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Stock impact report

Parsons Launches New Version of DERMS, Enhancing Grid Reliability and Resiliency

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) has launched the latest version of its DERMS solutions platform, a distributed energy resource (DER) management system and IoT platform. This open standards-based system, available as SaaS or enterprise landed, revolutionizes the integration and realization of the environmental and economic benefits of renewable energy also known as DERs that include solar panels, wind turbines, energy storage, electric batteries, thermostat controllers and building energy systems. The DERMS solution provided by Parsons aids utilities and grid operators in optimizing the scheduling and delivery of DERs, enhancing ROI by integrating DERs with legacy fuel supplies. It mitigates intermittencies from renewable sources, reduces carbon emissions, and improves efficiency, resiliency, and economic planning. The platform also supports new business models like virtual power plants (VPPs), creating new revenue streams. “Our DER Show less Read more
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