Dynapower, an energy storage solutions provider, has entered into an agreement with Raychem RPG to bring its energy storage inverter technology and know-how to India and other SAARC (South Asian Association for Regional Cooperation) countries. The two companies have signed a technology transfer and licencing agreement for the same.
Raychem RPG is a joint venture between TE Connectivity and RPG Enterprises, India. The company has been working in the field of grid connection and insulation and according to the company portfolio, RPG Enterprises has an annual revenue of $3.5 billion.
Dynapower, a United States-based company, has a range of products from energy storage inverters, DC-DC Converters, and fully-integrated energy storage systems and supplied over 400 MW of its systems across the world.
The two companies have also announced the commissioning of a 1 MW microgrid at the Central Electronics Limited (CEL) facility in Sahibabad, Uttar Pradesh. It is India’s first microgrid to feature Dynapower’s CPS-1000 inverter.
Central Electronics Limited (CEL) manufactures solar-photovoltaic (SPV) cells, modules, and systems and the microgrid will help reduce its electricity bill. Microgrid system can work by combining solar and diesel gensets or by energy storage connected to the main grid. It is a locally controllable power system that features Dynapower’s patented dynamic transfer technology.
In April 2018, Mercom also reported that ABB, a Swedish-Swiss multinational corporation, announced the successful commissioning of the country’s first industrial solar microgrid at its Vadodara manufacturing facility, located in the western state of Gujarat.
India’s renewable energy sector needs a strong backbone in the form of a robust energy storage industry in order to sustain its growth trajectory. Off-grid solar is the solution to secure reliable electricity for vast portions of the country, and both multinationals and the government are supporting the off-grid solar segment through various policies and funding.
Mercom previously reported about the Indian government’s seriousness in pursuing the advancement of solar microgrids in the country. The Ministry of New and Renewable Energy (MNRE) has financially assisted the installations of microgrids in rural areas where it has provided financial support up to 30 percent of the cost of micro and mini grids systems for installation.
Mercom also reported recently about India’s first utility-scale energy storage system being constructed by AES India and Mitsubishi Corporation to serve the grid operated by Tata Power Delhi Distribution Ltd (TPDDL), located in New Delhi’s Rohini area.
Image credit: Dynapower