PR85327

SEOUL, South Korea, Aug. 31, 2020 /PRNewswire=KYODO JBN/--

Kokam Co., Ltd, a subsidiary of SolarEdge and a provider of lithium-ion

batteries and integrated energy solutions, announced today the launch of a new

advanced and cost-effective battery system for Uninterruptible Power Systems

(UPS). Already active in the UPS battery market, Kokam is strengthening its

position with new advanced battery system that uses innovative cell technology

to increase the c-rate and energy density.

https://photos.prnasia.com/prnh/20200831/2903157-1 

The advanced battery system, having a high power output of 8 C-rate, is

designed to support mission-critical facilities, such as data centers, banks,

and semi-conductor factories, where providing a seamless switchover to full

power backup in the event of a power outage is crucial. The advanced battery

system has up to a 46% smaller footprint and is up to 20% lighter compared to

the conventional lead-acid battery system. With a simplistic and compact design

for convenient maintenance, the new system further decreases the already low

total cost of ownership, which is up to 40% less than conventional lead-acid

battery systems.

"With data center growth and grid instability, the UPS battery market is

experiencing considerable expansion. As a leading battery solution provider,

Kokam is well positioned to support this market acceleration through

technological innovation," stated Ike Hong, President of Kokam. "The launch of

our new advanced battery system for the UPS battery market is aimed to provide

a cost-effective and advanced solution to address the current grid stability challenges."

Kokam is already accepting pre-orders for its new UPS advanced battery system.

Kokam:

Kokam is a global market leader in manufacturing premium lithium-ion batteries

and advanced ESS solutions. Its patented cell manufacturing technology allows

Kokam to provide energy solutions of improved quality, performance, safety, and

reliability. Committed to solving energy storage challenges, Kokam develops

customized cell technology for the most demanding energy storage applications

and designs solutions that meet customers' various capacity requirements.

Today, Kokam's state-of-the-art battery solutions are deployed around the world

and in a wide-variety of industries, including, electric vehicles (EV), energy

storage systems (ESS), aerospace, marine and uninterrupted power supply (UPS).

Kokam is a subsidiary of SolarEdge, a NASDAQ traded company and global leader

in smart energy. Kokam is online at kokam.com.

SolarEdge:

SolarEdge is a global leader in smart energy technology. By leveraging

world-class engineering capabilities and with a relentless focus on innovation,

SolarEdge creates smart energy solutions that power our lives and drive future

progress. SolarEdge developed an intelligent inverter solution that changed the

way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge

DC optimized inverter seeks to maximize power generation while lowering the

cost of energy produced by the PV system. Continuing to advance smart energy,

SolarEdge addresses a broad range of energy market segments through its PV,

storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid

services solutions. SolarEdge is online at solaredge.com

Kokam

Jin S. Jung

General Manager

Business Development & Marketing

JinSuk.Jung@kokam.com

+82-31-362-0121

SolarEdge Technologies

Lily Salkin

Public and Media Relations Director

Lily.salkin@solaredge.com

SOURCE:Kokam

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   Caption: Kokam UPS Battery