20 MW energy storage system improves regional grid reliability and energy control

Charlotte, February 13,2017-Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, today announced that it has reached the final completion milestone for the AES Gener Cochrane energy storage project in Mejillones, Antofagasta Region, Chile. This 20 megawatt (MW) energy storage project will provide spinning reserve and grid reliability services for the Norte Grande Interconnected System (Sistema Interconectado del Norte Grande or SING), one of Chile's four separate electricity systems, which primarily supports mining operations in the northern region of the country. In addition to this project, Parker supplied the power conversion system for the AES Gener Los Andes 12 MW installation at the Norgener power station, which has been delivering improved grid reliability since 2009.

The new Cochrane project, consisting of ten 2.2 MVA outdoor-rated 890GT-B PCS and 2MW energy storage containers, was engineered and built at the Parker EGT division headquarters in Charlotte, North Carolina. Energy storage enables better integration of energy from both traditional and renewable energy sources such as solar and wind into the existing grid, and offers precise control of the energy supply to match demand, helping to improve grid stability and lower energy costs for consumers.

'We have a proven record of accomplishment in engineering and commissioning advanced battery energy storage systems around the world, and we look forward to meeting global demand for clean energy solutions for many years to come, ' said Jim Hoelscher, General Manager of Parker's Energy Grid Tie Division. 'Our power conversion systems are highly scalable and can be customized for many applications, making them ideal for use by AES, our longtime partner.'

Parker also offers an energy storage product that leverages cutting-edge controls and advanced cooling technologies, as well as systems-level expertise. Energy storage portfolio additions of climate-controlled Li-ion battery containers, system management software and the ability to provide full turn-key solutions is further contributing to Parker's growth in the market.

'Parker has delivered a battery energy storage system based on the vision that AES Energy Storage and AES Gener conceived and that will offer complementary spinning reserves and grid stability services to those of the adjacent Angamos battery storage system in operation since 2009 said Luis Knaak , Vice President of Engineering and Construction for AES Gener.'

With more than 10 years of experience in the energy storage market, and more than 40 years of experience in power electronics, Parker's Energy Grid Tie Division is a leading diversified solution provider, designing, manufacturing and servicing power conversion systems across the globe. To date, Parker has deployed more than 315 MW of power conversion systems, making them one of the largest PCS suppliers for battery energy storage solutions in the world.

For more information on Parker's energy storage products, visit the Parker Energy Grid Tie Division website at www.parker.com/egt.

About Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets. Learn more at www.parker.com or @parkerhannifin.

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Parker Hannifin Corporation published this content on 13 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 February 2017 17:37:27 UTC.