BROOMFIELD, Colo., Oct. 8, 2015 /PRNewswire/ -- Renewable Energy Systems (RES), a leader in the origination, development, engineering, construction, and operation of wind, solar, transmission, and energy storage projects across the globe, is pleased to announce the recent additions of Dr. Matthias Leuthold and Dr. Craig Horne to the market development team for the company's energy storage practice.
Dr. Matthias Leuthold will serve as business development manager for RES in Germany. In his new role, Dr. Leuthold will be developing advanced business models for large stationary energy storage systems which are expected to be some of the first of their kind in Germany and Europe. Dr. Leuthold has an extensive background in energy storage including his work as a researcher for renewable energy and battery energy storage at Rheinisch-Westfälische Technische Hochschule Aachen University—one of Germany's most prestigious technical schools. Dr. Leuthold has led the development of numerous projects including the development of an experimental 5MW Battery Storage Demonstration Facility System called M5Bat, which is currently under construction in Germany.
Dr. Craig Horne joins RES as Vice President of Business Development, Energy Storage and brings with him more than 20 years of direct experience with several types of energy storage systems including redox flow, solid oxide fuel cells, lead-acid, and lithium-ion technologies. Dr. Horne currently serves on the board of the Energy Storage Association (ESA). Prior to joining RES, Dr. Horne served as founding CEO and Chief Strategy Officer at EnerVault where he raised over $19M of equity financing and $5M of project funding and developed and deployed the world's largest iron-chromium redox flow battery. Dr. Horne earned his Ph.D. in Material Science and Engineering from UC Berkeley.
"Both Dr. Horne and Dr. Leuthold will leverage the 77MW/47MWh of contracted projects already delivered by Victor Babbitt, Vice President, Energy Storage in the Americas, to grow RES' global energy storage business," said Dr. Andrew Oliver, Chief Technology Officer of RES. "With over 30 full-time energy storage professionals on our team, our strong utility relationships, and deep understanding of the strengths and weaknesses of storage technologies available, I expect more utilities will come to see the value proposition that RES brings in helping them develop, engineer, procure, construct, and operate safe, best-in-class energy storage projects."
RES is one of the world's leading independent renewable energy project developers with operations across Europe, the Americas, and Asia-Pacific. At the forefront of renewable energy development for over 30 years, RES has developed and/or built more than 10GW of renewable energy capacity worldwide. RES is active in a range of renewable energy technologies including both onshore and offshore wind, and solar, as well as enabling technologies such as energy storage, transmission, and demand-side management. For more information, visit www.res-group.com
Since 1997, RES has been providing development, engineering, construction, and operations services to the utility-scale wind, solar, transmission, and energy storage markets across the Americas. The company employs more than 500 full-time professionals and has over 8,000 MW of utility-scale renewable energy and energy storage projects and constructed more than 650 miles of transmission lines throughout the U.S., Canada, and Chile. RES' U.S. corporate office is located in Broomfield, CO with regional offices located in Austin, TX, Minneapolis, MN, and San Francisco, CA. For further information, please visit www.res-americas.com.
RES started its operations in Germany in 2015 and like the U.K. and U.S. regions, the German team will provide the entire value chain from development, engineering, construction to operation with a focus now on onshore wind and energy storage technologies. Leveraging RES' global experience in energy storage, RES will act as project developer, EPC service provider, and operator and owner of individual storage projects to provide a growing need for balancing services and other storage applications in Germany. For more information on our renewable energy and energy storage solutions in Germany visit www.res-deutschland.de.
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