MILAN, July 14, 2016 /PRNewswire/ --
The leading industrial solutions provider will supply power conversion systems and Energy Storage System (ESS) containers to Advantec Co. Ltd. for a total capacity of 6 MW and 6 MWh.
After breaking ground last month in Germany on one of the largest battery energy storage (BESS) projects in the world, Nidec ASI has won yet another key energy storage deal wtih Advantec Co. Ltd., citing its first order for a photovoltaic (PV) power plant with battery energy storage in Japan. The industrial solutions multinational will supply a complete power and energy management system for a PV plant located on Hokkaido Island.
Supporting Advantec in its supply and installment of a solar power plant of 6MWc, Nidec ASI will provide four power conversion systems and Energy Storage System (ESS) containers for a total capacity of 6 MW and 6 MWh.
The news of the recent agreement comes just one month after Nidec ASI laid the foundation on a massive BESS project for German power giant STEAG. The 90-MW project is being installed in six sites across the North-Rhine-Westphalia and Saarland regions to stabilize Germany's power grid.
Japan is among the top three countries accounting for the majority of the global Solar PV market, which has seen robust growth in recent years, being fueled by new government policies to reduce CO2 emissions.
"This project with Advantec marks a significant milestone for Nidec ASI in the energy storage market," commented Giovanni Barra, CEO of Nidec ASI. "In recent years, Japan and many other countries have heavily invested in the development of renewable energy sources, creating the need today to stabilize all of this power. This is precisely one of our areas of expertise and proprietary know-how; our high-quality and leading-edge technology continues to serve enterprises worldwide and our solutions are acknowledged as being widely adaptable to technical needs and tough environmental conditions, exceeding standard national qualifications."
The two major contracts offer confirmation of Nidec ASI's increasing leadership and expertise in the energy storage sector. The Milan-headquartered company - a pioneer in the supply of Power Conversion Systems (PCS) for commercial- and utility-scale energy storage plants - offers Engineering, Procurement and Construction (EPC) services for battery energy storage systems (BESS) based on its proprietary inverters, power management systems and smart microgrid technology solutions to leading clients across the world.
Nidec ASI has provided more than 600 MW of turnkey solutions - such as PV, micro grid and BESS projects - to 15 countries across the globe, including Germany, France, Italy, Romania, Greece, Brazil, India, Algeria, Morocco, Chile, the Dominican Republic, French Guiana, Réunion, and the Maldives. The company's extensive experience in the field has helped it grow to become one of the global market's leading innovators and players.
Nidec ASI was renamed as such in 2012 when Nidec, a Japanese multinational corporation listed on the Japanese Stock Exchange, acquired Ansaldo Sistemi Industriali (ASI) SpA, an Italian-born multinational that can trace its roots back to 1853. The company is a provider of customized solutions for a range of industrial applications worldwide. Operating from offices in Italy, North America, France, Germany, Romania, the United Arab Emirates, Southeast Asia, Russia, China and Japan, its markets include petrochemical, energy, steel, marine, and industrial automation. Nidec ASI specializes in heavy-duty applications requiring high power and performance, including inverter and converter power electronics, industrial process control and automation, large electrical motors and generators.
As of 2015, Nidec ASI has a portfolio of orders worth about 400 million Euro, with an installed base on more than four continents.
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