Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

ACME aims to install 110 MWh of Lithium Ion batteries in India, Africa in telecom, other sectors

ACME, a leader in energy management and innovative solutions for alternate energy sector is planning to install 110 MWh of Lithium Ion batteries in India & Africa in telecom, solar power, defence sectors and other allied industries in India and the Africa.

Fort this ACME has tied up with South Korean energy storage system giant Samsung SDI, part of the Samsung, to manufacture and marketing of lithium ion batteries.

As per the agreement, ACME will be the Sole Partners of Samsung SDI in India and Africa markets, has the exclusive right to use Samsung SDI’s technology and will aim sale of upto 110 MWh of lithium ion batteries by FY 2016in the above two regions.

As per an estimate by Frost & Sullivan, the global market for Li-Ion segment was around $11.7 bn in year 2012 with 64% share of consumer batteries i.e. mobile phone, cameras, laptop, tablet PC and power tools, etc. This is expected to grow to double by 2016 and “the share of consumer batteries in the overall segment to be reduced to 52% and industhttp://www.telecomtiger.com/Technology_fullstory.aspx?passfrom=topstory&storyid=19189&section=S210rial usage to grow multifold”>trelecomtiger.com
More

Share

Leave a Reply