Comverge Manages First Ever Curtailment Event under New Demand Response Program in South Africa
AfriSam Dudfield Cement Factory Successfully Reduced 4 Megawatts of Electricity Demand with Support of the Comverge IntelliSOURCE Software Platform
NORCROSS, Ga., March 13, 2012 - Comverge, Inc. (Nasdaq: COMV), the leading provider of Intelligent Energy Management solutions for Residential and Commercial & Industrial (C&I) customers, today announced the first ever demand response event in South Africa. As the curtailment service provider for the region, Comverge successfully delivered 4 Megawatts (MWs) of reduced electricity demand from the AfriSam Dudfield Cement Factory located in the city of Lichtenburg in the North West Province. The Network Operations Center (NOC) at the Comverge facility in Norcross, GA managed the event.
AfriSam is a customer of Eskom, the largest electricity provider in Africa, which recently partnered with Comverge to manage its complex supply and demand challenges by creating and co-managing Africa’s first open market for demand response resources. Under the terms of the approximately $27 million agreement, Comverge deployed the IntelliSOURCE 2.0 platform for Eskom to register, dispatch and operate a new competitive demand response market in South Africa for an initial 500 MWs of demand response resources. In addition, the agreement called for Comverge to provide at least 100 MWs directly as one of the CSPs serving this newly established market.
About Comverge
With more than 500 utility and 2,100 commercial customers, as well as five million residential deployments, Comverge brings unparalleled industry knowledge and experience to offer the most reliable, easy-to-use, and cost-effective intelligent energy management programs. We deliver the insight and control that enables energy providers and consumers to optimize their power usage through the industry's only proven, comprehensive set of technology, services and information management solutions. For more information, visit www.comverge.com.
For Additional Information
Jason Cigarran
Vice President, Marketing and Investor Relations
Comverge, Inc.
678-823-6784
jcigarran@comverge.com