Electric Mobility: innogy in Partnership with BTCpower in U.S.

- Software made in Germany meets U.S. hardware

- innogy IT backend connects up BTCpower charging points 

- First BTCPower charging points up and running in U.S.

SANTA ANA, CA, June 7, 2017 /CNW/ - Interconnected charging networks for optimum customer support - as part of a technical partnership the charging points of BTCpower in the U.S. have been brought together with innogy's innovative IT backend from Germany. The software has been successfully integrated and the first charging points are working well. Customers visiting the Clayton, MO location of Commerce Bank, a Missouri-based, $25.3 billion regional bank, will now be happy to have access to electric vehicle charging. This smart networking creates great potential: all charging procedures can be managed and coordinated in order to avoid load peaks. And: electricity generated from renewable energy can be better harmonised with electricity sales.

(Photo: http://mma.prnewswire.com/media/520685/innogy_Electric_mobility.jpg)

In BTCpower, innogy has gained a further hardware partner for its U.S. business. The partnership gives the company new opportunities in terms of promoting electric mobility in North America and Europe.

State-of-the-art load management has also been an important aspect of innogy's research for a long time now. For example, the company has had a partnership in this area with the University of California in San Diego since 2015. The main focus of this research is on how to harmonise electricity sales from renewable sources with regard to electric vehicle consumption.

innogy has around 5,700 EV charging points, making it one of the leading operators of charging infrastructure in Europe. In Germany, the company has partnered with over 140 municipal utilities to establish a large interconnected charging network. The U.S. is now following as a further attractive growth market for an electrically mobile future.

About innogy SE

innogy SE is Germany's leading energy company, with revenue of around €44 billion (2016), more than 40,000 employees and activities in 16 countries across Europe. With its three business segments Grid & Infrastructure, Retail and Renewables, innogy addresses the requirements of a modern, decarbonised, decentralised and digital energy world. Its activities focus on its 23 million customers, and on offering them innovative and sustainable products and services which enable them to use energy more efficiently and improve their quality of life. As a leader of innovation in future-oriented fields like eMobility, we are represented in the international hot-spots of the technology industry such as Silicon Valley, Tel Aviv, London and Berlin. We combine the extensive expertise of our energy technicians and engineers with digital technology partners, from start-ups to major corporations.

About BTCpower

BTCPower (Broadband TelCom Power, Inc.) was founded in 1999 to commercialize its proprietary Flat Matrix Transformer Technology (FMTXR) by developing power supplies and converters for the telecom and internet infrastructure market. The FMTX technology enabled the Company to offer the highest current density converters in the market (current supply capability per cubic inch), receiving numerous rewards and recognition. Today it is the mission of BTCPower to achieve rapid growth by providing innovative, reliable and cost-effective power management solutions for industrial and alternative energy applications and to be become a major player in the market for electric power management and charging systems for plug-in hybrid and electric vehicles.

About Commerce Bank

Commerce Bank, is a subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), a $25.3 billion regional bank holding company, as of March 31, 2017. For more than 150 years, Commerce Bank has been meeting the financial services needs of individuals and businesses. Commerce Bank provides a full range of financial products to consumers and commercial customers, including personal banking, lending, mortgage banking, wealth management, brokerage and capital markets services. Commerce Bank operates in more than 330 locations in the central United States and has a nationwide presence in the commercial payments industry. For additional information, please visit http://www.commercebank.com

For further information go to: http://www.innogy.com

SOURCE innogy SE - Effizienz

For further information: Please direct enquiries to: innogy SE, Julika Gang, Press Spokesperson, T +49-231-438-22-48, julika.gang@innogy.com; innogy SE, Alexander Stechert-Mayerhöfer, Press Spokesman, T +49-201-12-15262, alexander.stechert-mayerhoefer@innogy.com

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innogy SE - Effizienz

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