Bical Auto Mall increased Initial February Order from Four Charging Stations to 10 After Noting Surge in Demand

WARWICK, NY, May 21, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), today announced an order for 10 electric vehicle charging stations to be installed in Bical Auto Mall dealerships in Brooklyn, NY, marking the first step in developing a regional NeoGrid Modular Network (patent pending) that will spark a new generation of electrical supply, storage & distribution.

The initial $80,000 order Bical placed in February through wholly owned subsidiary Ozop Energy Systems, Inc. (OES) and INF Associates, a multi-state energy efficiency and EV support company, called for four (4) dual port Level II Enel X Juice Pedestal chargers to be delivered and installed at two Bical locations. After further surveying the property and accounting for growing demand over the past three months, the order was increased almost eight-fold, resulting in the current order for 10 units at a pre-incentive cost of $600,000.

An order for an additional six (6) Level III rapid chargers, which could increase the sale by another $409,000 before rebates are applied, is pending approval from Con Edison.

“This announcement is not just about an order for individual charging stations,” said Brian Conway, CEO of Ozop Energy Systems. “This puts in motion our plan to eliminate the municipal grid or keep it as a luxury supplier instead of a necessary supplier of energy for electric vehicles.”

“As these systems are deployed,” he added, “we are increasing our network which, modular by design, can be deployed in days not months or even years in many urban areas, and we plan to expand to other markets in the near future.”

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About Ozop Energy Solutions.

Ozop Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. Our strategy focuses on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.

About Power Conversion Technologies, Inc.

Power Conversion Technologies, Inc. (www.pcti.com) invents, designs, develops, manufactures, and distributes standard and custom power electronic solutions. Founded in 1991 and located in East Butler, Pennsylvania, the Company’s mission is to be the global leader for high power electronics with a standard of continued innovation.

About Ozop Energy Systems, Inc.
Ozop Energy Systems is a leading Manufacturer and distributor of Renewable Energy products in the Energy Storage, Solar, Microgrids, and EV charging Station space. We are always among the first to receive the newest technology, products, and application techniques. We offer a broad portfolio of Renewable Energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, shipping, and delivery.

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