Topics : Contracts, Licensing/marketing agreements
MUNICH, May 20, 2022 /PRNewswire/ — Trina Storagethe provider of vertically integrated battery energy storage systems (BESS), announced the signing of a letter of intent with Power Electronics, a world leader in storage and manufacturer of tier-one solar inverters at the occasion of the Intersolar Europe 2022 exhibition.
Trina Storage and Power Electronics will jointly deploy battery energy storage projects with a capacity of more than 1 GWh using the new BESS Elementa of Trina Storage by the end of 2023.
Elementa, the flexible, safe and high-performance BESS launched at Intersolar Europe 2022, is a modular and intelligent storage solution allowing up to 25% additional cycles and cost savings. The turnkey solution for Trina Storage will include the latest PCSK inverters from Power Electronics for a highly efficient BESS that will be launched in the European market, followed by the US market in the future.
The integration of the powerful inverter with the high performance BESS of Trina Storage is a necessary step to build a storage solution of the future, which takes into account customer requirements for a more efficient and less risky BESS. The collaboration will also allow customers to better control their assets and maximize profitability, said Terry Chenresponsible for the energy storage activity abroad.
We are very excited about this partnership with Trina Storagefrom the first day of this collaboration between our multidisciplinary teams, from the definition of the technical solution to the success of its execution on siteunderlined Luigi Barianibusiness development manager at Power Electronics.
TrinaStorage, a business unit of TrinaSolar, is a global provider of energy storage systems committed to transforming the way we supply energy. Our mission is to lead the transition to renewable energy through cost-effective storage. With over 20 years of solar experience, we provide cost-effective and flexible solutions to utilities and developers around the world.
About Power Electronics
Power Electronics is the world’s leading manufacturer of energy conversion systems for energy storage and one of the leading manufacturers of solar inverters for photovoltaic power plants in Europe, Oceania, Asia and America. Its products are present in nearly 1,300 factories in 35 countries around the world. The company has 60GW of alternating current installations which has avoided the release of more than 70.5 million tonnes of CO2 into the environment.
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