Nilar and Kopp join to revolutionize the market for nickel-metal hydride energy storage solutions
Täby, October 7th 2021
Nilar International AB (“Nilar”) will through a successful cooperation with German-based Heinrich Kopp GmbH (Kopp) revolutionize the world market for energy storage, based on batteries with non-flammable electrolyte.
These first joint storage solutions for photovoltaic energy will be presented at the ees Europe in Munich this week and are immediately available from stock with the ambition to rapidly build bridges between sustainable energy supply and home automation.
With a unique cooperation, the Swedish innovation leader in the field of energy storage solutions, Nilar, and the expert for electrotechnical products and home automation solutions, Kopp, will revolutionize the market for smart, sustainable energy management – and will present their first joint product offer at the trade fair ees Europe in Munich. A highly innovative energy storage system based on nickel-metal hydride that combines the highest quality and best performance values with maximum safety.
Rapid expansion of the product portfolio
Kopp and Nilar are currently working on further innovative solutions. With its unique Nilar Hydride® battery, Nilar has the safest cell on the market and forms a high-quality, sustainably responsible, and powerful alternative on the market.
Erik Oldmark, acting CEO of Nilar, states “My goal is to strengthen Nilar’s position in the growing energy storage market and our expanding network does just that. This relationship with Kopp brings our technology into a full-service platform. This not only helps our battery to penetrate the market but, more importantly, this greatly benefits our customers.”
Stephan Dörrschuck, CEO of Kopp, comments "In the field of plug and switch ranges, personal protection switches, dimmers and presence detectors for the specialist and retail trade, we were already a leader, and now we are also leading the way in the German-speaking region in the field of energy management and home automation."
Zouhair Kefi, Director of the Energy & Home Automation division at Kopp, comments: "With the Nilar technology, we rely on the new gold standard for the future, offering our customers the most innovative and, above all, safest storage system on the market and completing our product range around smart energy management and home automation."
Nilar agrees that the future is bright with this new collaboration. According to Jan Lundquist, Head of Sales & Marketing at Nilar, “Pairing with Kopp brings us a step closer to meeting the market needs. We can now go beyond providing a great system by ensuring that the superior quality is maintained throughout its operation.”
First product presented at ees Europe
At ees Europe in Munich, Kopp and Nilar will present their first joint product offer to the public, an energy storage system for the residential market predominant in Germany with a usable capacity of 5.76 kWh and a 15-year warranty. The associated inverter comes from the joint cooperation partner Kostal, a German quality supplier based in Lüdenscheid.
About Nilar:
Nilar is a Swedish-based developer and manufacturer of batteries for stationary energy storage systems. Energy storage systems can be used to bridge imbalances between energy production and demand in order to, for example, improve the utilization of intermittent electricity production from renewable energy sources, such as solar energy and wind power, as well as to strengthen the increasingly strained power grids. Nilar's battery technology is based on nickel-metal hydride (NiMH) electrochemistry with a water-based electrolyte, which results in a strong environmental, safety, and longevity profile. The Company is headquartered in Täby and the energy-efficient production facility is, since 2012, located in Gävle, where the Company's research and development also takes place.
The Nilar share is listed at Nasdaq First North Premier Growth Market, ticker NILAR. FNCA Sweden is Certified Adviser +46 8 528 00 399. For more information go to www.nilar.com.
About Heinrich Kopp GmbH:
With more than 7,000 articles, Heinrich Kopp GmbH (Kahl am Main, Bavaria) is one of the leading German manufacturers of electrotechnical products and components for the specialized trade and retail. Kopp employs a total of 550 people, including 300 at its headquarters in Kahl. Quality is a top priority at Kopp, which is why the company has been voluntarily audited and certified according to DIN ISO 9001:2015 since 1993, has been a member of the Deutsche Gesellschaft für Qualität e. V. (German Society for Quality) for almost 50 years, and provides a 20-year warranty on switch ranges. Sustainability has also always been an important part of the company's philosophy.
More information about Kopp and its product range is also available at www.kopp.eu.
For further information, please contact:
Jan Lundquist
+46 76 769 50 67
jan.lundquist@nilar.com
Press contact:
Matilda Ekman Vråmo
+46 73 656 43 66
matilda.ekman.vramo@nilar.com
Nilar is a Swedish-based developer and manufacturer of batteries for stationary energy storage systems. Energy storage systems can be used to bridge imbalances between energy production and demand in order to, for example, improve the utilization of intermittent electricity production from renewable energy sources, such as solar energy and wind power, as well as to strengthen the increasingly strained power grids. Nilar's battery technology is based on nickel-metal-hydride (NiMH) electrochemistry with a water-based electrolyte, which results in a strong environmental, safety, and longevity profile. The Company is headquartered in Täby and the energy-efficient production facility is, since 2012, located in Gävle, where the Company's research and development also takes place.
The Nilar share is listed at Nasdaq First North Premier Growth Market, ticker NILAR. FNCA Sweden is Certified Adviser +46 8 528 00 399. For more information go to www.nilar.com.
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