energy saving

BNEF report names Nidec Industrial Solutions as the world’s leading supplier in energy storage

Nidec Industrial Solutions has, for the fifth consecutive year, confirmed its standing as the world's leading supplier in the energy storage market, according to a new report by Bloomberg New Energy Finance (BNEF).
BNEF report names Nidec Industrial Solutions as the world’s leading supplier in energy storage
Courtesy of Nidec Industrial Solutions

The BNEF report highlights the evolutionary trends in the renewable energy market on a global level. It ranks Nidec Industrial Solutions as first in the battery energy storage system market (BESS), due to the company’s track record of numerous projects developed around the world from 2013 to 2018, with an aggregate installed in utility scale systems of 268 MW/445 MWh, as an EPC (Engineering Procurement Contractor), or as a supplier capable of overseeing the creation of a system, from the design phase through to its construction and testing, and then the maintenance activity throughout the system's entire life cycle. The company claims an overall record, if the period prior to 2013 is also included, of over 500 MWh in BESS around the world.

In 2016, the company held the record for systems installed totalling 116 MW, including the creation of an energy storage system with a total capacity of 90 MW/120 MWh for the German company STEAG, the largest system of its kind, up to that date.

“The excellent positioning acknowledged in the report by Bloomberg New Energy Finance (BNEF) makes us especially proud” said Matteo Rizzi, Director, Global Sales PV, BESS and EV of Nidec Industrial Solutions. “It is the result of a strategy that focuses strongly on renewable energy and its goal is to seize business opportunities around the world. We operate in both Europe and the rest of the world and in 2016, in Japan, for example we supplied Advantec with an energy storage system (BESS) with a total capacity of 6 MW and 6 MWh, to support a photovoltaic system. We are proud to say that in 2016 we also won the EPC contract for EDF, in a 49 MW project and for EON in a 10 MW project, as part of the tender for the frequency regulation of National Grid in the UK, winning 30 percent of the market share as EPC Contractor. Both of these were completed in 2017”.

Mr Rizzi added that, in effect, the company has a global footprint, confirmed by the contracts it won in 2017 and that its value proposition benefits from the company being not just system integrators but are also vertically integrated, supplying turnkey Battery Energy Storage systems that include cutting edge power conversion systems (PCS) produced by the company itself, and Energy Management System (EMS) and Power Management System (PMS) that use its technology. The company can also implement BESS that utilise different technologies in addition to that of lithium, as is the case with projects for Terna Sanc and Storage Lab, that envisage an installed aggregate of 212 MWh.

Nidec Industrial Solutions is among the world's top companies when it comes to the supply of battery energy storage system (BESS) solutions for commercial systems and electrical grids and plays a leading role in innovation in the battery energy storage sector.  It recently developed a new Ultra Fast Charger (UFC) for recharging the new generation of electric vehicles, making it possible to recharge an EV in less than 15 minutes and with a guaranteed range of 500 kilometres while also minimising the impact on the electricity grid. The UFC will lead a portfolio of products consisting of ultra-fast chargers, LV charging stations with centralised batteries and MV charging stations, possibly without batteries.

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