Melbourne, 3 April 2007
Siemens Power Transmission and Distribution (PTD) has signed a multi-year distribution deal with Australian company, Powercorp, to distribute its new power quality solution, PowerStore.
Developed and manufactured entirely in Australia by Northern Territory innovators, the PowerStore solution is the first technology of its kind in the world. Designed to absorb and source energy at exceptionally high speed, the product works to smooth all generation fluctuations to maintain utility-quality electrical supply.
Siemens Executive General Manager Power Transmission and Distribution, Steve Robinson, said the new product is a breakthrough for the wind generation and mining industries.
“PowerStore is a true power quality device and the first commercial solution on the market capable of large output. It will complement PTD’s turnkey offering in the wind generation, power utilities, industrial and mining industries,” Mr Robinson said.
“We are delighted to be partnering with Powercorp in the distribution of such revolutionary technology. At the same time, Powercorp will be well positioned through this deal to draw upon Siemens’ worldwide market reach, technical expertise and established presence within the power transmission, distribution, and generation industries.”
PowerStore addresses the problem of power fluctuation in grids which is common and most acute in soft grids such as remote area isolated networks, mine site electrical distribution and community power supply. The problem also exists in large networks at the end of long distribution lines, at the interconnection point of wind farms and other critical nodes.
PowerStore is presently installed at several international wind / diesel generation sites and local mining sites within Australia.
Powercorp Managing Director, Alan Langworthy, said the PowerStore solution uses the most innovative technology available in the world to solve a real problem in the mining and wind power sectors.
“We are proud to say PowerStore was developed and built on-site in the Northern Territory by innovative local engineers. And now, with our partnership with Siemens, we can take this local technology to the world,” Mr Langworthy said.
Darwin’s Chief Minister Clare Martin welcomed the partnership between global company Siemens and local business Powercorp.
“This is a great achievement for Powercorp – a successful local company which is now gaining worldwide attention. Powercorp is working at the cutting edge of power technology and its innovative work is impressive,” Ms Martin said.
The partnership with Powercorp further strengthens Siemens’ involvement in local power industry. Delta Electrics, a Darwin based power equipment specialist, exclusively sells Siemens energy automation and protection products, substation control equipment, high voltage and medium voltage switchgear, and transformers into the Northern Territory market.