Sustainable Energy Raises the Bar for Grid-Tie Energy Storage: PARALEX "GTS" Opens New "Smart Grid" and "Micro-Grid" Market O...
04 11월 2011 - 9:00PM
Marketwired
Highlights:
-- Enables utility dispatch control of distributed storage with lithium ion
and lead acid batteries for improved voltage control higher power
quality and improved grid stability
-- Enables material increase in grid-interactive storage system
efficiencies today with proven market-ready product platform
-- Meets emerging European demand for cost effective, high-efficiency
storage of solar power for on-site consumption
-- Gateway to higher utilization of distributed renewable energy in "smart
grids" and "micro-grids"
-- Discussions underway to OEM PARALEX GTS as part of integrated solar PV
energy storage systems
Sustainable Energy Technologies Ltd (TSX VENTURE:STG)
("Sustainable Energy") Canada's leading inverter company announced
today that it will manufacture a 4.6kW high-efficiency inverter for
grid-interactive 48 volt lithium ion and lead acid battery
packages.
Based on the proven PARALEX solar inverter platform, PARALEX
"GTS" will target an immediate demand in Germany for grid
interactive inverters to store solar energy for on-site consumption
driven by incremental tariffs of up to 0.09 Euros per kilowatt
hour. PARALEX GTS will enable total system efficiencies which are
estimated to be 4% - 5% higher than the highest efficiency
alternative in the market and can be delivered at a cost that is
materially lower than competitive alternatives.
The Company is in discussions with a limited number of power
supply companies to use PARALEX GTS in combination with their own
inverters or the PARALEX solar inverter for this application. "We
see this application as a wedge into Germany for the PARALEX solar
inverter and we are very excited with the level of unsolicited
interest that we are receiving," commented Michael Carten CEO of
Sustainable Energy. "PARALEX GTS is proven and market ready for
Europe in Q1, 2012. Our strategy is to OEM the product with
established companies in Europe with a goal to be in the market by
the end of Q1, 2012."
Sustainable Energy sees the energy storage market as a
significant long term opportunity for the Company's core technology
and one that is just beginning to mature. Says US Energy Secretary
Steven Chu (The Hill E-2 Wire July 15, 2011): "...energy storage is
crucial to our future... It is the key to greatly expanding the use
of renewable energy sources and... (making) our entire electricity
generation and distribution system more efficient by smoothing out
fluctuations in demand."
High efficiency inverters capable of dispatching power from
storage devices on demand by the utility will be a critical part of
the smart grid phenomenon. Efficiencies are doubly important in
this application since the losses on energy conversion occur on
charging and discharging the battery.
"Longer term, the grid interactive energy storage application is
a very substantial opportunity for the Company's technology and a
hidden value in Sustainable Energy. The emergence of the German
incentive program is a terrific opportunity to showcase this value
to the world," added Carten.
The PARALEX GTS capabilities are based on advanced software
controls and a simple, robust circuit developed and proven by
Sustainable Energy in collaboration with German utility RWE AG for
stationary fuel cells. The inverter platform incorporates an open
communications platform which will support the dispatch of
customer-sited storage by the utility to assist in maintaining grid
stability, and the deployment of flexible micro-grids in remote and
developing regions.
About Sustainable Energy:
Sustainable Energy (www.SustainableEnergy.com) is a Canadian
solar inverter company which supplies Canada, the U.S. and Europe.
The Company's patented inverter technologies are a breakthrough in
power inverter design and capabilities for all forms of distributed
generation and smart grid applications.
Forward Looking Information
The reader is advised that some of the information herein may
constitute forward-looking statements within the meaning assigned
by National Instruments 51-102 and other relevant securities
legislation. In particular, we include: statements concerning the
impact of our technology on the operation of grid interactive
energy storage; statements concerning the comparative efficiencies
of battery based grid interactive inverters; and statements
concerning the potential for growth solar PV system performance;
and statements concerning demand for products; Forward-looking
information is not a guarantee of future performance and involves a
number of risks and uncertainties.
Many factors could cause the Company's actual results,
performance or achievements, or future events or developments, to
differ materially from those expressed or implied by the
forward-looking information. Readers are cautioned not to place
undue reliance on forward-looking information, which speaks only as
of the date hereof. Readers are also directed to the Risk Factors
section of the Company's current Annual Information Form which may
be found on its website or at www.sedar.com The Company does not
undertake any obligation to release publicly any revisions to
forward-looking information contained herein to reflect events or
circumstances that occur after the date hereof or to reflect the
occurrence of unanticipated events, except as may be required under
applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Sustainable Energy Technologies Ltd. Michael Carten
Chief Executive Officer
+1.403.630.9544Michael.Carten@SustainableEnergy.comwww.SustainableEnergy.com
Stone Gold (TSXV:STG)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Stone Gold (TSXV:STG)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024