Bengaluru, August 28, 2018: Sun-AP Ecopower, a Bengaluru-based engineering firm and Outback Power Technologies, member of the Alpha group, USA and world leader in solar storage solutions and inverters, announced their partnership today to introduce to Indian Market, state of the art Alino and Outback series solar products. The energy storage products use Lithium or Advanced LMLA batteries with high efficiency inverters of Outback. This helps promote distributed power generation & ensure uninterrupted power supply in rural areas or power deficit areas, making them compatible with solar, grid and battery. These products will be available across Karnataka now through a network of channel partners being set up by the company for doorstep services.

This partnership will enable solar installation companies and end consumers introduction to reliable, sturdy, rugged and field tested off-grid or hybrid inverters with advanced battery management systems to address power-cuts and power outages in the hinterland or power deficit areas with real time monitoring options. This solution owing to its energy storage capability is expected to ensure uninterrupted power in areas which are prone to natural calamities and other emergencies.

According to KS Kumar, Managing Director and CEO, Sun-AP Ecopower, “The innovative and globally proven high technology Outback Inverters with energy storage will go a long way in helping customers to self-consume all the solar electricity they produce to offset their utility or EB costs, day and night, as well as power their way through protracted outages and emergencies enabling energy reliability and also visible return on investment over time.”

Further, he pointed out, “We’ve always been striving to simplify people’s access to power and making it as efficient, safe and cost effective as possible. The new offering will pave way for homeowners, offices and rural households seeking a plug-and-play energy storage system to embrace the solution as it is known for its reliability and durability.

“This is an important partnership for us”, said Ajith Kumar, VP- Commercial & BD, Alpha Tech Energy Solutions India, “We are looking forward to sharing our 17 years of off-grid and battery-based systems knowledge and expertise with the local installers. We believe that introducing battery-based solar power and the unique energy resiliency offered by these systems, with the unique feature to remotely control and monitor the system will benefit the rural Indian end-user immensely.”

Energy storage technology has the potential to be a game changer for Indian energy market. By pairing solar energy resources with energy storage technology with high efficiency and safety, it helps to lower energy costs for ratepayers, shave our peak demand energy usage, and reduce our state’s carbon emissions and meet energy requirement reliably across all parts of state and enable end user own and plan their energy needs, Kumar pointed out.

Also, he revealed, the innovative solution will be a boon for customers in areas affected by severe flooding or monsoon and outages due to bad weather, and even those having solar grid connected units as almost all of that electricity potential was stranded on the rooftop without energy storage on-hand to make it useable after the grids went down.

Sun-AP Ecopower and OutBack Power will launch the “Alino” series and “System-Edge” based series of solar off-grid and solar hybrid inverters. These solutions will be equipped to generate 1 kVA loads to 30 kVA loads giving support for 4 to 120 units daily for use to end user or higher if customized and will be backed by energy storage batteries to save the electricity generated for consumption during night times. The series is priced affordably starting with a ready to install complete kit of Rs 2 lacs onwards with rugged design configuration for running pumps or motors or air-conditioners or grinders type inductive loads also with house loads, with optimal utilization configuration.

According to Mr Kumar, Sun-AP Ecopower is building a dedicated franchisee network across Tier I and Tier II and interior towns to take the innovative solutions far and wide across Karnataka encouraging entrepreneurs and businesses alike to help cater this market. Also, the company plans to train technicians at the local level so as to provide seamless service for its innovative plug and play storage-based energy systems

About OutBack Power Technologies:

For over 17 years, OutBack Power has been the recognized global leader in the design and manufacture of battery-based renewable energy systems. With the regulatory and incentive landscape changing almost daily, consumers are rapidly moving away from simple grid-tied systems and towards intelligent, battery-based designs that blend energy independence with smart technology that is good for the pocket book and the environment.

As a member of The Alpha Group, OutBack Power is backed by the resources and expertise of The Alpha Group’s 40 year’s history as an innovator in power conversion for critical applications in the communications, commercial and industrial markets. The Alpha Group represents an alliance of independent companies united by a common goal: of creating world-class powering solutions for the renewable energy, communication, commercial and industrial markets. Whether the application is village micro-grids in Africa, rural electrification projects in Latin America, remote off-grid cabins in Alaska, or a suburban home in Bengaluru, OutBack Power Technologies has set the bar for delivering advanced renewable energy power conversion electronics and energy storage.

