e2Companies To Install Patented R3Di® System at Pennsylvania Pipe Manufacturer Oil Creek Plastics

BONITA SPRINGS, Fla., July 01, 2024 (GLOBE NEWSWIRE) — e2Companies, a leading provider of integrated solutions for power generation and distribution, will install its patented R3Di® System to improve power quality and reliability for Oil Creek Plastics, a family owned and operated business in Titusville, Pennsylvania.

Located in the birthplace of the oil industry, the company has been an industry leader in the small diameter pipe and tubing market since 1972 and is known for its innovative products designed for multiple infrastructure applications. However, in recent years, disruptions in the power supply have become increasingly common at the facility, impacting production and leading to tens of thousands of dollars in downtime and material costs each month.

The facility uses sensitive electronic equipment used to manufacture large rolls of plastic pipe. When operations experienced a disruption in power, they had to restart production and recalibrate equipment.

To solve these challenges, the R3Di® System will provide two megawatts (2MW) of uninterruptible, conditioned power for the building. In addition to connecting to the electric grid and a natural gas generator, the R3Di® System will store energy from the facility’s 1000kW solar photovoltaic panels.

e2Companies combines the system with grid optimization software and services to strategically dispatch power based on weather, market pricing, and grid conditions to make it a full–service Virtual Utility®, the first utility–grade network of Distributed Energy Resources (DERs) operating as a turnkey, integrated solution.

The project is expected to be completed and commissioned by the end of 2025.

“The new R3Di® System will eliminate brown outs and black outs, improving the efficiency of our machines and employees while also allowing us to reduce costs and carbon emissions using the system’s Battery Energy Storage System and natural gas generators,” Oil Creek Plastics Owner CJ Kirvan said.

The system is “designed to run flexibly, with the ability to power critical loads for building operations while benefiting from onsite solar generation to lower total kWh usage and increase the potential to receive credits from the public utility for producing excess power on hot sunny days,” according to e2Companies Business Development Lead Matt Graham.

The facility will also benefit from tax incentives as a result of the federal Inflation Reduction Act, which provides an investment tax credit of 30% for qualifying projects that include microgrids with energy storage technologies.

The project was referred by Voltus, a leading platform for distributed energy resources and demand response programs that helps customers earn money by curtailing energy consumption during peak times.

About e2Companies
e2Companies is accelerating the energy transition with Virtual Utility®, the first utility–grade network of distributed energy resources that delivers Grid 3.0, autonomous grid stability. e2Companies’ patented technology, the R3Di® System, provides a synthetic utility BUS with inertia for continuous on–site power and seamless resiliency. The R3Di® System is continuously monitored by the Grove365 to optimize resources, track ESG targets, and unlock new revenue opportunities for customers.

To learn more about e2Companies, visit www.e2companies.com.

Investor Contact
Investors may contact [email protected] with inquiries.

Media Contact
Media may contact [email protected] or call 844–397–2692.



GLOBENEWSWIRE (Distribution ID 9171104)

Erie County to Deploy Microgrid at Rath Building with e2Companies R3Di® System

BONITA SPRINGS, Fla., May 22, 2024 (GLOBE NEWSWIRE) — e2Companies, a leading provider of integrated solutions for power generation and distribution, and its subsidiary, Palm Energy, are leading a Microgrid and Resiliency Solutions Project for the Erie County Department of Public Works, which aims to increase power reliability at their buildings in Western New York.

This initiative begins with the need for a more reliable, cost–effective alternative for backup power generation at the Edward A. Rath County Office Building, a 16–story building that houses many of the county’s public offices. e2Companies will install its patented R3Di® System to provide uninterruptible, conditioned power for the building. In addition, the R3Di® System will incorporate a new rooftop solar array, making it a turnkey microgrid, further enabling flexibility for the utility during times of emergency grid conditions. e2Companies combines the system with grid optimization software and services to strategically dispatch power based on weather, market pricing, and grid conditions to make it a full–service Virtual Utility®, the first utility–grade network of Distributed Energy Resources designed to deliver full visibility and control with a turnkey, integrated solution.

As part of a long–term partnership stemming from this project, e2Companies and Palm Energy will evaluate Microgrid power needs for other facilities across Erie County and recommend solutions that may include on–site power systems, which will enhance their reliability and sustainability, and in turn energy costs and savings.

“In addition to no longer having to worry about providing power to a mission–critical building, Erie County is able to use our expertise to participate in market programs that may not have been feasible in the past,” said Jeffrey Bonerb, Vice President of Strategic Business Partnerships at e2Companies. “Our solutions are available to commercial, industrial, and government entities across New York State, and we are excited to expand our portfolio in the NYISO territory.”

e2Companies will partner with 34 Group, a New York State–certified Minority Business Enterprise led by Hall of Fame running back Thurman Thomas, to manage the construction of other projects identified through their ongoing assessments. “The project aligns well with 34 Group’s mission to build stronger communities by investing in construction that serves the public good and creates more local jobs,” Thomas said.

Erie County Public Works Commissioner William Geary said the Microgrid and Resiliency Solutions Project is an innovative partnership that sets a foundation for the county to continue being good stewards to the community during this global energy transition.

“Collaborating with e2Companies, Palm Energy, and 34 Group brings together the expertise and resources needed to propel our energy projects to success, leveraging each partner's strengths for a more sustainable future,” Geary said.

About e2Companies
e2Companies is accelerating the energy transition with Virtual Utility®, the first utility–grade network of distributed energy resources that delivers Grid 3.0, autonomous grid stability. e2Companies’ patented technology, the R3Di® System, provides a synthetic utility BUS with inertia for continuous on–site power and seamless resiliency. The R3Di® System is continuously monitored by the Grove365 to optimize resources, track ESG targets, and unlock new revenue opportunities for customers.
To learn more about e2Companies, visit www.e2companies.com.

Investor Contact
Investors may contact [email protected] with inquiries. 

Media Contact
Media may contact [email protected] or call 844–397–2692.


GLOBENEWSWIRE (Distribution ID 9121529)