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Dynapower Energy Storage Technology Powers Innovative New Electric Bus Depot in Montgomery County, MD

Dynapower Energy Storage Technology Powers Innovative  New Electric Bus Depot in Montgomery County, MD
Brookville Battery Energy Storage System

Dynapower battery energy storage system at the Brookville Smart Energy Bus Depot will help provide uninterrupted power to Montgomery County’s fleet of electric buses. Photo courtesy of AlphaStruxure

SOUTH BURLINGTON, Vt. – October 31, 2022 – (Newswire.com)

Dynapower, a global leader in power conversion and energy storage solutions, has partnered with Alphastruxure and Montgomery County, Maryland to provide energy storage that will help provide uninterrupted power to the county’s fleet of electric buses using on-site generation including renewable resources.

The Brookville Smart Energy Bus Depot uses an integrated system of solar, microgrid energy storage, and electric charging stations which will eventually power 70 electric buses (50% of the Brookville bus fleet) with 4.14 megawatts of charging capacity. Transitioning these 70 buses at the depot from diesel to electric, powered by the on-site clean energy microgrid, will reduce lifetime emissions by 62 percent, equivalent to more than 160,000 tons of greenhouse gases over the next 25 years.

Dynapower’s 3 megawatt/4.3 megawatt hour CPS-i Integrated Energy Storage System provides the microgrid battery energy storage for the depot, storing power to charge the electric buses and enabling 100% operational capacity in the event of a grid outage. It also allows participation in a demand response program with Potomac Electric Power Company (Pepco), which supports regional grid performance and optimization for greater energy resilience for local residents and businesses.

Statewide, Maryland is working towards a 50 percent zero-emission bus fleet by 2030. The Brookville Smart Energy Bus Depot is aligned with the county’s priorities to reduce emissions from public transportation while enhancing the resilience of the community and infrastructure assets.

“We’re proud and honored to help support Montgomery County’s efforts to move towards sustainability, electrification and climate resilience,” said Adam Knudsen, General Manager of Dynapower. “This project aligns with our own goals of powering a cleaner planet and reducing carbon emissions worldwide.”

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ADDITIONAL INFORMATION

About Dynapower

Dynapower is a trusted leader in energy storage and power conversion solutions, working to advance the world’s clean energy future. With its expansive line of inverters, DC converters, energy storage systems, high power rectifiers and transformers, Dynapower is powering up clean energy markets such as hydrogen, e-mobility, and energy storage, and also serves industrial and defense markets. With headquarters in South Burlington, VT, Dynapower collaborates with its partners and customers to power a cleaner planet. Learn more at www.dynapower.com.

About AlphaStruxure

AlphaStruxure is a leading Energy as a Service (EaaS) provider that designs, builds, owns, operates, and maintains tailored energy infrastructure, including microgrids. Unlike other EaaS providers, AlphaStruxure owns its clients’ systems for their lifecycle, making it fully accountable for long-term outcomes on resilience, reliability, greenhouse gas reduction, and cost stability — without the CapEx or complexity. AlphaStruxure’s unique joint-venture model combines Carlyle’s capital backing with Schneider Electric’s 185+ year legacy and its track record as the #1 microgrid technology provider, with over 300 successful projects across North America. As a steadfast innovator in the new energy landscape, AlphaStruxure unlocks ambitious transformations for energy-intensive private and public sector organizations. AlphaStruxure is based in Boston, MA and operates across North America while leveraging global capabilities.

