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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Saft Groupe    SAFT   FR0010208165

Delayed Quote. Delayed  - 07/27 02:51:09 pm
36.53 EUR   -0.03%
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SAFT : and Nedap cooperation brings effective storage and self-consumption to domestic solar energy systems

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06/13/2012 | 10:19am CEST
Saft and Nedap cooperation brings effective storage and self- consumption to domestic solar energy systems Munich, June 13, 2012 - Saft and Nedap are presenting the first commercially available system to result from their cooperation in photovoltaic (PV) energy storage at Intersolar 2012. The new system, shipping in August, combines Nedap's PowerRouter solar inverter with Saft's state-of-the- art Synerion® lithium-ion (Li-ion) battery modules.

The new system enables domestic users with on-grid PV systems to store surplus solar energy for later consumption, rather than feeding it into the grid. It enables solar energy to be used directly by connected domestic loads, and when output from the PV system is insufficient, the batteries are used to maintain continuity of supply. Only when the batteries are fully charged and no local energy is required will surplus energy be supplied to the grid - optimizing domestic self-consumption. When no solar energy is available and the batteries are at a low state of charge (SoC), energy demand is met by the grid.
Intersolar is expected to confirm the high level of market interest and the potential for several thousand such systems annually in Germany alone. Visitors to the Nedap booth (B5-270) will be able to see the complete system, comprising the PowerRouter and battery cabinet, while Saft's booth (B3-271) highlights the Synerion® modules. Both partners are prepared for this market to take off in the second half of the year.

Nedap's PowerRouter combines a solar inverter with battery management

Nedap's PowerRouter is a solar inverter with integrated battery manager in an efficient all-in-one easy to use solution. Its technology allows energy sources, storage media and loads to interchange energy and data within one product enabling the solar power produced by PV systems to be converted and routed in relation to energy supply and demand.

Saft's Synerion® modules are optimized for PV energy storage

The 48 V Li-ion battery system comprises two Synerion® 24M modules with battery management module (BMM) in a compact, stand-alone cabinet offering 4 kWh nominal capacity. It offers efficient, flexible, all-year-round energy storage to support the highly dynamic charge and discharge cycling profiles of renewable applications, together with a 20-year service life.
It provides vital operation and SoC information to the PowerRouter for optimum management, control and diagnosis. The compact battery cabinet can be located close to the PowerRouter, typically in a garage or basement. The complete system has undergone thorough functional and safety testing and meets the most stringent standards.
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N° 30-12

www.saftbatteries.com

About Nedap

Nedap is a manufacturer of intelligent technology solutions for today's challenges. Enough food for a growing population, clean drinking water around the entire world, and smart networks for sustainable energy are just some of the goals Nedap is working towards. It has a continual focus on technology that matters. The N.V. Nederlandsche Apparatenfabriek "Nedap" was founded in 1929, it has been listed on the stock exchange since

1947, and employs more than 680 staff worldwide.

For more information, visit Nedap at www.nedap.com

About Saft

Saft (Euronext: Saft) is a world leader in the design and manufacture of advanced technology batteries for

industry. The Group is the world's leading manufacturer of nickel batteries and primary lithium batteries for the industrial infrastructure and processes, transportation, civil and military electronics' markets. Saft is the world leader in space and defence batteries with its Li

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Financials (€)
Sales 2016 782 M
EBIT 2016 80,0 M
Net income 2016 52,0 M
Debt 2016 38,0 M
Yield 2016 2,54%
P/E ratio 2016 17,73
P/E ratio 2017 15,13
EV / Sales 2016 1,26x
EV / Sales 2017 1,17x
Capitalization 944 M
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Mean consensus HOLD
Number of Analysts 5
Average target price 36,6 €
Spread / Average Target 0,05%
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Ghislain Lescuyer Chairman-Management Board
Yann Duchesne Chairman-Supervisory Board
Michel Delville Chief Financial Officer
Kamen Nechev Chief Technology Officer
Jean-Marc Daillance Vice Chairman-Supervisory Board
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