for Electric Vehicle Chargers
September 02 2021 - 6:00AM
Business Wire
New battery and energy management system helps
operators save money and improve resilience
As the U.S. Congress prepares to pass an infrastructure bill
allocating $7.5 billion to electric vehicle (EV) charging, Tritium
and Electric Era are partnering to deploy an energy storage system
with direct current (DC) fast charging technology to provide an
innovative way to deploy resilient charging infrastructure. Tritium
has provided their RT175-S charger for integration with Electric
Era’s PowerNode™ high-power stationary energy storage system to
help site owners and operators achieve greater cost savings, more
site resilience and accelerated build timelines.
“We are excited to work with Tritium because we believe
equipping fast chargers with the best storage technologies will
speed up the deployment of charging infrastructure, accelerate
electric vehicle adoption, and ultimately reduce emissions,” said
Quincy Lee, CEO of Electric Era. “Through our system we hope to
incentivize more businesses to deploy electric vehicle chargers on
their lots to help build a more robust infrastructure network.”
The Electric Era system prioritizes the use of stored energy
within its battery management system to charge EVs, instead of
defaulting to electricity solely from the grid. The system’s
management platform uses a proprietary algorithm to monitor
charging demand against the cost of grid and battery-stored energy,
providing site owners and operators the opportunity to reduce power
by 50 percent and operating costs by up to 30 percent through cost
effective power delivery to EVs and a greater opportunity to
leverage demand response events and peak shaving.
“By integrating Tritium DC charging solutions with innovations
like Electric Era’s battery and management system, we can help
increase uptime and help charging site owners increase their return
on investment with higher energy output and lightning fast charging
times,” said Mike Calise, President of Americas at Tritium.
“Battery storage systems can increase site capacity by up to 50
percent without extensive site and grid upgrades, a win-win for
both our customers and EV drivers.”
Tritium continues to expand globally with new high-powered
installations in California, Maryland, and New York in the U.S. as
well as Italy, Monaco, Australia, and other countries. The
company’s small footprint, sealed enclosure, and liquid cooled DC
fast charging technology can reduce total cost of ownership by up
to 37 percent over 10 years compared to air-cooled systems. This
can enable greater profitability for charge point operators and
offers EV drivers an easy and convenient charging experience.
About Tritium
Founded in 2001, Tritium designs and manufactures proprietary
hardware and software to create advanced and reliable DC fast
chargers for electric vehicles. Tritium's compact and robust
chargers are designed to look great on Main Street and thrive in
harsh conditions, through technology engineered to be easy to
install, own, and use. Tritium is focused on continuous innovation
in support of our customers around the world.
As announced on May 26, 2021, Tritium has entered into a
definitive agreement for a business combination with
Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN,
DCRNW), a publicly traded special purpose acquisition company
(SPAC), that would result in Tritium becoming a publicly listed
company. Completion of the proposed transaction is subject to
customary closing conditions and is expected to occur in the fourth
quarter of 2021.
For more information, visit tritiumcharging.com.
About Electric Era
Electric Era designs and manufactures energy storage systems for
fast charging stations. The company was founded in 2019 to enable
the rapid electrification of transportation’s power supply to
facilitate widespread electric vehicle adoption. Electric Era is
rewriting the conventions of EV charging infrastructure with its
leading energy storage technology that provides the high-power
necessary for DC Fast Charge sites while offering the lowest price,
smallest footprint, and longest cycle life
To learn more, visit electriceratechnologies.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210902005186/en/
Tritium Media Contact: Sarah Malpeli 408-806-9626 ext
6840 sarah@technicacommunications.com
Tritium Investors Contact Caldwell Bailey ICR, Inc.
TritiumIR@icrinc.com
Electric Era Media Contact Ryan Schleifman (732) 887-7704
ryan.schleifman@ElectricEraTechnologies.com Twitter:
https://twitter.com/electriceratech LinkedIn:
https://www.linkedin.com/company/electric-era
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