Contact Information:

Jenifer Audette

Marketing Manager

[email protected]

8026521383

Related Images


Brookville Battery Energy Storage System

Brookville Battery Energy Storage System


Dynapower battery energy storage system at the Brookville Smart Energy Bus Depot will help provide uninterrupted power to Montgomery County’s fleet of electric buses. Photo courtesy of AlphaStruxure


Brookville Smart Energy Bus Depot

Brookville Smart Energy Bus Depot


The Brookville Smart Energy Bus Depot will eventually power 70 electric buses, providing clean transportation to residents of Montgomery County, MD. Photo courtesy of AlphaStruxure

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Dynapower Energy Storage Technology Powers Innovative New Electric Bus Depot in Montgomery County, MD

J.P. Morgan Goes Live in Denmark With Proxymity’s Full Digital Proxy Voting Service, Vote Connect

Deployment follows similar rollouts in Belgium, France, Australia and New Zealand

J.P. Morgan Goes Live in Denmark With Proxymity’s Full Digital Proxy Voting Service, Vote Connect
Proxymity Logo

Proxymity Logo

LONDON – October 31, 2022 – (Newswire.com)

Proxymity, the leading digital investor communication platform, announced today that J.P. Morgan has gone live with its digital proxy voting service, Vote Connect, in Denmark. The successful deployment follows similar rollouts in Belgium, France, Australia, and New Zealand.

Proxymity Vote Connect is the digital proxy service powered by Proxymity’s investor communications platform. The service allows “golden source” meeting announcements and agendas to be published directly from issuers to investors. Investors can then send votes in real time to issuers or their agents without the need for manual intervention and receive digital confirmation that their votes have been cast, helping everyone in the ecosystem save both time and money.

For J.P. Morgan’s Securities Services clients, the connection with Proxymity will continue to substantially improve their voting experiences, resulting in enhanced deadlines and further improving the vote confirmation process. 

Proxymity’s digital-native platform has been built on highly scalable technology which allows secure end to end connectivity between issuers, issuer agents, custodians, and investors, providing transparency to all participants in the proxy voting chain. In addition, Proxymity natively ensures strict compliance with latest regulations including the EU Shareholder Rights Directive (SRD II). 

Speaking at the beginning of the Vote Connect rollout in October last year, Hannah Elson, Head of Global Custody, J.P. Morgan Securities Services said, “Investor communications are being transformed by replacing legacy manual processes with smart digital automation.” She continued, “Working with Proxymity reflects our commitment to providing the most innovative solutions to improve client experience, at the same time as reducing the cost and complexity of providing even higher levels of service. We are delighted to be the first major global custodian to go live on this platform for Denmark.”

In 2020, and again in 2022 as part of Proxymity’s Series B fundraising, J.P. Morgan invested in Proxymity as part of an industry-leading consortium, recognising the benefits of a widely adopted platform across the investment ecosystem.

Dean Little, Co-Founder and CEO of Proxymity, said: “We are proud to grow and deepen our working relationship with J.P. Morgan, enabling them to extend Proxymity’s solutions to their blue-chip clients across the world. This is another fantastic milestone that was made possible by the agility and dedication of the J.P. Morgan and Proxymity teams and is a great example for our industry of what can be achieved.”

About Proxymity

Proxymity connects the world’s ecosystem of issuers, intermediaries, and investors digitally in real time, bringing unprecedented transparency, efficiency, and accuracy to traditional paper-based processes. Trusted by the world’s largest financial institutions, it is the leading digital investor communications platform, serving over twenty-five markets world-wide.

Our solutions give public companies confidence that their AGM/EGM agendas are transmitted as “golden source” and provide institutional investors with the time they need to research and vote on corporate decisions, as well as actual digital confirmation that their votes have been received. The digital-native platform, built on highly scalable technology, provides full compliance with the latest regulations such as the Shareholder Rights Directive (SRD II).

Proxymity promotes enhanced environmental, social, and governance (ESG) by improving communication between issuers and investors and making it easier for intermediaries to be efficient, timely and compliant when servicing their clients.

The company is backed by a global consortium of the industry’s most influential financial institutions, representing seven of the world’s top ten Global Custodians managing over $200 trillion in assets under custody (BNP Paribas, BNY Mellon, Citi, Computershare, Deutsche Bank, Deutsche Börse, HSBC, J.P. Morgan, Mediant, State Street).

For more information, visit www.proxymity.io

Contact Information:

Kate Hamilton

VP, Marketing – Proxymity

[email protected]

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Newswire.com

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J.P. Morgan Goes Live in Denmark With Proxymity’s Full Digital Proxy Voting Service, Vote Connect