Featured: A*Star Micro-Grids Article
Narada has been featured in a recent article by Agency for Science, Technology & Research (A*STAR), Singapore. Narada combined Solar Photovoltaic Energy generation with it’s REXC lead-carbon batteries.
” TEST-BED FOR SMART GRID INFRASTRUCTURE
Other companies such as Narada Asia Pacific are working on developing smart grid solutions which can support new applications such as electric vehicle charging.
This is not surprising, given that the global cumulative smart grid market is expected to surpass $400 billion worldwide by 2020.
Southeast Asian countries are expected to invest $13.6 billion in smart grid infrastructure between 2014 and 2024.
Narada Asia Pacific approached A*STAR’s Institute for Infocomm Research (I2R) in 2014, to explore how it could develop an integrated micro-grid system that combines solar photovoltaic energy generation with its REXC lead-carbon batteries. They eventually partnered on a joint-venture project, the Residential Photovoltaic Energy Storage System (PV ESS), together with the Singapore Housing Development Board & (HDB) and Singapore Power.
A complete micro-grid system was set up on the rooftops of selected HDB flats in Ang Mo Kio. Solar PV panels generated electricity for the flats, while Narada’s REXC lead-carbon battery served as a backup power source that supplied power and regulated electricity conversion and flow to the grid.
According to Narada’s director, Mr. Peter Ng, this joint-venture allowed the companyto access I2R’s solutions in advanced energy data analytics, complex system modelling and optimization technologies. I2R also helped to bring in partners like HDB and Singapore Power, providing test-bedding opportunities in actual scenarios.
The project has since sparked business opportunities for Narada locally and regionally, and provided a deployable solution that can be replicated in other Asian countries where stable utility grids are crucial to economic growth. ”
For full article details, click the link here.