Atlanta, GA – According to filings with the U.S. Securities and Exchange Commission, Emrgy is raising $23,813,392.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Emily Morris played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Emrgy
Emrgy designs and deploys modular, scalable hydroelectric solutions without the need for construction or dams. Compared to intermittent solutions like solar and wind, the controllable nature of these waterways enable higher capacity factors, do not require adjacent technologies such as storage, and ultimately deliver quicker and greater value to the customer. While in-canal hydro market potential has not been adequately quantified to date, the US market conservatively represents >6GW of undeveloped potential. Emrgy has developed a proprietary, global resource assessment tool to better characterize and quantify the vast, immediately available in-conduit hydroelectric potential. Emrgys turbine arrays empower our customers to monetize the energy content of their existing waterway asset that is otherwise ignored. We partnered with the City of Atlanta & Southern Company to showcase technological capabilities of the product in 2016, and in 2017 the Company partnered with Denver Water & The Bureau of Reclamation to install the first array of distributed hydropower in the United States.

To learn more about Emrgy, visit http://emrgy.com/

Contact:
Emily Morris, Chief Executive Officer
855-459-1818
emily@emrgy.com
https://www.linkedin.com/in/emily-a-morris/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved