Panasonic takes a step ahead in Energy Storage Solutions

Global innovation and technology leader, Panasonic India has introduced its new line of energy storage solutions for the Indian market at ELECRAMA 2018. The newly launched compact business power solution also known as the CBPS 8000 essentially houses all the imperative functional tools in a single box which manages power requirements at the site comprehensively.

Its plug and play system addresses challenges faced by more than half a million telecom towers located across geographies, with additional features such as compact size making it easy to install and maintain. The products diagnostic feature allows for fault identification with quick resolution and minimum downtime.

Around 40000 telecom towers work on Panasonic batteries currently amounting to 35% share in the market.

A push for environment friendly and sustainable solutions for telecom towers has caused corporations to come forward with lithium-ion battery-based solutions thus, increasing the demand rate exponentially.  Atul Arya, Head Energy Systems Panasonic India said,

“With the increase in data consumption and various government led initiatives such as Digital India and Smart cities, we are experiencing an exponential growth in the nation’s telecom segment. This has led to an increase in telecom towers and sustainable renewable back up options powered by batteries. Our newest solution based offering for the industry, the CBPS 8000 is an easy to install and maintain product which allows consumers to manage power needs at the site efficiently.”

Panasonic India is also looking for expansion in industries such as Data Centres, Commercial & Industrial Sector and Rural Micro-grids.

Mr Atul Arya, Head Energy Systems Panasonic India, further elaborated saying,

“Our grid energy consumption demand and pattern has been continuously evolving and growing over the years. To keep pace with these growth patterns, the grid has to use new technologies like energy storage to improve its maturity level. It is understood that variations in wind and solar energy and the lack of adequate electricity storage facilities, result in about 15-20% of all renewable energy in India going to waste. Energy storage based solution applications can help transform the current power infrastructure of the nation, by ensuring a clean reliable grid. Further they can help enterprises achieve their electrification needs, power their sustainable goals and save on recurring costs and investments. By introducing these solutions, we are looking at transforming the nation’s energy storage landscape by providing solutions which will help offer grid stability and improved ancillary services for businesses across.”

Source: Economic Times

A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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