Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Honeywell International    HON

HONEYWELL INTERNATIONAL

(HON)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations
The feature you requested does not exist. However, we suggest the following feature:

Honeywell : and NRStor C&I Launch Largest Behind-the-Meter Battery Energy Storage Program in the World

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/20/2019 | 12:26pm EDT

HOUSTON, Sept. 20, 2019 /PRNewswire/ -- Honeywell (NYSE: HON) today announced an agreement with NRStor C&I L.P. ("NRStor") to launch the Experion® Energy Program, which will create the largest behind–the-meter (BTM) energy storage deployment to date in North America. The agreement will offer energy storage as a service to commercial and industrial customers.

Under the agreement, Honeywell and NRStor will develop and operate 300 megawatts (MW) of BTM battery energy storage systems (BESS) across the U.S. and Canada starting in early 2020. Operated remotely, these systems will provide customers with electricity cost savings, improved sustainability and resiliency.

"This BTM deployment alone matches North America's total energy storage deployments in 2018," said Moe Hajabed, chief executive officer of NRStor C&I L.P. "This collaboration brings Honeywell's operational excellence, precise equipment and construction to NRStor's projects and expands the customer base that can take advantage of our energy solutions. This also creates an opportunity for other developers to fund and implement their projects through NRStor's platform."

The energy storage systems will be supported by two state-of-the-art remote operations centers (ROCs) that use proprietary artificial intelligence-based peak prediction and value stack optimization algorithms. These centers will automatically start the battery systems to maximize savings for commercial and industrial customers. Honeywell's advanced control technologies will enable precise battery dispatch along with network security and cybersecurity protection.

"Our operations platform makes it easier to anticipate and manage demand and energy generation in today's complex energy ecosystem," said Eren Ergin, general manager, Renewable Energy and Distributed Assets, Honeywell Process Solutions. "Honeywell's battery energy storage systems, software solutions and outcome-based performance guarantees will help end users optimize their operations and realize significant savings. Together with NRStor, we look forward to making industrial operations across North America more efficient and sustainable."

NRStor C&I is a leading energy storage solution provider for commercial and industrial customers across North America. NRStor C&I provides energy storage as a service under a turn-key build, own, and operate business model that doesn't require a capital outlay from the customer.

To learn more, visit Honeywell Renewable Energy.

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/honeywell-and-nrstor-ci-launch-largest-behind-the-meter-battery-energy-storage-program-in-the-world-300922489.html

SOURCE Honeywell


© PRNewswire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HONEYWELL INTERNATIONAL
09/20HONEYWELL : and NRStor C&I Launch Largest Behind-the-Meter Battery Energy Storag..
PR
09/19HONEYWELL INTERNATIONAL : Auxiliary Power Units Make Aviation History With New P..
AQ
09/19HONEYWELL : To Release Third Quarter Financial Results And Hold Its Earnings Con..
PR
09/19HONEYWELL INTERNATIONAL : St1 Nordic Licenses Honeywell Ecofining Technology in ..
AQ
09/18HONEYWELL : Auxiliary Power Units Make Aviation History With New Production Mile..
PR
09/13HONEYWELL INTERNATIONAL : Expands Navigation Offerings To Meet Evolving Requirem..
AQ
09/13HONEYWELL INTERNATIONAL : Successfully Commissions Second C3 Oleflex Unit For Zh..
AQ
09/12HONEYWELL : Expands Navigation Offerings To Meet Evolving Requirements For Indus..
PR
09/11HONEYWELL : Successfully Commissions Second C3 Oleflex™ Unit For Zhejiang ..
PR
09/10HONEYWELL INTERNATIONAL : PKN ORLEN Licenses Honeywell Technology to Boost Petro..
AQ
More news
Financials (USD)
Sales 2019 37 032 M
EBIT 2019 7 671 M
Net income 2019 5 909 M
Debt 2019 6 120 M
Yield 2019 1,98%
P/E ratio 2019 20,8x
P/E ratio 2020 19,1x
EV / Sales2019 3,44x
EV / Sales2020 3,29x
Capitalization 121 B
Chart HONEYWELL INTERNATIONAL
Duration : Period :
Honeywell International Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HONEYWELL INTERNATIONAL
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 24
Average target price 182,32  $
Last Close Price 168,31  $
Spread / Highest target 17,0%
Spread / Average Target 8,32%
Spread / Lowest Target -4,94%
EPS Revisions
Managers
NameTitle
Darius Adamczyk Chairman & Chief Executive Officer
Greg Lewis Chief Financial Officer & Senior Vice President
Krishna Mikkilineni SVP-Engineering Operation & Information Technology
Jaime Chico Pardo Lead Independent Director
Bradley T. Sheares Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
HONEYWELL INTERNATIONAL27.39%121 100
3M COMPANY-12.48%95 934
SIEMENS AG0.65%85 234
GENERAL ELECTRIC COMPANY23.78%81 773
ILLINOIS TOOL WORKS22.39%50 159
HITACHI, LTD.41.06%35 672