“When selecting a location for our R&D facility we considered a number of California locations. The city of Riverside proved to be the clear winner,” said Mike Hopkins, CEO of Ice Energy. Explained Chris Tillotson, CIO and head of R&D for Ice Energy, “The city’s commitment to high technology business development in the form of grants and incentives, the University of California, Riverside, and the growing number of high tech and HVAC businesses in the area all contributed significantly to our decision.”

Ice Energy will be hiring a team of 12 to staff the center, which will serve as its primary research and development location and also its application engineering facility.

“The city is very pleased Ice Energy has selected Riverside as the location for its research and development base. While the city’s Ice Bear program is providing peak power reduction on the most impacted parts of our grid, Ice Energy’s new R&D facility will be providing jobs, internships, and learning opportunities for our community,” said Girish Balachandran, general manager, Riverside Public Utilities.

Ice Energy’s flagship commercial product, Ice Bear, attaches to one or more standard 5-20 ton commercial rooftop HVAC units and freezes ice at night when demand for power is low and capacity is abundant. The stored ice is used during the day to provide cooling instead of power-intensive air conditioning compressors, effectively solving the problem of peak load management.

Almost 1,000 Ice Bear units are already installed in more than 40 different utility service territories nationwide, approaching 29 million hours of operation.

For more information, visit www.ice-energy.com.

Publication date: 8/24/2015

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