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to-the-point: Austria's Kreisel Electric unveils home energy storage system

MAVERO Presentation Berlin. Source: Kreisel Electric GmbH. License: All Rights Reserved.

July 4 (SeeNews) - Austrian battery maker Kreisel Electric GmbH has introduced a home energy storage system, becoming the latest company to make a move into the emerging market.

The product, called Mavero, is a wall-mounted electricity storage system for private and commercial application. It was presented in Berlin last month.

Using Li-ion technology, the system has a modular design and will be available in four sizes, from 8 kWh to 22 kWh, the company said in a press release today. The retail price should be below EUR 700 (USD 778) per kWh. Deliveries are scheduled to start in early 2017.

(EUR 1.0 = USD 1.112)

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Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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