BYD takes its fully sustainable power solutions to SPI
The company’s comprehensive renewable power proposition was first launched at the 2016 Intersolar Europe in MunichthisJune.Visitors to SPI this year will see two types of BYD solar modules: the Multiple Busbar (MBB) and 4 Busbar modules with 60 or 72 cells; and the BYD B-BOX system, the company’s energy storage solution. The fast growth of renewable energy production in the U.S. is bringing very promising prospects for BYD to firm its renewable energy platform in the country with its cutting-edge solutions in solar power generation and storage. BYD currently detains more than 60% market share for frequency regulation energy storage in the US.
BYD’s“Fully Sustainable Power Solutions”aims at breakingthrough the traditional bottleneck of photovoltaic power generation, so that PV projects meet more diverse market needs and create new growth potentialin the renewableenergy industry.The global PV industry has beendeveloping rapidlyin recent years, but there is no dearth of challenges in production capacity and reliability, as well as in market trends and public policies. In terms of power production,BYD’s “Fully Sustainable Power Solutions” propose that the energy generated through PV goes first into energy storage equipmentin order to curb instabilities in energy flow and improve distribution. This proposition represents a breakthrough forpower plant owners to be able to provide a more diverse business model.
The idea of combining PV generation with energy storage is not new, but what grants BYD an edge is that not only is the company the world's largest Iron-Phosphatebattery manufacturer, it is also the only company to make both photovoltaic and energy storage products. Such combination has enabled BYD to acquire extensive experience to analyze the industry and amass vast technical and market knowledge, additionally to developing solid relationships with leading renewable energy project developers andfinancial and investment institutions both in China and abroad.
The company has cooperated with the world’s top renewable energy producers in countless successful projects. Excellent products, advanced technology and a wealth of resources grant BYD’s “Fully Sustainable Power Solutions” a powerful guarantee.