SALT LAKE CITY, Jan. 19, 2021 /PRNewswire/ -- CleanSpark, Inc.
(Nasdaq: CLSK), ("CleanSpark", or "The Company"), an advanced
software and controls technology solutions company focused on
solving modern energy challenges announced a new solar-plus-storage
microgrid with EPC (Engineering, Procurement, and Construction)
partner, Solar Watt Solutions.
Microgrid Technology to be Deployed at Medical Center, Bitcoin
Mining Facility.
Previously, CleanSpark announced it had executed a contract for
a new Southern California
microgrid. The energy storage project has been successfully
installed and deployed by Solar Watt Solutions including
CleanSpark's patented controls on site for resiliency.
An additional contract was signed this week for a medical
facility in Orange County that
will feature 100kw rooftop and carport solar with 30kw/70kw
battery. CleanSpark's patented mPulse controller will optimize the
solar plus storage resources to provide the customer with
significant cost savings. Based on prior results and the recent
mVSO evaluation the medical facility is expected to save around 90%
on the monthly energy costs. The facility owner anticipates, that
with CleanSpark's solution, they can secure a three-year payback on
the fully installed system.
David Watt, President of Solar
Watt Solutions said, "The addition of CleanSpark's software and
engineering resources has allowed us to meet the increased demand
in the market for solar plus storage solutions. Their controls
software and energy storage relationships have helped save our
customers money and make them less reliant on the utility
companies, especially in these uncertain times."
Zachary Bradford, CleanSpark's
President and Chief Executive commented, "This is another success
for CleanSpark's strategy of engaging with large regional partners.
Solar Watt is helping residential and small commercial businesses
save on their energy costs via solar and storage solutions as well
as providing resiliency solutions. Our products and services are a
perfect complement to Solar Watt's existing offerings to bring
their customers the benefits of intelligently controlled storage
and other microgrid services. Our 'one to many' approach has
continued to pay dividends for both CleanSpark as well as our
energy partners."
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/
CleanSpark periodically speaks at virtual conferences and
events, if the event was recorded the recordings can be found on
the events page 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 5,900 ASIC and 300 PH/s in mining capacity by 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
About Solar Watt Solutions
Solar Watt Solutions, Inc., a California corporation, is a system integrator
that assists customers in finding the energy products that best fit
their needs while working with a range of equipment manufacturers
to provide a cost-effective solution for a residential or
commercial projects.
Solar Watt Solutions helps businesses and homeowners install
solar and batteries to save money on energy bills and reduce
dependence on increasing energy costs from public utilities. We
help customers realize all the local, state, and Federal incentives
including going green benefits, which make solar energy more
affordable than ever before. Our customers can take pride in
knowing that they are part of the solution, not the problem.
For more information, visit https://www.solarwattsolutions.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 energy solutions on the
project, 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.
Contact - Investor Relations:
CleanSpark Inc.
Investor Relations
(801)-244-4405
View original content to download
multimedia:http://www.prnewswire.com/news-releases/cleanspark-partnership-delivers-another-new-commercial-microgrid-in-orange-county-301210616.html
SOURCE CleanSpark, Inc.