> Storage System and AI Kick Off the First OZOP Project Portfolio > > WARWICK, NY, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions (OZSC), (“Ozop” or “the Company”), announced today that its wholly owned subsidiary, Ozop Energy Systems, Inc. has executed a purchase order for a Tesla MEGAPACK® for their first of more than a half dozen projects, staged in a queue of portfolios of several hundred properties. > > The start of this energy storage project will be designed using the Tesla Megapack and will be managed in conjunction with STEM®’s Athena® Artificial Intelligence that will control the system for the next 20 years. At the site level, this system requires 40% less space and 10X fewer parts. As a result, this high-density, modular system can be installed many times faster than current systems on the market. > > This first project will consist of the Tesla Megapack, a 4,000-kWh storage unit that will be part of the Con Edison Call-Window Program. This program allows for the discharge of electricity into the power lines upon Con Edison’s request, during their network’s critical peak times. > > OZOP has built a robust infrastructure of high-value partners and suppliers for these systems and is pleased to be executing the first full-system design. The first five or six locations will be carefully monitored internally, and that data will become the bedrock for the development of a series of five to ten location portfolios using our innovative third-party funded business model. > > “We look forward to working with this team of consummate professionals, as Ozop Energy Systems is committed to providing solutions to make a positive impact in our country’s energy transition challenges” said Brian Conway, CEO at Ozop. > > For more information on OZSC, visit www.OzopEnergy.com. Please be aware that our social media accounts can be used from time to time for additional material events.
https://www.globenewswire.com/en/news-release/2021/08/25/2286612/0/en/Ozop-Energy-Solutions-Inc-to-Utilize-Tesla-MEGAPACK-in-Battery-Storage-System-Design-Updated.html
elon Musk — the tech tycoon and "technoking" at major electric vehicle manufacturer Tesla Inc. (NASDAQ:TSLA) and SpaceX — has been named by Time Magazine as its 2021 Person of the Year. What Happened: Time editor-in-chief and CEO Edward Felsenthal said the "Person of the Year is a marker of influence, and few individuals have had more influence than Musk on life on Earth, and potentially life off Earth too." Felsenthal said Musk's largest impact was Tesla, which in 2021 saw electric cars become mainstream and push the company's valuation past $1 trillion. "[I]t’s a market that Musk almost single-handedly created, seeing long before others the demand for clean-energy transportation that the world’s climate crisis would eventually propel," according to Felsenthal.
