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Frost & Sullivan Commends Victron for Developing its Best-in-class ESS Solution for an Array of Applications in the Battery Management Systems Market


News provided by

Frost & Sullivan

12 Sep, 2017, 09:00 GMT

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Acknowledging the growing impact of solar and wind power, Victron developed self-consumption and home energy storage solutions

LONDON, Sept. 12, 2017 /PRNewswire/ -- Based on its recent analysis of the battery management systems market, Frost & Sullivan recognizes Victron Energy BV (Victron) with the 2017 European Frost & Sullivan Award for Product Leadership. Leveraging its flagship MultiPlus inverter/charger, Victron developed a reliable, flexible, and cost-efficient Energy Storage System (ESS) for diverse applications, such as automotive and mobility, marine, and telecom. This solution effectively combines standard company products, including the inverter/charger, and a monitor/control panel, such as the Color Control GX.

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Frost & Sullivan recognizes Victron Energy BV with the 2017 European Product Leadership Award.

Victron's ESS comprises a backup system or solar energy, or a combination of both, and uses up to 30% of the entire battery capacity for self-consumption and keeps the remaining 70% as a backup in case of utility grid failure. Victron can set the usage percentage according to the customer's requirement. Victron's Battery Life Algorithm allows the current battery discharge percentage to match the next day's charge percentage, keeping the battery healthy and optimally storing all excess renewable energy.

Victron's flagship MultiPlus/MultiGrid inverter/charger employs a powerful sine wave inverter that simultaneously acts as a sophisticated battery charger. It enables MultiPlus to provide an adaptive charge technology with a high-speed AC transfer switch in a compact enclosure, so that the customer can enjoy uninterrupted AC power while having batteries continuously charged.

"In the case of grid failure or a generator power disconnection, the MultiPlus inverter automatically takes over the supply of connected loads," said Frost & Sullivan Research Manager, Suba Arunkumar. "Due to lightning switching of fewer than 20 milliseconds, unexpected outages will not affect the operation of computers and other electronic equipment. Once a connection with the grid restores, the batteries recharge; alternatively, they can recharge through solar power."

Victron's keenness to provide the best possible value to customers prompted the company to build strong client partnerships through online communication platforms, fair trades, and conferences. Furthermore, Victron's software solutions are open-source, so users can easily share feedback.

"Victron ensures that its inverter/charger systems are ready for FFR, DSR, and Hz optimisation, and are compatible with many types of third-party lithium batteries," noted Arunkumar. "Additionally, it offers Victron Remote Management, a service enabling remote around-the-clock monitoring of Victron equipment from any part of the world. This free service, coupled with the Victron app, helps customers easily monitor and manage any Victron system."

Overall, Victron has positioned itself very strongly with its ESS solution, serving an array of applications and meeting customers' needs for quality, functionality, and price/performance value.

Each year, Frost & Sullivan presents this award to the company that develops a product with innovative features and functionality that, in turn, gains rapid market acceptance. The award recognises the quality of the solution and the customer value enhancements it enables.

Frost & Sullivan Best Practices awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Victron Energy BV (Victron)

Victron is a globally renowned manufacturer of components for autonomous power generation and solar systems. With their MultiPlus, Quattro inverters, the company has set new standards in private consumption and solar energy.

They can work with DC-Coupled PV: MPPT solar chargers. They have a broad range of efficient MPPT solar chargers. Starting from the MPPT 75V/15A (290 W charger) up to the 250V/100A (5.7kW solar charger). They can also work with AC-Coupled PV etc.  We are compatible with many brands of PV Inverters; with a strong collaboration with Fronius PV Inverters and can even combine AC and DC coupled PV in one system.

Their remote monitoring website (VRM) can display all your systems data in a comprehensive graphical format. System settings can be changed via the portal. Alarms can be received by e-mail.

For more information, contact Margriet Armour, +31 36 5359700 marmour@victronenergy.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.

Contact:

Ana Arriaga
P: 210.247.3823
F: 210.348.1003
E: ana.arriaga@frost.com

Photo - http://mma.prnewswire.com/media/554486/Frost_Sullivan_Victron_Energy_Award.jpg

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