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Blue Planet Energy Expands Into Commercial Energy Storage Market With Blue Ion LX

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New, scalable commercial energy storage solution designed to increase resilience, accelerate renewable energy adoption

SALT LAKE CITY & HONOLULU–(BUSINESS WIRE)–SOLAR POWER INTERNATIONAL — Hawai’i-based Blue Planet Energy has expanded its Blue Ion line of safe, scalable energy storage solutions with the introduction of Blue Ion LX for commercial and industrial (C&I) applications. The Blue Ion LX is built on the same fire-safe Lithium Ferrous Phosphate (LFP) technology as the Blue Ion 2.0, which has been field proven since 2015 and sets the bar for lithium-ion safety and reliability. Leveraging experience with more than 100 commercial installations to-date, Blue Planet Energy’s introduction of Blue Ion LX comes in direct response to C&I customers’ desire for quality, scalable and safe high-capacity energy storage in microgrid, critical infrastructure and resilience applications.

“From our base in Hawai’i, we have worked closely with our partners and customers to make energy storage easier to adopt as a key to decarbonizing energy. In 2018, the company joined Elemental Excelerator’s portfolio and received funding and support to scale our commercial energy storage offering with the same rigorous standards for safety and reliability Blue Planet Energy is known for,” said Blue Planet Energy COO Chris Johnson. “As we roll out LX with our signature personalized sales and technical support, we are proud to provide another product ‘Powered by Aloha’ and bring the best of the Islands to new markets.”

Blue Planet Energy developed the high-voltage Blue Ion LX system in close collaboration with energy storage integrators who have installed over 10 MWh of commercial systems using Blue Planet Energy technology. The new product uses a modular 64 kWh dual-cabinet energy storage block that scales to system capacities of 2 MWh+ for ease of integration in commercial storage markets, such as those in remote locations or areas with an unreliable grid that demand the most robust and high-quality systems. As with all its solutions, Blue Planet Energy provides services for Blue Ion LX including project design and sales support; component compatibility testing and assurance; system-level component configuration and integration; installation support; and O&M services. Backed by an industry-leading 15-year performance warranty, Blue Ion LX performs at double the lifespan of competitive solutions with its 8,000 cycle life at 100 percent depth of discharge.

Blue Planet Energy founder and CEO Henk Rogers innovated the Blue Ion line of energy storage solutions in 2014, and recently surpassed the 1,000 cycle milestone for his Blue Ion battery system that has been operational at his off-grid residence in Hawai’i for over five years. His mission to eliminate global dependence on carbon-based energy and de-risk energy storage technologies guides Blue Planet Energy’s integrated approach to built-in safety and reliability. Blue Ion technology starts with the industry’s safest LFP cell design and adds additional layers of safety through the quality build of components and a unique system architecture. This includes system-level protection provided by an advanced Battery Management Unit (BMU), that safeguards the system with additional hardware and software protections, especially critical for high-voltage commercial installations.

Blue Planet Energy at Solar Power International (SPI) 2019

SPI attendees can meet the Blue Planet Energy ‘ohana at Booth #7242, where technical team members are available for energy storage project consultations and the new Blue Ion LX will be on display. Register to join the Hawaiian vibe at the Blue Planet Energy Lu’au Happy Hour on Tuesday, September 24, from 4–6pm local time and raise a drink to the introduction of Blue Ion LX and the electrifying momentum in the carbon-free economy.

Blue Planet Energy Systems Engineering Specialist Wes Kennedy will be joining fellow energy storage experts to discuss real-life lessons learned from solar-plus-storage installations on the panel Goldilocks PV + Storage Plant: How Do You Make Your Project “Just Right?” happening Tuesday, September 24, at 4pm local time.

Blue Planet Energy and Schneider Electric have teamed up at SPI to present a free 4-hour technical training on the integration of high-performance energy storage and power conditioning systems. System design approaches, component selection, and configuration options and optimization will be covered. RSVP for the training event on Wednesday, September 25, from 1–5pm local time in the Radisson Hotel, meeting room Parleys 1 and 2 here: https://bit.ly/2kHxEil

About Blue Planet Energy

Blue Planet Energy is making the promise of grid independence a reality. With Blue Ion – the industry’s most reliable and safest energy storage solution – Blue Planet Energy customers are experiencing true freedom from the old monopoly utilities. Powered by safe Lithium Ferrous Phosphate (LFP) batteries, the Blue Ion energy storage system is guaranteed to deliver a higher-quality, longer-lasting solution at the industry’s lowest cost of ownership. Blue Planet Energy’s energy storage systems are used by both businesses and homeowners to provide energy security, independence from the utility grid, and to drive the increased use of renewable power generation. To learn more about our technology or join our top-notch dealer network, visit: https://BluePlanetEnergy.com.

Contacts

Paige Rutten

Blue Planet Energy

press@blueplanetenergy.com

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Business Wire

 2019 World Sensors Summit Unveiled—Maiden Announcement of Plan for China (Zhengzhou) Intelligent Sensor Valley

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BEIJING–(BUSINESS WIRE)–On the morning of November 9, a grand opening for the 2019 World Sensors Summit (WSS) landed on Zhengzhou International Convention Centre. Guided by Ministry of Industry and Information Technology of the People’s Republic of China and the China Association for Science and organized by China Instrument and Control Society and National Zhengzhou Hi-tech Industrial Development Zone, the summit was hosted by the People’s Government of Henan, China Instrument and Control Society, Henan Provincial Development and Reform Commission, Henan Provincial Department of Science and Technology, Henan Provincial Industry and Information Technology Commission, Henan Provincial Foreign Affairs Committee Office, Henan Association for science and technology and the People’s Government of Zhengzhou. Participators included experts from eight countries and regions including China, the US, Japan, Germany, the UK, Italy, South Korea and 12 international organizations, representatives from Siemens, Panasonic, Honeywell, GE, Alibaba, JD.com, Dassault, CNPC and China Academy of Space, and over 300 renowned companies in the sensor industry.

