HOUSTON, July 20, 2016 /PRNewswire-HISPANIC PR WIRE/ – Plaza Provision Company, a leading food distributor in Puerto Rico, has purchased its fourth Thermal Energy Storage (TES) system from Viking Cold Solutions, and where installed, has reduced energy consumption by over 30%.

Three Viking Cold’s Thermal Energy Storage systems, installed in 2010, 2013 and 2014, have saved Plaza Provision Company over $650,000, reduced energy consumption by over 3,200 MWh, and reduced carbon footprint by over 2,200 metric tons. The patented Thermal Energy Storage systems store energy at night for subsequent day use, allowing refrigeration to run less frequently. The result is significant cost and electricity savings.

“We purchased our fourth system because the total reduction in consumption has surpassed our expectations,” said Robert Cimino, CEO of Plaza Provision Company. “Also, having real-time monitoring has been invaluable and has helped us to recognize and address equipment issues before they become costly problems.”

“Robert Cimino’s use of state of the art efficiency technology to not only improve his bottom line but also to preserve the environment, is an example of what can be achieved using the Viking Cold’s TES system,” said James Bell, CEO of Viking Cold Solutions. “Our TES system can be installed in cold storage facilities and supermarkets to reduce energy consumption and carbon footprint while mitigating risk with temperature monitoring and backup thermal protection.”

Plaza Provision Company’s system is among twenty-four that Viking Cold has installed in cold storage warehouses and supermarkets in Puerto Rico, Bermuda, St. Thomas, California, New Mexico, and Texas.

Aireko Services and Installation, Inc., a leading HVAC services company, is the authorized distributor of Viking Cold’s TES system in Puerto Rico. They have been installing Viking Cold’s systems since 2010.

To learn more, watch Viking Cold’s 90 second video about how the technology works. To see more details on the Plaza Provision Company case, click here.

Viking Cold Solutions™ is an energy management company focused on making the world’s cold storage systems more efficient. The Viking Cold team has deep expertise in cold storage energy management, supermarket energy management, and thermal energy storage systems.

Viking Cold provides energy storage solutions that reduce operational costs and business risk for cold storage and supermarkets with high refrigeration-based energy loads. The company is expanding rapidly throughout the U.S. and internationally. Learn more at vikingcold.com.

Viking Cold is combining Thermal Energy Storage with renewable energy sources, such as PV systems, making it possible for cold-storage facilities, supermarkets, and utilities to intelligently store and deploy refrigeration to reduce energy costs. This environmentally friendly solution solves one of the largest challenges to solar energy utilization by reducing renewable variability.

“Solar has proven to be a low-cost, reliable and green generation resource, but it creates a new problem with utilities with its intermittent nature for customers that require around the clock refrigeration,” said James Bell, CEO of Viking Cold Solutions. “Until now, the missing piece has been cost-effective and reliable thermal energy storage.  Our system will enable cold storage operators to sustainably protect their products, while lowering operating costs, making solar energy much more accessible to companies driven by green business practices.”

The Thermal Energy Storage solution in combination with PV generation stores thermal energy and deploys it during peak demand, in the evening or any time of non-generation. As a result, electricity peak demand can be reduced by up to 90 percent.

Utilities benefit from the Viking Cold’s Solar Energy Storage solution by providing a “buffer” of efficient and green on-demand energy storage at customer sites. The solution also helps stabilize the grid enabling more intermittent users & suppliers of electricity to safely interconnect and helps achieve local mandatory energy storage targets.

Rooftop solar and Viking Cold’s Solar Energy Storage™ share many advantages, making them a perfect combination:

• Increase the value of solar PV - by storing energy during the day and using it for refrigeration at night (increasing savings)
• Cost-effectiveness and system longevity – Rooftop solar and Viking Cold’s Solar Energy Storage are low-cost and are designed to last for at least 20 years or the life of the facility, with minimal maintenance or downtime.
• Lower peak demand charges – Peak load shedding or shifting at any time of day increases savings during periods of renewable variability
• Reduce operational risk - Thermal backup allows customers to maintain safe temperatures and food quality during power outages or equipment failure, reducing business interruption and perishable food loss
• Economic development—Rooftop solar and Viking Cold’s Solar Energy Storage use local engineering and labor, leveraging utility investments to boost the local economy.

Viking Cold Solutions™ is a thermal energy storage company focused on making the world’s cold storage systems smarter and more efficient. Their Thermal Energy Storage Systems have saved their clients over 5600 MW of energy and have removed over 3900 metric tons of Carbon from the air. Their team has deep expertise in cold storage energy management, supermarket energy management, and thermal energy storage systems.

Viking Cold provides turnkey energy-management solutions that reduce operational costs and business risk for cold storage and supermarkets with high refrigeration-based energy loads. The company is expanding rapidly throughout the U.S. and internationally. To learn more, please watch Viking Cold’s 90 second video which explains how the technology works and visit vikingcold.com.

CONTACT: Collin Coker, ccoker@vikingcold.com, +1-832-497-5205