Mainspring Energy Expands Operations to Texas with Agreement to Deploy Linear Generators at Five Lineage Facilities

Rhea-AI Summary

Mainspring Energy Inc. has announced an agreement with Lineage (NASDAQ: LINE) to deploy 33 Mainspring Linear Generators at five Lineage facilities in Texas. This marks Mainspring's first entry into the Texas energy market, scheduled for installation and operation in 2025. Lineage, the world's largest temperature-controlled warehouse REIT, has previously utilized Mainspring's technology in California and Northeast U.S. states.

The Mainspring Linear Generator offers fuel flexibility, capable of running on 100% hydrogen, biogas, natural gas, and propane without hardware changes. This technology provides local, modular power generation that is dispatchable, low-cost, and scalable to grid-level operations. The partnership aims to enhance Lineage's energy independence, sustainability, and cost control efforts.

Positive

• Expansion into Texas, the largest energy producer and consumer in the U.S.
• Agreement to deploy 33 Linear Generators at five Lineage facilities
• Scheduled installation and operation in 2025
• Fuel flexibility of Linear Generators, including 100% hydrogen capability
• Potential for cost savings, added resilience, and energy sustainability for customers

Negative

• None.

MENLO PARK, Calif., Sept. 18, 2024 /PRNewswire/ -- Onsite power generation provider Mainspring Energy Inc. today announced that its customer Lineage (NASDAQ: LINE), the world's largest temperature-controlled warehouse REIT, has signed an agreement to deploy 33 Mainspring Linear Generators in the state of Texas at five Lineage facilities. The products are scheduled to be installed and operating in 2025.

"We have deployed world leading innovations together and we are looking forward to expanding this success into Texas."

Lineage has pioneered the use of linear generators for onsite power independence, sustainability, and cost control, with multiple deployments at its facilities in California and several Northeast U.S. states to date. In late 2021 Lineage announced its first cold storage facility to produce 100% of its energy consumption on-site, using rooftop solar and Mainspring Linear Generators. This latest agreement marks the first deployment of Mainspring's innovative energy technology in Texas.

"Texas is the largest producer and largest consumer of energy in the U.S., and it's significant for Mainspring to move into this market with a customer as innovative as Lineage leading the way," said Adam Simpson, Mainspring Chief Commercial Officer. "Mainspring provides cost savings, added resilience, and energy sustainability for commercial and industrial companies as well as utilities and data centers. Our ultra low emissions enable fast permitting and rapid power deployment. We see a great opportunity to partner in Texas with customers  on a variety of innovative microgrid projects."

"The power flexibility, reliability, and control that Mainspring delivers is a valued part of our energy strategy," said Jesse Tootell, Director of Research & Development at Lineage. "We have deployed world leading innovations together and we are looking forward to expanding this success into Texas as Lineage creates a faster, smarter, and more reliable global cold chain." 

The Mainspring Linear Generator delivers unprecedented fuel-flexibility,  including the ability to directly run on and switch between 100% hydrogen as well as biogas and traditional fuels such as natural gas and propane without any impact to performance and without any hardware changes. It provides local, modular power generation that is dispatchable, low cost, and scalable to grid-level operations. The award-winning Mainspring products have delivered outstanding performance  in commercial operations since 2020.

About Mainspring

Mainspring Energy manufactures and delivers an innovative, fuel-flexible onsite power generator that rapidly adds new power capacity and accelerates the transition to the affordable, reliable, zero-carbon electric grid. The Mainspring Linear Generator is fully dispatchable and scalable from 250 kW to 100+MW, and it delivers on the potential of green hydrogen, ammonia, biogas and other fuels by generating low-cost, clean, resilient electricity. Customers include leading utilities and Fortune 500 companies. For more information, visit mainspringenergy.com.

View original content:https://www.prnewswire.com/news-releases/mainspring-energy-expands-operations-to-texas-with-agreement-to-deploy-linear-generators-at-five-lineage-facilities-302248791.html

SOURCE Mainspring Energy, Inc.

FAQ

How many Mainspring Linear Generators will be deployed in Texas for Lineage (LINE)?

Mainspring Energy will deploy 33 Linear Generators at five Lineage facilities in Texas.

When are the Mainspring Linear Generators scheduled to be installed and operational for Lineage (LINE) in Texas?

The Linear Generators are scheduled to be installed and operating in 2025.

What types of fuel can Mainspring's Linear Generators use?

Mainspring's Linear Generators can run on and switch between 100% hydrogen, biogas, natural gas, and propane without hardware changes or performance impact.

Where has Lineage (LINE) previously deployed Mainspring's Linear Generators?

Lineage has previously deployed Mainspring's Linear Generators at its facilities in California and several Northeast U.S. states.