PARIS and MILAN, February 9,
2017 /PRNewswire/ --
Electro Power Systems S.A. ("EPS"), a technology pioneer
in energy storage systems and microgrids listed on the
French-regulated market Euronext Paris (EPS:FP), announces the
performance results three months after commissioning its second
microgrid in the Maldives.
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These data confirm that renewables coupled with the EPS storage
system cover up to 63% of the resort power requirements, enabling
reduction in diesel consumption by 423.000 litres per year, 50%
more than expected at the time of commissioning in October 2016.
"These data confirm the competitiveness of
off-grid power generation," commented
Daniele Rosati, Vice President
Engineering of EPS. "By using our
proprietary technology to ensure stability and
master the intermittent nature of any
renewable energy source."
This microgrid has an installed capacity of 4.1 MW, hybridized
with 0.8 MWp of solar distributed in eight installations throughout
the island and 0.3 MWh of storage to manage the spinning reserve
and stabilize the renewables sources. The microgrid is coupled with
1.1 MVA HyESS power conversion system and 3 MVA generators that
produce also heat for hot water of the resort.
In aggregate, EPS has commissioned in the Maldives two microgrids providing energy to
approximately 2.300 people, for a combined installed power of 10.4
MW, hybridized with 1.8 MWp of solar and 0.6 MWh of storage with
2.4 MW HyESS power conversion.
About Electro Power Systems
Electro Power Systems (EPS) operates in the sustainable energy
sector, specializing in hybrid storage solutions and microgrids
that enable intermittent renewable sources to be transformed into
stable power sources.
Listed on the French-regulated market Euronext, EPS is part of
the CAC® Mid & Small and the CAC® All-Tradable indices. EPS has
registered offices in Paris,
France, and research, development, and manufacturing in
Italy.
Thanks to more than 10 years of R&D, EPS has developed
technology covered by 125 patents and applications. EPS hybrid
energy storage solutions stabilize electrical grids heavily
penetrated by renewable sources in developed countries; in emerging
economies, EPS powers off-grid areas at a lower cost than fossil
fuels without the need for any subsidy or incentive scheme.
EPS has installed and commissioned 36 large-scale projects,
including off-grid hybrid systems powered by renewables and energy
storage totalling over 35 MW of installed power that provides
energy to over 160,000 customers every day, in addition to more
than 18 MW of grid support systems; the total capacity output is 47
MWh and 25 MW in 21 countries across Europe, Latin
America, Asia, and
Africa.
For more information, visit http://www.electropowersystems.com
.