Oakridge Global Energy Solutions, Inc. (OGES) Continues to Lead On-Shoring Movement with Announcement of Freedom IV Product Line
Power outages can be a costly issue for small businesses and homeowners. According to a report by Climate Central, an estimated 147 million utility customers lost power for at least an hour due to weather-related outages over the last decade, an average of nearly 15 million customers each year. For small businesses, these outages often result in a loss of productivity and, as a result, lost revenue. For homeowners, they can mean hundreds of dollars in lost groceries and considerable inconvenience.
Traditionally, the best approach to limiting the effects of power outages has been gasoline or diesel powered generators. However, generators present a host of critical drawbacks to users – including substantial noise, an unpleasant odor and general unreliability. In September, Oakridge Global Energy Solutions, Inc. unveiled an alternative to this problematic back-up power solution through the introduction of its innovative Freedom IV stationary power system.
“Our Freedom IV stationary power system will allow homeowners to move away from the noisy, smelly, sometimes unreliable generators and rely on clean lithium batteries for their back up power,” Steve Barber, executive chairman and chief executive officer of Oakridge, stated in a news release. “This revolutionary product will provide many hours of clean power and years of peace of mind.”
Oakridge will begin shipping the Freedom IV product line in December. In order to address the specific power requirements of customers, the company plans to offer a variety of sizes ranging from 6.5 kilowatt hours (kWh) to more than 35 kWh. During installation, homeowners will have the option to interface the Freedom IV system with existing solar or wind power infrastructure for off-grid applications or connect it to the grid in order to save money during peak hours by storing energy during off-peak times.
In addition to providing high quality stored energy solutions to a rapidly expanding market, Oakridge is ensuring that it has a positive impact on its community by manufacturing its lithium battery systems domestically in its recently-completed U.S. manufacturing facilities. These efforts, which Oakridge management refer to as part of the ongoing ‘on-shoring movement’, allow the company to bring manufacturing jobs back to the U.S. while simultaneously addressing a growing market demand for dependable, high quality products and driving maximized shareholder value.
For more information, visit www.oakg.net
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