Samsung
SDI (KRX:006400) launched a variety of products including
high-capacity ESS (Energy Storage System) to strengthen its position in
the market.
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Samsung SDI (KRX:006400) showcased the latest ESS technologies at ees Europe 2019 under the slogan “Energy for the Next” which means preparing the next generation of ESS. The company exhibited its new ESS product E3, an ESS model with energy density enhanced by 20% compared to the previous model. High energy density can achieve space-efficiency because it enables even small-sized ESS to contain a large amount of energy. Designed for utility and commercial, the model can be widely used to supplement uneven energy production of some renewable energy such as solar and wind power or to store cheap, off-peak electricity for peak hours at commercial ESS facilities. On top of that, Samsung SDI drew favorable responses from customers while showcasing full ESS product lineup that reflects customer’s needs, such as 100Ah cells for ESS and high voltage ESS modules for home. (Photo: Business Wire)
The company showcased the latest ESS technologies at ‘ees (electrical
energy storage) Europe 2019’ held in Munich, Germany for three days from
May 15th, under the slogan “Energy for the Next” which means preparing
the next generation of ESS.
The ees Europe 2019, which welcomes more than 1,100 ESS companies from
150+ countries, is one of the biggest ESS exhibition in the world. This
year, Samsung SDI participated in ees Europe for the sixth time.
The company exhibited its new ESS product E3, an ESS model with energy
density enhanced by 20% compared to the previous model. High energy
density can achieve space-efficiency because it enables even small-sized
ESS to contain a large amount of energy. Designed for utility and
commercial, the model can be widely used to supplement uneven energy
production of some renewable energy such as solar and wind power or to
store cheap, off-peak electricity for peak hours at commercial ESS
facilities.
E3’s greatly enhanced energy density is made possible by high energy
density cell technology. Samsung SDI improved E3’s energy density
through the innovation of internal materials without changing the size
of embedded battery cells. The design of the rack and module were also
optimized to enhance energy density further while maintaining product
size. With its higher capacity in the same size as the previous product,
it is regarded as an evolved product due to its increased availability
and cost-effectiveness in terms of installation and maintenance.
This year, Samsung SDI attracted attention with its further improved
safety design technology. The company demonstrated its unrivaled safety
design capability by meeting the industry’s first ESS fire-resistance
test standard from Underwriters Laboratories (UL), a global safety
certification company. With this technology, Samsung SDI is set to be a
leading company for much safer ESS.
On top of that, Samsung SDI drew favorable responses from customers
while showcasing full ESS product lineup that reflects customer’s needs,
such as 100Ah cells for ESS and high voltage ESS modules for home.
“We are constantly upgrading our products based on the distinguished
technologies,” said Jeongwook Kim, Executive Vice President and head of
Samsung SDI Strategic Marketing Office. “We will take the lead on the
market with improved ESS products.”
The demand in global ESS market is surging thanks to policies that
promote renewable energy. According to the data by SNE Research, a
market researcher, the global ESS market is expected to grow by 31
percent per year, from 11.8 gigawatt hours last year to 77.6 gigawatt
hours in 2025.
[Glossary] ESS (Energy Storage System)
ESS is a system that stores
energy. ESS is consist of racks, which are battery modules connected in
series. Battery modules are consisting of cells. ESS manufacturers
provide various type of products, from cells, modules to racks, in
accordance with customer requirements.
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