The company, founded in Italy and maintaining its manufacturing and R&D operations in the Belpaese, specializes in hybrid storage solutions and microgrids
The tropical nation of Maldives, well know for its beaches, blue lagoons and extensive reefs, is getting more environment-friendly, and Italian company Electro Power Systems (EPS), specializing in hybrid storage solutions and microgrids, is playing a key role in the State’s projects focusing on energy sustainability.
Listed on the French-regulated market Euronext, with its headquarters in Paris, France, EPS was founded by Italians and keeps its main office in Milan and its manufacturing, engineering, research and development activities in Italy. EPS has commissioned in the Maldives two microgrids providing energy to approximately 2,300 people, for a combined installed power of 10.4 MW.
The technologies developed by EPS enable intermittent renewable sources to be transformed into stable power sources. In the Maldives, renewables coupled with the EPS storage system are enabling reduction in diesel consumption by 423,000 liters per year. “These data confirm the competitiveness of off-grid power generation”, commented Daniele Rosati, Vice President Engineering of EPS, “by using proprietary technology to ensure stability and master the intermittent nature of any renewable energy source”.
EPS hybrid energy storage solutions stabilize electrical grids heavily penetrated by renewable sources in developed countries; in emerging economies, EPS powers off-grid areas at a lower cost than fossil fuels without the need for any subsidy or incentive scheme. EPS has installed and commissioned 36 large-scale projects in 21 countries across Europe, Latin America, Africa and Asia, providing energy to over 160,000 customers every day.
Eps, from Sardinia to Tasmania
The most recent projects include the commissioning of a new microgrid-connected energy storage system in Sardinia, Italy, where EPS realized in partnership with FZ Sonick (FIAMM) for ENAS, the entity managing the entire water supply of the region, a hybrid energy storage system connected to the Ottana Experimental Solar Farm.
The microgrid was developed in collaboration with the University of Cagliari and Sardegna Ricerche and has a total installed capacity of 1.2 MW. EPS has also recently announced the commissioning of a new microgrid-connected system in Flinders Island, northeast of Tasmania, where utility Hydro Tasmania, Australia’s largest producer of renewable energy, is developing the “Flinders Island Hybrid Energy Hub” project that aims to increase the use of renewable energy on the island and dramatically reduce the use of fossil fuels, which so far have been the only electrical energy source on the island.