Shenzhen/Berlin, June 13, 2022 – The market analysts of EUPD expect 200,000 residential storage systems to be installed in 2022. On the supplier side the analysts see BYD Battery-Box as the leading brand with the highest market share. BYD Co. Ltd., one of the world’s largest manufacturers of rechargeable batteries, is delighted by the strong market acceptance in Germany and around the world, which is a testament to the solutions capabilities, high efficiency and reliability. The company has proven itself for delivering particularly safe and reliable battery systems. The patented modular design and plug-and-play installation is another reason making the solution popular among installers.
With an expected installed pv capacity of 2.5 GW in the size class up to 20 kWp for 2022 and155,000 residential storage systems installed in 2021, reported by EUPD’s market analysis, the German market is one of the leading markets for residential energy storage systems. The market analysis shows that BYD holds the largest market share with its Battery-Box solution series both in number of installed systems as well as with regards to installed capacity.
Successful track record
To date BYD has more than 250,000 Battery-Box systems installed globally. In the seven years since the launch of the first Battery-Box system, that product series has not only won several awards for its high efficiency(i), it has also proven itself to be one of the safest systems on the market – without a single fire or safety incident being recorded.
“We have been concentrating on our core expertise and longstanding experience «The Battery» from the beginning”, explains Julia Chen, Global Director, BYD Battery-Box. “This provides two major advantages. On the one hand we own and control the whole production process – from raw material sourcing to the final product. This way we can ensure the quality and highest security standards for the systems. On the other hand, the focus on the battery and the open system allows installers and end-customers the highest possible flexibility when it comes to the combination with the best suited and most efficient system combination with quality inverters.”
The advantages of an extremely flexible and adaptable design of a modular storage system are apparent: installers don’t need to familiarize themselves with multiple solutions, safe time and investments with regards to trainings and certifications, and can address a wide variety of customer demands with one system series.
The patented system for an easy and trouble-free installation together with the high efficiency and safety secured the top ranking for the Battery-Box series in as installer top system choice in 2021(ii).
To meet the growing demand, BYD has expanded its production capacity for lithium cells and had doubled the production lines for the Battery-Box modules. Following a delivery of 100,000 system to Europe in 2021 the company expects to deliver another 250,000 systems to the European market in 2022.
“We think the continuously growing market share is a strong testament to the quality of our systems,” said Julia Chen. “Key factors that made the Battery-Box the most popular system and Germany and other countries include the system flexibility with for numerous application scenarios and a very scalable seize, the easy installation, efficiency and the high safety and reliability. Another important element is the excellent cooperation with our valued partners in the region. This success would not have been possible without their outstanding support.”
- News
- Press Releases
- Solar
More from across PES
Chemitek Solar’s Solar Wash Protect and Water Softening Agent are the World’s first products proven safe to use on Floating PV
Chemitek Solar, a leader in biodegradable and environmentally friendly cleaning and protection solutions for the solar industry, is pleased to announce the results of its ecotoxicity study on its Solar Wash Protect (SWP) and Water Softening Agent (WSA) products for use in the cleaning of Floating PV (FPV). This new report, conducted by the Portuguese… Read more »
ABB manufacturing site in Santa Palomba reducing carbon emissions by 675 tons a year
Italian production facility adopts Net Zero blueprint Achieved with renewable energy, innovative smart grid and photovoltaic panels Building management system monitors and controls energy consumption for ultimate efficiency The Italian production site for ABB residual current devices (RCDs) and energy meters in Santa Palomba is reducing its CO2 emissions by 675 tons a year. In addition to its… Read more »
450 Wp glass-glass modules: Solarwatt sets new TOPCon standard
24th April 2024, Dresden, Germany – Maximum output, sustainable and fair: with a new generation of solar modules, Solarwatt is once again emphasising its role as a trendsetter for pioneering product innovations in the solar industry. The Dresden-based company is now offering solar modules with the highly efficient TOPCon cell technology with an output of… Read more »
LONGi introduces Tera silicon wafers for TOPCon, heterojunction and back-contact cells
Frankfurt am Main, 24th April 2024 – LONGi recently presented its newly developed Tera silicon wafers which are suitable for the currently prevailing solar technologies such as TOPCon, heterojunction (HJT) and back contact cells (BC). They show an efficiency increase of approx. 0.1% for the cell technologies mentioned. The new wafers are the result of… Read more »
Port of Newcastle looking to become floating wind hub
The Port of Newcastle has revealed its intention to become an offshore wind hub and to service floating wind turbine projects in the Hunter offshore wind zone. The Australian port is owned by Macquarie’s Infrastructure Fund and China Merchants Port Holdings Company. It is located adjacent to the 1,854 sq km Hunter offshore wind zone. It… Read more »
Octopus invests in floating foundations firm
Octopus Energy’s generation arm has invested in Ocergy, which aims to make floating offshore wind farms across the world become cheaper and faster to build. Ocergy has an innovative approach to designing and manufacturing floating foundations, drastically reducing the time and cost of building them, according to Octopus. Headquartered in the US and has operations… Read more »
CBED installs permanent gangway on Wind Creation and signs contract for new project
Fluke takes major step forward as a leader in solar solutions with the new Fluke Solmetric PVA-1500HE2 PV Analyzer
“Made in Germany”: WAB e.V. together with innovative companies at the IPF24 in New Orleans, USA
CSO Marine Group partners with Crew Training Solutions to offer discounted seafarer courses
Online Magazine Reader
- Solar/PV
- Wind
- China