BYD and the State Grid Corporation of China completed construction on a large battery energy storage station, comprising 100MW of wind, 40MW of solar, 36MWh of energy storage, and a smart power transmission system.
January 3, 2012 – BUSINESS WIRE — BYD and the State Grid Corporation of China (SGCC) completed construction on a large battery energy storage station, which the companies believe could be the largest in the world in terms of battery system.
The utility-scale project, located in Zhangbei, Hebei Province, China, combines 140MW of renewable energy generation (100MW of wind, 40MW of solar), 36MWh of energy storage, and a smart power transmission system. The first phase investment is worth over $500M USD (RMB~3.3 billion). The aim is to demonstrate renewable energy integration onto the grid at an unprecedented scale.
BYD’s role in the project is primarily providing iron-phosphate batteries, in arrays larger than football fields. The project also uses peak shaving & load leveling charge and discharge methodologies developed by BYD. BYD?s iron-phosphate battery technology offers over 20 years service life. BYD is also a solar panel manufacturer.
This new project with the State Grid, independently designed by SGCC, is part of the national Golden Sun program in China.
BYD’s battery energy storage system provides a solution for the realization of energy storage in the smart grid that improves renewable energy efficiency by 5%-10%.
BYD makes advanced, environmentally friendly battery technologies like the BYD’s iron phosphate battery used in BYD electric vehicles and electric busses. BYD?s solar panels and LED Lighting systems have CEC, TUV/CE and UL listings, and the company enjoys rapid growth in consumer electronics space and electrified transportation sector manufacturing under its BYD brand. The Company trades on the Hong Kong Exchange (HKE) under the ticker numbers (SEHK:0285) for BYD Electronics and (SEHK:1211) for BYD Company Ltd., as well as on the Shenzhen Stock Exchange under the ticker number (SHZ:002594) for BYD Company Ltd. For more information, visit www.byd.com.
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