28 March 2017 2017 09:45 AM GMT

Grid Feeding Solar: KACO Agrees To Supply 300MW Of Inverters To South Korean DNE

KACO new energy GmbH from Neckarsulm and the South Korean trading and EPC company DNE Solar Ltd. Reaffirm their long-term partnership with a major order: the inverter manufacturer will supply equipment with a total of 300 megawatts of power to the Asian country. DNE Solar will only purchase string inverters from KACO new energy. The wall mounted devices blueplanet 20.0 TL3 INT and 50.0 TL3 INT and the Powador 60.0 TL3 inverters are responsible for the lion’s share. Their use is primarily planned for commercial solar roofs and solar parks on a power plant scale.

“Thanks to our great passion for renewable energies and the uncompromising emphasis on service and support, DNE Solar has established a firm position in South Korea. As a pioneer of the inverter technology with a long, Made in Germany tradition, KACO new energy fits well into our customer-oriented action. I am therefore certain that with this partnership we will continue the paved path. South Korea is keen on energy independence and a multi-faceted energy mix; “Said David Kim, CEO of DNE Solar Ltd.” This is a great opportunity to develop and design the solar market.

David Mabille, CSO of KACO new energy, added: “We are very pleased to conclude this agreement with DNE Solar. It is the result of our sincere commitment to the South Korean solar market and the long partnership with DNE Solar, which has matured over many years. As one of the oldest and most important representatives of solar energy in South Korea, the company is deeply rooted in the local market. It has acquired a comprehensive knowledge of the technical and commercial needs of its customers and can provide solutions for all renewable energy and storage requirements. ”

DNE Solar Ltd. Is a leading PV specialist whose integration with the South Korean market for renewable energies reaches back to the year 2006. Nearly 300-megawatt inverter power from KACO new energy has been installed by the company since 2012 and in maintenance. DNE Solar has a comprehensive service organisation consisting of highly qualified service technicians, which are approved by KACO new energy for service and technical advice. At present, DNE Solar is expanding its business and developing energy storage systems based on its own expertise and technology experience, which the company has acquired over many years together with the growth of the company.

KACO new energy is one of the world’s largest manufacturers of inverters for grid feeding of solar power. The product range includes a complete range of services for systems ranging from detached houses to megawatt solar parks. Since 1999, the Neckarsulmer company has delivered inverters with a cumulative output of nine gigawatts. KACO new energy was the first company in the photovoltaic sector to produce its inverters CO2-neutral. The technological range of inverters for combined heat and power plants and concentrator modules as well as storage systems for solar systems extends beyond network and battery-connected solar inverters. In 2014 the company celebrated the 100th birthday of the original mother company, which was one of the first manufacturers of inverters in the late 1930s.

Photo: courtesy of KACO new energy GmbH

December 27th 2017
Rooftop PV Presents a $23 Billion Opportunity in India Over The Next 5 Years

India is accelerating development of renewable energy projects to provide cheap, reliable and clean power to its 1.3 billion people. The country’s per-capita on-grid electricity consumption has increased significantly over the four years; due to increased industrial activity, higher uptake of electrical appliances by residential electricity users and the addition of new consumers to the grid. During this period, the cost of electricity from rooftop PV has halved, due to fierce competition in the market and a drop in equipment prices. In contrast, average retail electricity rates have increased by 22% in the same period. This has made rooftop PV cheaper than commercial and industrial grid tariffs in all major states in India.

February 5th 2018
Masdar City To Test Latest Concepts In Autonomous Electric Vehicles

ICONIQ Motors, a China-based EV company, has reached agreement to test its autonomous driving concept at Masdar City. The ICONIQ SEVEN, one of the world’s latest EV models is a futuristic vehicle, built on an intelligent, connected vehicle platform integrated with Microsoft’s AZURE cloud technology; and is set to hit the market in 2019. “Masdar City has put smart and sustainable mobility at the centre of its strategy, as highlighted by the historic success of its flagship driverless Personal Rapid Transit (PRT) system,” said Yousef Baselaib, Executive Director of Sustainable Real Estate at Madsar. “It is the ideal location to test innovative autonomous driving concepts.”

December 27th 2017
Volkswagen Strongly Commits To E-Mobility And Digitalisation, Investing €34 Bn

The Volkswagen Group has made a major announcement regarding its strategic goals until 2025. By the end of 2022: more than €34 billion is planned for the development of e-mobility, autonomous driving, new mobility services and digitalisation. Financial markets reacted positively to the Group’s strategic focus and Volkswagen’s share price were back at the pre-crisis levels. CEO Matthias Müller stated “We are reinventing the car. To achieve that, we are making targeted investments to provide the necessary funds from our own resources.” The Group has said it would electrify its entire model portfolio by 2030. 


 

   

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