BYD Sets Sight On Australia

BYD sees Australia, with its abundant rays of sunshine, as the next big market for energy storage.

Focusing on residential storage, the Chinese company will be marketing its home energy storage system called the DESS and other products with an Australian company Fe Batteries. As feed-in tariffs decrease in Australia, more homes with solar PV will require storage, which BYD provides.

BYD is one of the fastest growing automotive and green tech companies in China, with Warren Buffett owning 10 percent of their shares.

Source and Read More

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

BYD, Residential Storage, solar storage

Dufresne (doo - frayn) Research specialises in creating high quality market driven conferences and training. The company focuses on stationary Energy Storage across all applications from Residential, Self - Consumption and Microgrid through to large scale stationary storage. We are Europe's first conference dedicated solely to energy storage since 2010. All of our Forum's culminate with the unique Building the Action Plan feature. Join us for this session and take back an action list to the workplace.

LATEST ARTICLES

Future energy predictions: Growth of flexibility and grid forming

It is well known that COVID-19 has caused low energy demand and the growth of renewable energy across Europe. Now, Andrew Tang, Vice President for Energy Storage at Wärtsilä, predicts this will result in swift action to build better grid resiliency. The share of renewable power across Europe has skyrocketed over the last six…

Annual Installed Capacity Significantly Increases

While the global market was under the haze of the epidemic and many countries were still in lockdown, the energy storage market showed extremely strong resilience and began to recover and grow since Q3 and Q4 of 2020. According to the BloombergNEF report, the global energy storage market in 2020 has developed faster than expected,…

The UK National Energy Grid – A Story of Islands, Trading, and Energy Storage

As first seen in Energy Global, grid software acts as a modern-day map, helping to chart and navigate today’s energy grids; software engineers are tasked with carefully delineating how each region’s energy markets operate. However, looking more closely at energy markets makes clear how unique each market is – each defined by different topography, resources,…