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Home » Press Release » Statcon Energiaa bags ‘Excellence in Renewable Energy Storage Solution’

Statcon Energiaa bags ‘Excellence in Renewable Energy Storage Solution’

October 12, 2022 6:21 pm

Statcon Energiaa bags ‘Excellence in Renewable Energy Storage Solution’
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Statcon Energiaa one of the leading innovator in power electronics won the prestigious award for renewable energy excellence at the recently held REI Expo 2022 held at Greater Noida, Uttar Pradesh. The award category was ‘Excellence in RE Storage Solutions’. This innovative product, titled ‘Microgrid Energy Corridor System’, provides uninterrupted supply to a microgrid using various renewable energy resources. It is also used to connect various microgrids through AC coupling.

Pranjal Pande, Director, shared, “In alignment with our honourable PM’s message at COP26 this year, we are striving to ensure a sustainable and clean future for all. We developed this integrated solution for wider and easier adoption of microgrids across the world, and especially in India. Our solution has helped several microgrid companies expand their operations and end-users, mostly rural residents, to easily operate and utilise renewable energy 24×7. Also grateful to Renewable Energy India Expo and Informa Markets for giving us this opportunity to showcase our innovation and give it a prestigious platform. Our company has been a leading power electronics manufacturer for 30+ years and will continue to build innovative products and solutions that fulfil the energy needs of our nation. Statcon Energiaa recognises this gap and has fulfilled the gaps that existed for improving our microgrid infrastructures. We have proved our technology to the biggest names in the microgrid industry and they not only use but also recommend this product to others in order to fulfil their vision of a self-sufficient India”.

Key features of the solution are it combines multiple renewables, can combine multiple renewable sources like solar, biomass, wind and micro hydro to provide seamless, uninterrupted power to the microgrid. The Plug-N-Play outdoor solution requires zero infrastructure for operation. It requires no AJB, ACDB or protections as all these are in-built.  It provides battery storage to store energy using all types of external storage technologies like lead acid, gel, and lithium as well as flow batteries. It has in-built interface for diesel generators to charge the batteries and cater to loads.

Loads of smartness through IoT-based multilevel remote monitoring and control, and hence, giving operator level ease of operation. It supports both AC coupling and DC coupling to increase system scalability.  The AC-AC power transfer for connecting multiple microgrids. It has zero downtime owing to its reliable and redundant design. One gets 100 per cent technology ownership. No company currently offers a single solution for microgrids apart from a few assemblers who do not own the individual components (MPPT chargers, inverters, and so on), leading to zero sense of ownership. This compromises the system’s reliability in the long run. Consequently, microgrid owners replace such products within a year of installation and then switching to some other similar available product.

It is indigenously designed and developed with all its components like transformers, cabinets, power stacks PCBs, and software designed in India. Thus, it boasts of a 100 per cent control on technology. This product allows microgrid operators to not only operate with peace of mind, but also have the confidence to expand them in future. The idea of a scalable microgrid business is at the core of this product’s design philosophy. The company offers highly competitive pricing for this innovative solution to cater to a growing microgrid demand.

Impact of our technology

Currently, we are catering to more than 500 microgrids through our solution in India and abroad – competing with some of the biggest names across the globe. In rural regions, where this product is running, the residents are benefitting from interrupted power supply, easy system maintenance, increased employment, improved local commerce and much more.

Moving forward, the company plan to bolster more microgrids by associating with some of the biggest microgrid operators in India, Africa and Southeast Asia. We are one of the very few unique manufacturers operating in this space who have 100 per cent ownership of the technology being used and hence, microgrid operators can feel confident not only about the reliability aspect but even the improved LCOE for the next 10 plus years.

This technology ensures that the heart of a microgrid solution is sophisticated yet simple to use. With this aim, we have designed this product for minimal maintenance and maximum durability. The more user-friendly it is, the more it will help our clients to recommend it for microgrid programmes and the end-user will also be able to reap maximum benefit.

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