Market leader reorganizes its management to accelerate market delivery and growth.
As part of the reorganization Stephen L. Prince will take over as President and CEO from James McDougall, who has led the company since March of 2014. The supervisory board thanked James for his many contributions to Younicos over the past years, including the strategic acquisition of the Xtreme Power assets and the vision and execution necessary to achieve our recent $50 million funding round.
Stephen takes over with a mandate to focus on delivery of modular customer solutions. With the benefit of a solid balance sheet and our leading track record in energy storage power management and renewable generation integration, Younicos will further focus the organization around delivery of energy services and solutions, leveraging our technology and expertise.
PRESS CONTACT
Please feel free to contact our spokespersons in Europe and North America
Philip Hiersemenzel (Europe)
press@younicos.com
+49 (30) 818799010, mobile +49 174 9088188
Gene Hunt (North America)
pressrelations@younicos.com
+1 (978) 750 0333, mobile +1 (978) 376 3833
ABOUT YOUNICOS
Younicos is the pioneer and market leader in game-changing energy and grid solutions based on battery storage. We provide utilities, independent power producers, microgrids and C&I customers with turnkey storage systems, supporting a wide range of business opportunities – from frequency response to peak shaving and capacity to integrated photovoltaic (PV) plus storage solutions and grid-forming renewable energy systems. Our customers benefit from our unparalleled experience of 200 MW deployed storage, 10 years of R&D at our MW-scale Technology Centers, and 24/7 O&M services. Younicos is based in Berlin, Germany and Austin, Texas.
