EFY Times  
Thursday, April 24, 2014

 
GO
 
 

ACME To Partner With South Korea’s SAMSUNG SDI
 
Home >> Infotech >> Business Deal
 
ACME To Partner With South Korea’s SAMSUNG SDI  
 
   
Rate this news:  (1 Votes)
Wednesday, November 27, 2013 ACME, a leader in energy management and innovative solutions for alternate energy sector with presence in solar power generation, today said it had signed an exclusive and strategic agreement with South Korean energy storage system giant Samsung SDI, part of the Samsung, to manufacture and marketing of lithium ion batteries in telecom, solar power, defence sectors and other allied industries in India and the African continent.






As per the agreement, ACME will be the Sole Partners of Samsung SDI in India and Africa markets, has the exclusive right to use Samsung SDI’s technology and will aim sale of upto 110 MWh of lithium ion batteries by FY 2016in the above two regions.

“Acme has been a pioneer in introduction of innovative and disruptive energy technologies to the Indian industry since its inception, to reduce energy consumption, carbon emission and diesel usage. In line with our tradition, we are taking major steps forward to solve one of the biggest challenges of the energy industry by having a right storage solution from Kilo Watt to Mega Watt class. This will help users to replace their diesel generators, invertors and at the same time help utilities to schedule their renewable energy generation as per the demand . Samsung SDI being world’s biggest Lithium Ion Battery manufacturer and leader in technology and innovation, is our partner for manufacturing and marketing Energy Storage System (ESS) solution in India and Africa. We believe the unique strength of the two partners will be able to create and offer disruptive and right solutions for the Indian market to resolve issues related to back up power and distributed generation,” said Mr Manoj Kumar Upadhyay, Chairman and Managing Director, ACME.

Mr KH Kim, Vice President, Marketing and Sales, Samsung SDI said,” By this strategic alliance with ACME, Samsung SDI will make a milestone to expand our business of the energy storage system in India and Africa market. As a leading company of LIB-ESS industry, we will keep continuing to explore the market in India and Africa. We believe, with Samsung’s quality, capability and ACME’s network, we can reach our goal to become No.1 in this LIB-ESS business.”

The battery industry in India has been registering a CAGR of around 20% over the last few years. On the global front, the last decade has observed the surge in usage of Li-Ion batteries with while that of Ni-Cd, NiMH and Lead Acid batteries has been near stagnant. As per an estimate by Frost & Sullivan, the global market for Li-Ion segment was around $11.7 bn in year 2012 with 64% share of consumer batteries i.e. mobile phone, cameras, laptop, tablet PC and power tools, etc. This is expected to grow to double by 2016 and “the share of consumer batteries in the overall segment to be reduced to 52% and industrial usage to grow multifold”

In India, this technology will help several industries including telecom, utilities, defense, off-grid, logistics and many more.

The ESS industry will also play a major role combined with the green energy solutions to make them a reliable and viable hybrid energy source unlike conventional solar and other renewable energy options that work as per the natural clock. With the latest technological innovations, the lesser need for recharge and longer duration back-up will serve purpose by bringing contiguity in its output.



Print Email Post Comment 
(Total Views: 262)
 
Share
 
 
Infotech News
   
6 Packet Sniffing Tools For Ethical Hackers!
Coding Error Leaves Android Mostly Immune To Heartbleed
This Online Time Capsule Will Store Upto 100GB Data For 30 Years!
Here Are 18 Proxy Websites To Access Blocked Websites
12 Instant Messaging Clients For Linux Users!
 
 
 
     
     
     
Press Release
     
Home Automation Tops Residential Tech ...
Rand 3D Presents And Exhibits At COE ...
Sprint “Wastes” Little Time – Lands ...
WiTricity Appoints Alex Gruzen As CEO
Bud Industries Expands Push Button Box ...
Huawei: Enabling Digital Logistics ...
Data Analytics To Be Investment ...
New 4’ Explosion Proof Portable LED ...
ViewSonic Readies 27-Inches ...
Infosys DigitizeEdge Creates New ...
New Hitachi Data Systems Technology ...
N2Power Team Up With TTI Europe, Inc., ...
Canon Bets Big On Kids For Home Inkjet ...
Tokyo Electron Device Announces Release ...
Molex Plateau HS Dock+ Connector System ...
Global Benzene Market & It's ...
Time Warner Announces Board Of ...
Frontier Communications’ Three-Year ...
Zycus eSourcing The First To Celebrate ...
Research And Markets: Global ...
Littelfuse Receives 2013 Supplier Of ...
VESA And MIPI Alliance Announce The ...
Research And Markets: Global ...
NIIT Technologies And Morris ...
Research And Markets: Retail In Russia ...
 