Famous for its legendary power electronics, OutBack is also a leader in the rapidly growing field of energy storage for PV systems.

Sun-AP Ecopower:

SunAP Ecopower, Bangalore is dedicated to providing state of the art and cutting edge technologies using solar power for both urban and rural areas. It provides cutting edge grid tied systems providing sophisticated real time monitoring for all types of solar systems from 300 W to multi kW or MW. It provides technically advanced storage solutions for making rural India or areas affected by power outages utilize the best and maximum from solar energy use.  It has partnered with global leaders in innovation and of power electronics applications using solar energy. Founded in 2016, the company draws on decades of industry experience in high-tech, with a veteran team from solar industry with expertise in design, engineering, manufacturing and projects over 30 years.

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Julian Jansen, senior analyst, solar and energy storage, IHS Markit

In 2016, 1.3 gigawatt (GW) of grid-connected energy storage was deployed, which will grow to 4.7 GW in 2020 and 8.8 GW in 2025.

• The grid-connected energy storage market is projected to grow from annual revenues of $1.5 billion in 2016 to more than $7 billion in 2025 with a CAGR of 16 percent.
• Today utility-scale storage dominates the global market: In 2020 for the first time more than 50 percent of cumulative annual installs will be deployed behind-the-meter.
• The United States will be the largest market, deploying 1.2 GW in 2020, seeing a CAGR of 21 percent from 2017 to 2025. In the short term, South Korea, Japan, Germany, Australia and the United Kingdom will be the next biggest markets.
• Lithium-ion battery module prices have fallen 70 percent since 2012, and will fall below $200/kWh by 2019.

Energy storage outlook strengthens as the market for longer-duration systems establishes.

The global market for energy storage remains poised for growth, with the market outlook strengthening until 2025, reaching a total installed base of 52 GW. Overall, IHS Markit predicts that annual deployment if grid-connected energy storage will grow from 1.3 GW in 2016 to 4.7 GW in 2020 and 8.8 GW in 2025.

As part of the continuous research carried out by IHS Markit across the energy storage industry, a number of macro-trends are emerging. Early markets for energy storage from 2013-2015 were driven by single applications, such as frequency regulation in the PJM market, or self-consumption in the German residential segment. However, over the course of 2016 and the first half of 2017, new value is emerging for utility-side-of-meter storage, primarily from capacity requirements, the integration of utility scale solar and island micro-grids. This leads to greater growth in the longer duration storage segment, especially systems of 2-4 hour duration.

At the same time in the behind-the-meter segment, system aggregation and demand response programmes are enabling value stacking and improving economics, aided by regulatory support and subsidy programmes in California, South Korea, Japan or Germany. Therefore IHS Markit predicts that in 2020 for the first time more than 50 percent of cumulative annual installs will be deployed behind-the-meter.

On a regional level, three key markets currently stand out:

• IHS Markit is seeing a continuous increase in the forecast for the United States behind-the-meter market with SGIP funding in California driving deployment across the various applications and revisions to NEM programmes supporting the long-term development of residential markets.
• Sustained growth in South Korea, despite the completion of major frequency regulation projects in 2017. Over the coming years increasing utility-lead programmes for renewable integration and mandates for energy storage in public building support annual deployment of more than 300 MW p.a. from 2018 onwards.
• Public tenders and large-scale solar plus energy storage are igniting the Australian utility-side-of-meter market, as shown by major announcements from players such as Tesla and Lyon Group.

As prices for energy storage systems continue to fall, previously uneconomical applications, such as the co-location of battery storage with solar PV, are becoming feasible. Driven by declining Lithium-ion battery module prices, which have fallen 70 percent since 2012, the technology will dominate the market over the coming years. With prices for Lithium-ion battery modules predicted to fall further, reaching less than $200/kWh by 2019, Li-ion batteries will also establish themselves as the leading chemistry in longer duration systems aimed at the two-to-four hour duration segment.

IHS Markit Technology Energy Storage Research

IHS Markit Technology Smart Grid and Energy Storage provides a detailed and accurate view into the market for energy storage systems across all key segments of the industry, including small and large-scale renewable integration, grid support, and behind-the-meter storage. Whether you are a new entrant in the market, looking to capitalize on this growing opportunity, or looking to understand developing market trends, this service delivers the market intelligence and insight you need to understand this complex market.

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