Italy-based solar technology developer NHOA Energy said this week that it has commissioned a 107 MWh battery storage project for a Taiwan Cement Corp. (TCC) cement plant in Yingde, southeastern China.
The battery storage project features 42 MW of waste-heat-recovery systems and uses 8 MWp of solar capacity. It is expected to store about 46 million MWh of electricity per year, resulting in significant cost savings of $2.91 million. The system will also serve as a backup energy source in the event of sudden blackouts.
NHOA Energy said the project falls within the Guangdong provincial government's energy storage development policy, making it eligible for expected subsidies.
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“NHOA Energy’s proprietary energy management system will optimize the generation and consumption profile of the industrial microgrid, while also supporting the regional grid towards its 100% green energy objectives,” said CEO Giuseppe Artizzu.
The National Energy Administration (NEA) says China's cumulative installed PV capacity reached 510 GW at the end of August.
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