Mawson partners with Voltus to deliver up to 100MW of energy resources to the PJM Interconnection electricity grid in 2022
Partnership
Mawson Infrastructure Group Inc. (“Mawson” or “MIGI”), a provider of digital infrastructure, is pleased to announce a partnership with Voltus, the leading distributed energy resource (DER) software technology platform, to bring up to 100MW of energy resources to the PJM Interconnection’s (“PJM”) electricity grid in 2022.
Currently under construction on the grounds of a former industrial site in Midland, Pennsylvania, Mawson is constructing a new 100MW Bitcoin mining plant, with the goal of putting 50MW of load online by March 2022 and an additional 50MW online by June 2022. It is anticipated that this capacity will be made available to PJM’s grid operators as a grid balancing resource via the Voltus marketplace software platform on a 24/7/365 basis. Aside from that, Mawson has entered into a five-year Power Purchase Agreement (PPA) with Electricity Harbor for the purchase of 100 percent carbon-free energy at the Midland, Pennsylvania plant.
Mawson Infrastructure Group is a supplier of digital infrastructure with operations in the United States and Australia. Mawson’s vertically integrated business model is predicated on a long-term strategy aimed at accelerating the worldwide transition to the new digital economy. Mawson connects sustainable energy infrastructure to next-generation mobile data center (MDC) technologies, allowing low-cost Bitcoin production and on-demand infrastructure asset deployment. Mawson Infrastructure Group is developing as a worldwide leader in ESG-focused Bitcoin mining and digital infrastructure, with a strong emphasis on shareholder returns and an aligned board and management.
Voltus, Inc. (“Voltus”) is the global leader in integrating distributed energy resources to electrical markets, enabling the delivery of more affordable, dependable, and sustainable energy. Our commercial and industrial clients and grid services partners earn money when Voltus maximizes the value of their flexible load, distributed generation, energy storage, energy efficiency, and electric vehicle resources in various markets.
Quotes
Gregg Dixon, CEO and Co-founder of Voltus, said: “Cryptomining load is expected to reach nearly 10,000 MWs in the US over the next five years. Voltus can control these loads in a fully automated fashion, connecting this capacity to power markets that value them, resulting in cash back to miners, reliable resources for grid operators, and a balancing resource to improve the reliability of much-needed renewable energy. Digital infrastructure leaders like Mawson recognize that partnering with Voltus supports the grid and provides a competitive advantage in the power-cost driven world of cryptomining.”
Liam Wilson, COO of Mawson, said: “At Mawson we are building energy-efficient, next-generation digital infrastructure. Incorporating best practice distributed energy resource program participation through the Voltus software platform into our Midland, Pennsylvania development plans is another opportunity for Mawson to be a good steward for the community and electricity grid that is supporting us. We are also pleased to have contracted 100% carbon-free energy via a 5 year PPA with Energy Harbor at our newest facility.”
