Renewable Energy Systems (RES), a company focused on the origination, development, engineering, construction, and operation of wind, solar, transmission and energy storage projects, brought some additional expertise under its roof:
Matthias Leuthold will serve as business development manager for RES in Germany. In his new role, 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. He 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. Leuthold has led the development of numerous projects, including the development of an experimental 5-MW Battery Storage Demonstration Facility System called M5Bat, which is currently under construction in Germany.
Craig Horne joins RES as VP 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. Horne currently serves on the board of the Energy Storage Association (ESA). Prior to joining RES, he served as founding CEO and Chief Strategy Officer at EnerVault where he raised over $19 million of equity financing and $5 million of project funding and developed and deployed the world’s largest iron-chromium redox flow battery.
“Both Dr. Horne and Dr. Leuthold will leverage the 77 MW/47 MWh of contracted projects already delivered by Victor Babbitt, VP of energy storage in the Americas, to grow RES’ global energy storage business,” said 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.”
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