August 25, 2016 8:50 AM ET

Electrical Equipment

Company Overview of Nidec ASI S.p.A.

Company Overview

Nidec ASI S.p.A. manufactures and supplies electronic power generation and industrial automation systems. It offers electric power and control systems, electric motors and generators, LV and MV drives, and power supply and power quality components. The company also provides low and medium voltage drives; excitation systems; medium voltage softstarters; power quality systems; electric motors and generators, including AC induction, synchronous, permanent magnet, explosion proof, and DC machines; and an integrated platform for automation control systems. In addition, it offers engineering, project management, commissioning and start up, energy efficiency assessments, long term maintenance agree...

Viale Sarca, 336

Milan, MI 20126

Italy

Founded in 1853

Phone:

39 02 64 451

Fax:

39 02 64 45 44 01

Key Executives for Nidec ASI S.p.A.

Chief Executive Officer
Age: 66
Compensation as of Fiscal Year 2016.

Nidec ASI S.p.A. Key Developments

Nidec ASI Wins Deal for Energy Storage Systems in the Japanese Market

Nidec ASI S.p.A. been awarded its first order for power conversion and energy storage systems in Japan by Advantec Co. Ltd. The systems are to be installed by Advantec in a photovoltaic (PV) power plant operated by a general electric utility in Japan. Supporting Advantec in its supply and installment of a solar power plant, Nidec ASI will provide four power conversion systems and Energy Storage System (ESS) containers for a total capacity of 6 MWh. The systems and ESS containers will be delivered in April 2017 and installed, by Advantec, in a 6 MWh photovoltaic (PV) power plant slated to commence operations in October the same year under a Japanese general electric utility.

Russian Electric Motors Places Order Worth EUR 125 Million with Nidec ASI for Design of New Plant in Russia and an Increase in Production in Italy

Russian Electric Motors (REM) placed order worth EUR 125 Million with Nidec ASI for the design of a new plant in Russia and an increase in production in Italy. The agreement consists of specific engineering solutions, which comply with international and Russian regulations, for the manufacture of motors with a capacity of up to 8 MW and which can work at temperatures as low as -60°C, using high efficiency product families. Also included is the design of a plant for local production in Chelyabinsk, at the foot of the Ural mountain range. Nidec ASI will also take care of the technical training for plant staff. Once completed, the plant will continue to supply the Russian domestic market.

Nidec ASI Receives Contract by STEAG for EUR 70 Million

Nidec ASI recently signed a contract worth over EUR 70 million with STEAG for the supply of a multi system of energy storage with a total capacity of 90 MW. This system, based on Nidec ASI energy conversion solutions, will use batteries supplied by LG Chem to store electrical energy, which the utility will use to ensure the stability of Germany's electricity network. Nidec ASI will take on the role of Main Contractor (EPC), responsible for the installation and commissioning of the plants. Every Nidec ASI system will provide six 15 MW systems, each containing 5 units of 3 MW. All systems consist of power converters, a transformer, batteries and the control system -- a key element for energy management -- which are mounted inside the container for easy transportation and installation in a 'plug and play' solution. For the project commissioned by STEAG, Nidec ASI will install the systems in North-Rhine-Westphalia and Saarland, two key regions of Germany.

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