Hanwha SolarOne combines photovoltaic technology with SilentPower's energy storage solutions.
Chinese solar cell manufacturer Hanwha SolarOne Co., Ltd. has announced a strategic partnership with U.S. energy storage company Silent Power to jointly develop photovoltaic energy storage systems. Hanwha SolarOne is a subsidiary of South Korea's Hanwha Group. The strategic cooperation will provide consumers with "high-value distributed power systems." The two companies will combine Hanwha's photovoltaic panels with Silent Power's energy storage device OnDemandEnergyAppliance to create a "complete marketable solar energy system solution."
Todd Headlee, CEO of Silent Power, said, "Combining the innovative On Demand Energy Appliance with high-quality solar PV panels from Hanwha Q CELLS will provide a high-value distributed power system to customers seeking renewable energy solutions. This global strategic partnership with market leader Hanwha Q CELLS will help accelerate the commercial deployment of Silent Power's energy storage technology." Charles Kim, President of Hanwha Q CELLS, said, "We have heard from our customers that energy storage is a key factor in realizing the full potential of renewable energy, making the grid smarter and realizing the reliability and value of solar energy systems." "Hanwha Q CELLS is building the future solar economy by establishing focused strategic partnerships, such as this one with Silent Power, which expands Hanwha Q CELLS's product portfolio. This partnership builds on the company's goal to be the most innovative, flexible and reliable partner to customers."
Hanwha SolarOne Co., Ltd. said that storing excess energy produced during peak hours (especially between 9 a.m. and 3 p.m.) means that energy can be used later. The system owner or power department can use the stored energy to provide power to the grid during peak hours. Silent Power's On Demand Energy Appliance can also provide backup power to owners when the grid is out of power. The product will be available in residential, commercial and industrial markets by the end of this year.
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