WHAT: The Southeastern Pennsylvania Transportation Authority (SEPTA) will hold a ribbon cutting ceremony to celebrate a new achievement in public transit technology. The event will take place at a substation located at 1824 East Cumberland Street, Philadelphia, PA on Wednesday June 27, 2012 from 10:00 a.m. to 12:00 p.m. EDT.

The Recycled Energy and Optimization project is designed to capture energy from rail cars through a regenerative braking process and then utilize the energy for accelerating trains, and to generate revenue through demand-side participation in power markets. The result has significant economic and environmental benefits.

The pilot program utilizes cutting-edge technology from several project partners. Viridity Energy implemented its VPower software optimization and market integration system. Saft, leader in high technology batteries, provided the Intensium Max20 Li-ion megawatt energy storage system. And Envitech Energy, a member of the ABB group, deployed its Power Control System integration technology. 

Successful completion of the SEPTA project will demonstrate that energy storage can satisfy multiple value streams by accepting regenerative energy from train braking while simultaneously providing a revenue source.

WHO: SEPTA leaders, Viridity Energy executives, Saft executives, Envitech Energy executives, government representatives, and esteemed guests

WHEN: Wednesday, June 27, 2012, 10:00 a.m. to 12:00 p.m.

WHERE: Letterly Substation (Market-Frankford Line)

             1824 East Cumberland Street

             Philadelphia, PA 19125