CODA Holdings announced the debut of CODA Energy. The new business arm provides scalable, flexible and reliable battery storage systems to support a more sustainable electrical grid.
"The launch of CODA Energy represents a strategic progression of our business," said Phil Murtaugh, CEO of CODA Holdings. "CODA believes that renewable energy combined with enhanced grid efficiency provides the key to ending global reliance on fossil fuels. By rounding out our portfolio with highly configurable energy storage solutions, CODA is ready to support the growing energy storage market."