MENOMONEE FALLS, Wis. — ZBB Energy announced that it has changed its name to EnSync Inc. (dba EnSync Energy Systems). The company is a developer of energy management systems for the commercial, industrial, utility, and multi-tenant building markets.
EnSync said it has rapidly evolved from a battery company to an application solutions company, leading to its departure from branding as ZBB Energy. The company stated it provides advanced energy management systems critical to the transition from a “coal-centric economy” to one reliant on rapid growth in renewable energy.
“We are excited and confident about the future of EnSync,” said Brad Hansen, CEO and president. “Over the last year we have introduced innovative and differentiated technologies and business models, such as our advanced Matrix Energy Management™ system, a system that can manage a highly complex environment of AC and DC inputs and outputs in an exceptionally simple manner due to our ‘Auto-Sync’ DC-bus intellectual property. We also introduced our Agile™ Hybrid Storage systems for commercial and industrial buildings that enable applications that require different energy storage technologies to be performed at the same time. We became the first company to be permitted in the state of Hawaii for implementation of behind the meter energy storage integrated with solar distributed generation. Further, we broke new ground by signing our first power purchase agreements in Hawaii utilizing distributed solar generation and energy storage behind the meter. We will continue building on these innovative products, systems, and business models going forward, including being a leader in driving the realization of the ‘Internet of Energy.’ There are major discontinuities and fragmentations beginning to occur in the generation and distribution of electricity. EnSync will not just be a beneficiary of these, but indeed will create and drive them.”
For more information, visit www.ensync.com.
Publication date: 9/8/2015