CleanSpark Among the First to be Accepted to San Diego Regional Energy Innovation Network

19 Apr 2017

CleanSpark, Inc. (OTC: CLSK), a microgrid company that is combining a patented "stratified" downdraft gasifier along with advanced engineering, software and controls for innovative distributed energy resource management systems, announced it was accepted to the San Diego Regional Energy Innovation Network (SDREIN), an accelerator program for entrepreneurs that are developing solutions to help address the region's energy priorities.

Matthew Schultz, Chief Executive Officer of CleanSpark, Inc., commented, "With this new funding, we have the opportunity to expand our work to support the complex energy needs in the region and further refine the performance of our cloud-based energy platform." 

Equipped with a $5 million grant from the California Energy Commission, SDREIN is a new accelerator program aimed at serving start-ups that are working on energy-efficiency technology, renewable energy, energy storage and smart metering / smart grid technology and other energy services. CleanSpark was one of 10 companies selected to participate in the program. The company plans to use the funds for pilot programs and partnerships with national laboratories to independently verify performance of its flex Power Systemâ„¢, an integrated microgrid control platform that seamlessly integrates all forms of energy generation with energy storage devices and controls facility loads to provide energy security in real time free of cyber threats.  

CleanSpark delivered a seven-minute "TED-style" talk about its technologies on April 12, 2017 at a public event hosted by Cleantech San Diego, a member-based trade organization supporting the cleantech industry in the greater San Diego region, including Imperial County.

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