By Greentech Lead Team: CODA Holdings, a developer of battery systems and
all-electric vehicles, has launched CODA Energy to provide scalable, flexible
and reliable battery storage systems to support a more sustainable electrical
According to Pike Research,
worldwide installations of energy storage capacity are expected to increase
from 121 megawatts (MW) in 2011 to 12,353 MW in 2021.
The launch of CODA Energy represents
a strategic progression of CODA’s business, its energy storage system (ESS) is
expected to address the rapid growth and increased demand for safe, tested and
reliable energy storage solutions.
“CODA believes that renewable
energy combined with enhanced grid efficiency provides the key to ending global
reliance on fossil fuels. By rounding out our portfolio with highly
configurable energy storage solutions, CODA is ready to support the growing
energy storage market,” said
Phil Murtaugh, CEO of CODA Holdings.
utilizes Li-ion battery system provided by its battery manufacturing partner
Lishen. It supports cost-effective large scale supply. The Li-ion battery
system coupled with its battery management system (BMS) and active thermal
management system enables CODA Energy ESS to offer cost-effective, dependable
and scalable purpose-built storage applications.
CODA’s modular design tailors
storage solutions to customers’ energy storage needs today, while allowing for
seamless growth to meet future demand tomorrow.
“We launched CODA Energy to
develop scalable energy solutions that support a smarter, greener grid. As
demand for energy continues to increase, it’s imperative that we’re able to
capture, store and dispatch natural resources. CODA Energy’s battery
technologies are engineered to provide safe, robust and cost-effective
solutions for today and tomorrow,” said Ed Solar, senior vice president,
CODA Energy offers battery systems
for generation, distribution and behind-the-meter applications for commercial
and industrial needs, as well as for microgrids, the security sector, the
transportation sector and EV-fleet management.
CODA Automotive recently launched
the zero-emission CODA sedan with two mileage range and price options.