The plan for China (Zhengzhou) Intelligent Sensor Valley has been officially announced. It specifies two goals, firstly to build one hundred billion-worth industrial clusters and sensor towns for establishing the “one valley, multiple sites” industrial space layout, and secondly to create an excellent industry ecological environment and take effective measures to build the cluster.

To build the “three special industrial chains” and “three industrial clusters”, National Zhengzhou Hi-tech Industrial Development Zone will keep improving innovative capabilities by establishing Zhengzhou Intelligent Sensor Institute and a platform that introduces intelligent sensors for promoting technological innovation and facilitating the cooperation for platforms that combine industry, teaching and research. Based on the current resources of national labs and universities, the collaboration between universities and enterprises will be enhanced in building test platforms for generic technology and establishing the Zhengzhou standards and tests and thus promoting industrial development.

To ensure smooth implementation, guarantees in policy, elements and environment are also included in the plan. Combining resources and effective policy design, excellent methods of investment promotion and industrial resources linkage will be taken to ensure the introduction of high-quality projects into or out of China.

APUS, a Chinese unicorn company providing mobile service to 1.4 billion global users, has helped promote WSS2019 via platform built in APUS System and AI powered solution of advertisement distribution.

Contacts

APUS Group

Lynn Wang

info@globalnewsonline.info
010-5668-6973

www.apusapps.com

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Business Wire

Shareholder Alert: Robbins LLP Announces Plantronics, Inc. (PLT) Sued for Misleading Shareholders

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SAN DIEGO & SANTA CRUZ, Calif.–(BUSINESS WIRE)–$PLT–Shareholder rights law firm Robbins LLP announces that a purchaser of Plantronics, Inc. (NYSE: PLT) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between July 2, 2018 and November 5, 2019. Plantronics designs, manufactures, and markets various integrated communications and collaborations solutions for corporations, small businesses, and individuals.

If you suffered a loss as a result of Plantronics’ misconduct, click here.

Plantronics, Inc. (PLT) Accused of Misleading Shareholders

According to the complaint, throughout the relevant period, Plantronics reported increasing net revenues in the hundreds of millions and in August 2019, the Company announced expected revenue between $1.87 and $1.97 billion for fiscal year 2020. However, Plantronics had failed to disclose to investors that the Company had engaged in channel stuffing to artificially boost sales and that the Company lacked internal control over inventory, including an inability to monitor inventory levels ahead of multiple product launches. The adverse impact of these issues became realized on November 5, 2019, when Plantronics disclosed a $65 million reduction in channel inventory “by reducing sales to channel partners” and slashed its fiscal 2020 guidance. On this news, Plantronics’ stock price fell $14.44 per share, nearly 37%, to close at $25.00. The stock has yet to recover.

Plantronics, Inc. (PLT) Shareholders Have Legal Options

Contact us to learn more:

Leo Kandinov

(800) 350-6003

lkandinov@robbinsllp.com
Shareholder Information Form

Robbins LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click here to receive free alerts from Stock Watch when companies engage in wrongdoing.

Attorney Advertising. Past results do not guarantee a similar outcome.

Contacts

Leo Kandinov

Robbins LLP

lkandinov@robbinsllp.com
(619) 525-3990 or Toll Free (800) 350-6003

www.robbinsllp.com

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Business Wire

Onset Financial Named a Winner of the Utah Top Workplaces 2019 Award

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DRAPER, Utah–(BUSINESS WIRE)–#equipmentleasing–Onset Financial was just named the 14th Best Place to Work in Utah. The Salt Lake Tribune released the list based on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.

“The Top Workplaces award is about much more than recognition and celebration,” said Eric Rubino, CEO of Energage. “Our research also shows that these organizations achieve higher referral rates, lower employee turnover, and double the employee engagement levels. It just goes to show that being intentional about culture delivers bottom-line results.”

Onset Financial dedicates time and effort to provide employees with an environment focused on their needs. As a core value, a healthy company culture is crucial to creating a dominating workplace. Onset Financial holds semiannual employee training, provides unlimited free cereal, distributes a hearty amount of company swag, serves catered lunches every Friday and focuses on employee appreciation.

“It’s exciting to be recognized as a top workplace in Utah, and I’m grateful to the members of our team who have put in the time to make Onset the place to be,” said Justin Nielsen, CEO of Onset Financial. “We are experiencing a record year and we know our employees are the biggest reason for this success.”

Most recently, Onset Financial launched Onset Fit. This program offers trainer-led workouts three times a week to employees during their lunch hour.

About Onset Financial, Inc. – Founded in 2008, Onset Financial, Inc. is the industry leader in equipment leasing and financing. Onset’s seasoned Management Team has decades of equipment leasing experience and key industry relationships that enable Onset to offer additional flexibility in lease structuring. For more information please call 801-878-0600 or visit www.onsetfinancial.com.

Contacts

Debbie Worthen

Onset Financial, Inc.

o: 801.878.0600

f: 801.878.0601

dworthen@onsetfinancial.com
www.onsetfinancial.com
Facebook: https://www.facebook.com/OnsetFinancial
Twitter: https://twitter.com/OnsetFinancial
LinkedIn: https://www.linkedin.com/company/onset-financial

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