Eelpower announces £500 million,1 GW storage plan for the UK
Eelpower Limited has acquired a 20 MW battery storage scheme from Anesco in the U.K. Overall, it plans to invest £500 million in delivering 1 GW of storage capacity by 2022.
BYD’s PV and battery divisions register 18% revenue increase to buck trend of wider profit fall
The Chinese technology firm, which has become a leading player in China’s electric vehicle industry, has warned that subsidy cuts for new-energy vehicles could further drag down its profits. Solar and stationary battery business performing well, however.
China storage market growing, but electric vehicles still dominate battery demand, says AECEA
Chinese shipments of lithium-ion batteries could jump by 40% year on year in 2017, but demand from the country’s burgeoning electric-vehicle market continues to overshadow the deployment of stationary energy storage systems (ESS), according to a recent report.
BYD scores 180 MW order in Brazil
BYD has agreed to supply 180 MW of PV modules to Spanish developer Cobra for use in the Guaimbe project in the Brazilian state of Sao Paulo.
China’s BYD to open PV R&D facility in Brazil
The facility at the Universidade Estadual de Campinas to become BYD’s first overseas R&D facility for PV, and will be set up with initial $1.5m in funding. Subsequent financial support will be based as a percentage of firm’s domestic net sales.
BYD inaugurates $47m solar panel factory in Brazil
The fab in the southeastern city of Campinas will boast a 200 MW production capacity once fully operational and will make BYD’s glass-glass modules.
BYD plans 200 MW PV project in MENA
BYD has announced plans for major expansion in the Middle East region, including the construction of a 200 MW PV power plant. The project is expected to feature a storage application and aims to raise the company’s profile in the region.
