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CUI Global starts trials of data center power controls

Monday, February 27, 2017 10:35
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(Before It's News)

Energy tech specialist CUI Global Inc (NASDAQ:CUI) has started trials of its peak shaving electricity controls in three data centers.

Peak shaving reduces consumption during the periods of heaviest demand for power and its use can mean substantial savings for customers that agree.

CUI and Virtual Power Systems set up a partnership in 2016 to supply the market.

The three trials are for a Fortune 500 company; a top-tier data center hardware provider; and one of the largest providers of technology in the world that is evaluating the ICE Block/VPS combination of technologies across its customer base.

The products are expected to move into full production status later this year.

Matt McKenzie, president of US subsidiary CUI Inc, said: “We are excited about the recent installations and the technical validation these deployments are bringing. 

“We believe that this is a major step in the traction of this disruptive technology. We are looking forward to demonstrating further the advantages of the ICE platform with many more customers in the near future.”

William Clough, CUI Global’s chief executive, added: “Deployment of these test units to three renowned, industry leading companies, is the first step in gaining industry acceptance of this unique technology. 

“As the results of these test units become available, we are convinced that the many benefits, including enhanced performance and peak shaving ability, will create demand, market penetration, and, ultimately, increased revenues and earnings from this exciting new technology.” 

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/173545/cui-global-starts-trials-of-data-center-power-controls-173545.html

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