Energy storage solutions provider Kokam has secured two orders to supply and install its battery solutions, totaling 40MWh in South Korea.
Kokam said that two projects include 12MWh and 28MWh of PV-connected energy storage system (ESS), and will use its High Energy Lithium Nickel Manganese Cobalt Oxide (HE NMC) battery technology.
The first project was installed at three sites in Chungchoeng region by collaborating with the project’s renewable energy system developer, Razzler, which holds the engineering, procurement and construction (EPC) contract. For this project, the company supplied and installed 5MW/ 12MWh of total ESS capacity to support 5MW solar plant.
The second order was placed by Korea Midland Power for nine sites located across the country. The project includes 8MW/28MWh of total ESS capacity coupled with a 10MW solar capacity. All 28MWh of ESS capacity is scheduled to be installed and in operation by the end of this year.
Kokam stated that the majority of the ESS capacity for the 28MWh project uses the company’s 100 Ah HE NMC cell. This is claimed to be a newly developed, high-energy cell with an energy density of about 26% or 204.4 watt hours per kilogram (Wh/kg), without reducing its expected life.
Kokam’s power solutions division vice president Ike Hong said: “With more than 200MW of Kokam’s battery technology sold to ESS customers around the world, these two new projects further strengthen Kokam’s position as leader in delivering reliable, high-performance ESSs that enable renewable energy, utility, industrial, and other customers to maximize the value of their energy storage projects.
“These two new projects and the introduction of our new high-energy 100 Ah HE NMC cell illustrate that we provide the technology and expertise that PV and other renewable energy project developers and owners need to integrate safe, high-energy storage into their projects.”
In October, SolarEdge Technologies closed the previously announced acquisition of approximately 75% of Kokam. The aggregate investment to purchase the Kokam shares was nearly $88m, including transaction-related expenses.