EFY Times  
Tuesday, July 29, 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: 354)
 
Share

 
 
Infotech News
   
HP Earns EPEAT Gold Certification For 18 Products In India
Premier Farnell Signs Direct Agreement With Swissbit AG
Strontium Launches Its Nitro MicroSD With OTG Card Reader - Mobile Kit
MAIT To Organize Workshop With Experts To Ideate ICT Standards
First Advantage Collaborates With MeriTrac To Bring Holistic Candidate Assessments To India
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

5 Bootable Data Recovery Tools For Your Linux Systems
Cross-Platform: Fact or Fiction?
Have Fun With Linux Command Line, Play These 5 Games Now!
10 Amazing Tools For PHP Developers!
Make Google Chrome Lightening Quick With These Wild Hacks!
5 Free Java Graphics Tutorials For Budding Designers!
7 Good Linux Recovering Tools For Linux/Windows/Mac machines
8 Inspiring Raspberry Pi YouTube Tutorials For Developers!
8 Lesser Known Yet Highly Efficient Linux Desktop Environments!
10 Questions That Google Never Asks While Hiring!
8 Cool HTML5 Video Player Alternatives To Flash Player
Smartphone Review: Asus ZenFone 5
Make Your Life Easier With These 7 Web Services!
Here Are 7 Must-Have Android Tools For Developers
Top 5 Linux Browsers!
7 Good Java Charting & Reporting Tools For Developers
 
   

Overall

Features
7 Free Graphics/Image Software For Linux!
Use these tools for all your designing/imaging tasks. Also feel free to comment on your favorites......
8 Free Linux Online Video Tutorials For You To Get Started!
Videos are always an inspiring and better way to get your basics right......
Here Are 15 Useful C Shell Commands & Their Functions
Here's a handy list of shell commands for you. We will bring you more in the coming day......
10 Interactive Commands In Linux You Can Use While Running Top
The top command in Linux is quite a useful command line tool at that......
6 Good CSS Editors For Linux (Ubuntu) Users
The following CSS editors are free and open source. Make sure you use them....
8 Linux Programs For The Artistic Bend Of Mind
Looking for some inspiration?...
7 Highly Powerful CSS Tools For Designers!
The following tools are all open source and really amazing. Try them!...
10 Amazing Tools For PHP Developers!
The following open-source PHP tools are a must-have....
Make Google Chrome Lightening Quick With These Wild Hacks!
Chrome's Flags can be quite useful, use them......
Python How-Tos: Secure Password Hashing
Hashing passwords is more secure than encrypting them!...
10 Free Android Apps For Your Business And More!
Increase your productivity with these free Android apps....
Make Your Life Easier With These 7 Web Services!
The following tools can help achieve your daily tasks quickly and efficiently....
The Tor Diaries: The Top 7 Secret Resources Hiding 'Beneath'
Some of these places have been brought down, however, it's good to be updated with everything, right? Tor is fascinating, and it's dark...really dark ...
Does Arduino Fascinate You? Here Are 7 DIY Projects For You!
Have some fun with Arduino, the following projects will inspire you to take out your toolbox!...
12 Free & Open Source Data Visualisation Tools For You!
Embrace the power of big data with these free visualisation tools. ...
 
  View All
Dialogue
 
10 Questions That Google Never Asks While Hiring!
Here is a list of 10 questions that Google just banned from their interviews....
For Enjay, Open Source Technology Is A Way Of Life
An entirely open source-based company, Enjay IT Solutions, has built itself a reputation in the OSS domain....
Switching To Tizen Doesn’t Mean We Are Abandoning Android: Samsung
The company has worked to build Tizen up from scratch and has now introduced it to developers and the general public with its latest range of wearable...
Venturing Into The Cloud? Develop A Customised Cloud Strategy First!
Diksha P Gupta speaks to Rushikesh Jadhav, cloud evangelist, ESDS Software Solution Pvt Ltd, on how the cloud has changed the way compan...
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...
   
  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
opensourceforu.com
electronicsb2b.com
Electronics Annual Guide
EFY EXPO INDIA
EFY EXPO WEST
ELECTRONICS ROCKS
EFY Awards
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter 

Educational Kits
Kitsnspares.com
 
 
© 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