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
SeaTwirl enters into a MoU with Sumitomo Corporation Power & Mobility Co.,Ltd. for the Japan market
The Energy-tech company SeaTwirl announces today on March 28th, that an MoU (Memorandum of Understanding) has been signed between SeaTwirl AB and Sumitomo Corporation Power & Mobility Co.,Ltd. (“SCPM”) with the intentions to promote SeaTwirl`s vertical-axis offshore floating wind turbine (“Product”) in Japan. Following a thorough process, where SeaTwirl has been working to select… Read more »
Crane replacements to support next-generation offshore wind turbine installations
When it comes to wind turbines, the bigger they are, the harder they work, generating more renewable offshore wind energy, and a greater return on investment for developers. As a result, next-gen turbines are growing, and their components are getting larger and heavier. To meet the enhanced installation and maintenance requirements of their components, the… Read more »
Solis Awarded EUPD “Top PV Inverter Brand – Netherlands” Seal at Solar Solutions
20 March, 2024, Amsterdam, Netherlands: Ginlong (Solis) Technologies, one of the most experienced and largest inverter manufacturers in the world, is delighted to announce that it has been awarded the prestigious seal of recognition for ‘Top PV Inverter Brand’ in the Netherlands by global market research organisation, EUPD. The award marks the 9th consecutive year that Solis… Read more »
Natural Power supports DIF Capital Partners’ sale of UK onshore wind farm
Leading renewable energy consultancy and service provider, Natural Power, has acted as vendor’s technical advisor on behalf of DIF Capital Partners to support the sale of the 13-turbine, 26MW, Wadlow Wind Farm in Cambridgeshire, England. Closing of the transaction is subject to customary conditions and approvals and is expected to take place in Q2 2024…. Read more »
Full clarity and route forward for all Strategic Investment Model (SIM) projects
Since February 2024, the Strategic Investment Model Working Group has been working to ensure that the 38 projects which reached the end of Stage 1 continue to move forward. On the 19th February 2023, the Strategic Investment Model Working Group published the list of 38 projects that had successfully completed Stage 1 (excluding the 6 requesting… Read more »
SIMPLY BLUE GROUP DIVERSIFIES TO DEVELOP SUSTAINABLE FUELS PROJECTS
New sustainable fuels projects in Canada, Europe and Australia have potential to deliver over 300,000 tonnes of SAF annually. Cork, Ireland, 27 March 2024 – Simply Blue Group, a leading global offshore wind project developer, is developing onshore renewable energy parks to power facilities capable of producing sustainable aviation fuel (SAF). The projects, in Canada, Ireland and Australia… Read more »
GCL SI combines high-performance solar solutions with environmental integration.
Aerones Launches Autonomous Drone Inspection Service for Wind Turbine Blades
Rovco expands offshore wind and decommissioning capabilities with new specialist vessel
Online Magazine Reader
- Solar/PV
- Wind
- China