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February 20, 2013

European Supplier Enters into Multiyear Partnership with Sustainable Energy



If all goes according to plan, Sustainable Energy Technologies Ltd., a manufacturer of intelligent power electronics for smart grid and micro-grids, will be set to enter into an exclusive, multiyear partnership with a leading supplier of energy management systems for European markets.

There are a few creases to be ironed out before the deal to supply energy storage inverters to the supplier, whose identity is unknown, actually materializes. Negotiations about final licensing and supply contracts are still pending, and the question stands of satisfactory integration of the inverter into the energy management system.

“Our energy storage inverter is positioned to become an industry standard in the consumer and small commercial segment of the solar energy storage market with lower costs, a simpler design, and much higher efficiencies than any other product in the market," said Michael Carten, CEO at Sustainable Energy.

The company’s bidirectional CE certified energy storage inverter meets all VDE smart grid connectivity standards, directly connecting high-efficiency batteries to the grid. Such inverters are a critical component of all energy management systems, as they can convert high current/low voltage DC into high-quality AC much more efficiently than the ones in the market.

Power electronics are a critical interface between all distributed generation and storage systems devices, as they ensure the delivery of a high-quality alternating current (AC) to the power grid.

Sustainable Energy has designed a simple and inexpensive platform that is software configurable for a wide range of low-voltage cellular generation and storage technologies. The platform easily integrates into power management systems, and allows for the quick development of low-cost products.

The company is reportedly one of the only two companies in the world that have grid-interactive energy storage inverters, certified for both European and North American markets.

Sustainable Energy is expected to deliver a minimum of 10,000 units to the German market over the next 30 months, commencing from May 2013.

German Federal Ministry of the environment staff recently advised that the Ministry will encourage the purchase of specific energy storage systems by offering subsidies and high-ratio, low-interest loans.

Sustainable Energy Technologies Ltd. announced that it has shipped its first energy storage inverters to prospective channel partners in Germany and the United States. The inverters will demonstrate the value of the company's technology in enabling the integration of high-efficiency battery technologies in smart grid and micro-grid applications.




Edited by Braden Becker

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