Indutecc chooses Nilar for smart energy storage solutions
Nilar International AB announces a new cooperation with Indutecc Renewable Solutions, part of the Dutch industrial group Schuurman Group. The cooperation is a long-term agreement and involves the development of smart energy storage solutions for larger industries and commercial properties. For Nilar, the agreement entails that the company can offer competitive and smart energy storage solutions to all prioritized market segments together with selected partners.
Indutecc Renewable Solutions is part of the 100-year-old Dutch corporate concern Schuurman Group and specializes within technology and advisory for solar energy installations and energy storage systems. The company delivers complete solutions with high quality, and are responsible for the entire value chain from project management to operation. Indutecc's energy storage systems, with a capacity of 50-500 kWh, can also be integrated with solar energy to seamlessly optimize energy management in industrial and commercial properties.
- Currently, Nilar is seeing a very positive development. We have initiated several new collaborations, launched a new battery, and gradually increased the production rate. Indutecc will be an important long-term partner, and Nilar's batteries will be integrated into a high-quality solution targeting broader market segments, says Erik Oldmark, CEO at Nilar International AB.
Initially, Indutecc and Nilar will establish a development project to test and integrate the battery into Indutecc's own energy storage solutions. In addition, Indutecc acquires a number of energy systems from Enequi, which is already using Nilar's batteries, with the aim of selling around thirty of these solutions during 2023.
Next year, Indutecc plans to start selling their own system solution where Nilar's batteries are fully integrated. In the letter of intent, Indutecc also intends to purchase additional batteries from Nilar in the future, and continue a joint development of new products with greater storage capacity, aimed at a global market.
- The demand for energy storage is increasing rapidly, not least as a result of high energy prices and limited capacity in the grids. Nilar's batteries provides a unique technology with several advantages in terms of safety, sustainability, and performance. By integrating Nilar's batteries into our overall solutions, we can offer better solutions to our customers, says Rino van Deventer, CEO at Schuurman Group.
The agreement marks Nilar's third integrated partner. Together with Enequi and Mc Energy, Nilar offers energy storage solutions to several prioritized market segments - from large industrial users to private homeowners.
The collaboration is also an important step in Nilar's strategic plan going forward. Carefully selected partners build advanced software and management systems, where Nilar's safe and sustainable batteries are integrated into an overall solution, adapted to the specific demands of each client.
For further information, please contact:
Erik Oldmark, CEO
+46 70 432 4444
erik.oldmark@nilar.com
Press contact:
Matilda Ekman Vråmo
+46 72-213 01 28
matilda.ekman.vramo@nilar.com
About Nilar:
Swedish-based Nilar International AB develops and manufactures batteries that are part of stationary energy storage systems. With better energy storage, society can support the increasingly stressed electricity grid by bridging imbalances between energy production and demand, especially important as the share of renewable energy sources increases. Nilar's battery technology is based on nickel metal hydride (NiMH) electrochemistry with a water-based electrolyte, which provides both higher safety and better performance while allowing the components to be recycled and reused. Nilar has its headquarters in Täby and since 2012 all batteries have been developed and produced in the production facility in Gävle, which is powered by 100% renewable energy.
The Nilar share is listed on the Nasdaq First North Premier Growth Market under the ticker NILAR. FNCA Sweden is Certified Adviser 08-528 00 399. For more information see www.nilar.com.
This information is information that Nilar International AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-02-15 14:15 CET.