Tuesday, April 19, 2016

Oakridge Global Energy Solutions, Inc. (OGES) Eyeing Growth in Integrated Energy Storage Space

Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) pursues shareholder value as an integrated energy storage solutions company leveraging state-of-the-art technology. This technology is woven into the design, development and manufacture of high-quality cells, batteries, and energy storage systems. Oakridge’s ‘Made in the USA’ product lines include multiple lithium-ion chemistries, technologies and form factors, as needed to meet the needs of motive applications such as golf cars and local area electric vehicles. Company solutions are also used in commercial and grid applications for homes, businesses, RVs, boats, stationary living space power, and remote control and portable devices, such as starter motor batteries for motorcycles, jet skis, snowmobiles and boats. OGES battery applications transfer to the military, aerospace, marine, medical and telecom sectors, as well.

With the pervasiveness of lithium-ion batteries, the chemistry used within the design is the fastest growing in the marketplace. Lithium-ion batteries are unique in that they deliver an array of advantages. High energy density allows for the possibility of greater capacities while still being considered low maintenance. Further, the product’s specialty cells can provide very high current to common applications, such as the charge requirements for those who use power tools.

The company’s Patriot Series is designed for professional unmanned aerial vehicle (UAV) pilots and remote control (RC) vehicle and boat enthusiasts. This line of lithium-ion batteries is cost-competitive with foreign lead-acid batteries and produced domestically. These small prismatic cells can also be used for other consumer products, such as power tools, portable communications and other small, lightweight applications.

The Freedom Series offers silent, clean and reliable, living space power storage units. Powered by the company’s hi-tech lithium-ion batteries, this series is positioned as one of the newest lines in OGES’s product pipeline. The company has also developed this line to help consumers and businesses reduce or eliminate their monthly electricity bills by making off-grid, back-up power available at affordable prices. Environmentally friendly and energy efficient, this series is designed for use with back-up power systems, particularly within hospitals and medical installations.

The company was formerly known as Oak Ridge Energy Technologies, Inc. and changed its name to Oakridge Global Energy Solutions, Inc. in November 2014. Oakridge Global Energy Solutions, Inc. was incorporated in 1986 and is headquartered in Palm Bay, Florida.

For more information, visit www.oakridgeglobalenergy.com

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