Electric Vehicles

eNow Growing Workforce with $1 million RBS Citizens Loan

July 30, 2013

RBS Citizens, a commercial bank holding company, has provided $1 million in funding to eNow, a clean-energy transportation technology company that designs, develops, and manufactures solar based auxiliary power systems based in Warwick, RI. With the funding provided by RBS Citizens, eNow estimates it will create 10 new full-time jobs, nearly doubling its workforce.

eNow’s solar-based systems allow vehicles to power devices without idling, which lowers fuel use and emissions. Applications have been developed for medium- and heavy-duty trucks, commercial buses, school buses, and military vehicles. eNow systems not only generate power from our proprietary solar system, but can take shore power and power from the engine alternator if needed. This power is then stored in the on board battery system and then distributed to various truck/trailer functions when required.

These truck/trailer functions include: In Cab No Idle HVAC; Electric Lift Gate and Pallet Jacks; Safety Lighting; and in the very near future, refrigeration systems and trailer de-ice systems. "We can provide solar charging systems as small as 30 watts, for keeping batteries charged, or systems up to 6,000 watt systems for refrigeration applications," said Jeffery C. Flath, president and CEO of eNow.

eNow’s technology is currently being used across the U.S., and the company recently announced strategic marketing ventures with two national companies: Bergstrom, a producer of battery air conditioning  systems for heavy-duty trucks as well as Mitsuishi Fuso Truck of America, Inc.

Learn more about RBS Citizens Financial Group, Inc. websites at citizensbank.com and www.charterone.com.

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