While renewable energy obviously is a good idea, sources like wind and sunshine have the downside of not flowing constantly 24/7. Furthermore, the time of day where, for example, the sun is shining, might not be the period with the highest demand - at least not in Europe, where aircondition isn't a matter of course as it is in other parts of the world. So, one of the major obstacles for the energy changeover is the problem of storage.
At Intersolar Europe, the German inverter manufacturer secured a cooperation agreement with Samsung SDI. At the same time, Kaco presented its new energy storage and management system »Powador-gridsave«, and the new partner could act as an excellent source for continuous supply of the necessary batteries.
The Memorandum of Understanding for further cooperation was signed by Mr. Sangjin Park, CEO of Samsung SDI, and Mr. Ralf Hofmann, CEO of KACO new energy. The key items of this MoU are to support each other in defining optimised energy storage systems: Mainly, KACO new energy intends to pursue with this supplier storage systems in both the private and industrial sectors. Samsung SDI has command over the whole process chain from manufacturing of the storage cells right up to the integration in a
complete battery system, including battery management. Thanks to Samsungs involvement with other large scale customers, the Korean company will reach the quantities which are necessary to drive the prices down successfully.