SanDisk Announces 15 Nanometer ...
Saab Supplies Vehicle Electronics To ...
Research And Markets: Global Consumer ...
Sonics Expands Market Lead In ...
STMicroelectronics’ New Sub-Dollar ...
Samsung Galaxy Series Riding High On ...
Power Matters Alliance Welcomes ...
Samsung And PayPal Select Nok Nok Labs ...
Your Most Cost-Effective 4-Color Label ...
Casio Showcases Power-Saving Timepieces ...
LG Unveils Two Powerful New Mobile ...
OHL And Birchbox Collaborate For New ...
TeleYemen First To Offer iDirect-Based ...
JMR BlueStor Networked Storage Server ...
Syntel Launches New Digital Enterprise ...
Forget That Power Cuts Ever Existed!
Cota Wireless Power Solution Penetrates ...
Sigma Labs, Inc. Signs An Agreement ...
The Personal Connected Health Alliance ...
CSX Celebrates Earth Day With Focus On ...
Commercial Telematics Market Worth ...
HELLA Developing New Charging Systems ...
High-Performance, Low-Cost ...
LG And Team ENERGY STAR Invite Youth To ...
SHV Energy Simplifies Its Distribution ...
     
     
     
     
     
Most popular
 
Features
6 Packet Sniffing Tools For Ethical Hackers!
Keeping your network secure requires a lot of tools. The packet sniffing tools are amongst those that are most important....
Here Are 18 Proxy Websites To Access Blocked Websites
Go on and surf some blocked websites......
12 Instant Messaging Clients For Linux Users!
Want to chat with your friends? Use these IMs!...
7 Cryptography Books That'll Answer All Your Questions!
If you want to learn to break ciphers, encryptions or codes, well, look no further... ...
Want To Access Blocked Sites? Here's How!
Do check with your local authorities before taking the plunge. ...
Are You An IT Security Professional? Here Are 8 Awesome Books!
Without proper resources and the skill set, maintaining the security of your network is a half-hearted attempt. ...
6 Tools That Let You Browse The Net Anonymously!
Being anonymous on the internet is even more important in this age of constant snooping by governments etc....
10 Useful Firefox Add-ons For Hackers
Well, if you're looking to have some fun with your Mozilla Firefox browser, these add-ons might just be the ones for you!...
13 Open Source Game Engines That Developers Can Use
Game engines have been modeled after games like Quake etc. and they are very useful for developers....
Micromax Will Now Manufacture Smartphones In India
The company has also started producing its tablet devices in India....
LG G3 May Have Google Now Like Feature Of Its Own
The device is expected to arrive in the second half of 2014 and will have a quad-HD display....
HTC May Have Secures Nexus 8 Contract
The Nexus 8 is expected to be unveiled at the Google’s I/O developer conference in June 2014....
Github Co-Founder Quits Over Harassment Case!
Tom Preston-Werner and his wife have been accused of sexism and gender-based discrimination....
Earth Day Special: Apple Is Recycling Its Products For Free!
Apple is even giving out gift cards for products that have resale value....
Xolo Launches Q1010i Affordable Smartphone AT Rs 13,499
The device is priced in the same range as the Moto G and the Micromax Canvas Turbo Mini....
 
  View All
Dialogue
 
HTC Is Strong And There Are No Plans Of Sale Now Or In Future, Says HTC's Senior Director-Marketing
Atithya Amaresh from EFYTimes had an exclusive chat with Sirpa H. Ikola, senior director, Marketing, South Asia, HTC about its devices and its plans w...
“Cloud And Hybrid Hosting Are The Way To Go!”
Diksha P Gupta from Open Source For You spoke to Anil Chandaliya, chief network administrator, ESDS, about how customers can play safe while dealing w...
"Linux Interoperability Has Been Enabled Through Work Across Microsoft"
Diksha P Gupta from the OSFY team spoke to Dr K Y Srinivasan, principal architect at Microsoft, about how the company is moving ahead on the open trac...
"For Modern Day Tablets And Smartphones, Android Has Become A Default"
Diksha P Gupta from EFYTimes.com spoke to Indrajit Sabharwal, managing director, Simmtronics Semiconductors Ltd, about the compan...
"Torvalds' Blunt, Harsh Criticism Helps Open Source Grow"
Steve Ballmer called Linux 'cancer, which attached itself... to everything it touches,' in 2001 and oh-so-rightly. ...
   
  View All
Videos
 
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
   
View All
   
 
MWC 2014
 
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
MWC 2014: Alcatel Unveils PIXI 7 Tablet With Android 4.4
Alcatel arrived at the MWC 2014 with yet another low cost Android tablet, priced at $110 ...
MWC 2014: LG F70 Unveiled With Android 4.4
LG announced the new LTE-enabled Android smartphone, LG F70, at MWC 2014 in Barcelona. ...
   
View All
   
 
Events
 
19th Consumer Electronic Imaging Fair To Be Held On ...

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Facts for You
Electronics Bazaar
electronicsforu.com
efytimes.com
bpotimes.com
linuxforu.com
Electronics Annual Guide
EFY EXPO
EFY Awards
EduTech Expo
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter 
 
 
© Copyright 2014 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions