New CEO, CFO look to charge up Durham-based energy storage firm FlexGen
FlexGen, the Durham-based independent energy storage technology company, is now under new leadership after founder and CEO Josh Prueher and president and CTO Doug Moorehead left the company after a planned transition at the end of December 2020.
The global utility-scale energy storage market is on track for a record year in 2021, with the U.S. continuing to lead the way. A new report from IHS Markit, which aims to provide critical information, analytics, and solutions, predicts global utility-scale energy storage installations are set to double year-over-year growth and exceed 10 GW this year, with the United States accounting for 50 percent of the global market.
That’s good news for FlexGen, which describes itself as the largest independent energy storage technology company in the United States. The company, which designs and integrates energy storage solutions including a software platform that it says enables energy transition, introduced Kelcy Pegler as CEO and Yann Brandt as CFO earlier this week.