VIDEO: SunEdison buys 1,000 energy storage systems from Imergy
The vanadium flow batteries will be used to store solar-generated electricity for SunEdison's rural electrification and solar power microgrid projects in India
"Energy storage is the perfect complement to solar powered minigrids because it enables us to provide dependable, 24/7 electricity," said Ahmad Chatila, president and CEO of SunEdison. "And Imergy's technology is a great fit for rural electrification because their systems are high performance, low cost, ultra-durable and need very little maintenance."
"Imergy is proud to be working with SunEdison to bring electricity to the under-served in rural India," stated Bill Watkins, CEO of Imergy Power Systems. "Imergy's storage systems are safe and sustainable, and provide the lowest cost and most reliable way to store energy for these minigrids."
SunEdison will also increase its equity investment in Imergy. This strengthens the supply relationship between the two companies as SunEdison begins deployment of its extensive rural electrification program in India.