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
SolarDuck and RWE successfully install offshore floating solar pilot Merganser off Dutch coast
Merganser, a 0.5 MWp offshore floating solar pilot, has been successfully installed at the North Sea Farmers offshore test site in the Dutch North Sea Next steps include technical and environmental monitoring to further investigate the technology With the support of RWE, the Dutch-Norwegian company SolarDuck, has installed its offshore floating solar (OFPV) project,… Read more »
Chemitek Solar adds to its range of solar cleaning solutions with the new Metal Oxides Removal Agent
Chemitek Solar, a pioneering leader in sustainable cleaning and soiling mitigation solutions for the solar industry, proudly announces the launch of its new Metal Oxides Removal Agent, an innovative product designed to efficiently and safely remove metal oxides (e.g. rust) from photovoltaic modules and tiles. The Metal Oxides Removal Agent features a specialized biodegradable formula… Read more »
Ginlong (Solis) Celebrates New National Standard PCS Certification at SNEC 2024
Ningbo, China – 1 July, 2024 – Ginlong (Solis) Technologies, the world’s third-largest PV inverter manufacturer, proudly announced at the SNEC exhibition earlier this month that its 30kW inverter supported an offshore photovoltaic empirical project. This news follows the establishment of the Offshore Photovoltaic Verification Base, a joint venture between the National Solar Photovoltaic Quality… Read more »
First offshore pilot project for large-scale oyster reef restoration in Belgian North Sea
· BELREEFS is the first offshore project for large-scale oyster reef restoration in the Belgian North Sea. · Innovative techniques will facilitate the introduction of a self-sustaining oyster reef. · The project relies on a unique collaboration between government, industry and science. Before 1850, flat oyster reefs were a dominant structural and ecological component of… Read more »
TE Connectivity’s ALR 11000 digital photocell with dimming capability helps significantly reduce electricity costs for street lighting
Zhaga D4i-certified ALR digital photocells from TE help lower power consumption and reduce CO2 emissions BERWYN, Pennsylvania – July 3, 2024 – TE Connectivity, a world leader in connectors and sensors, launches the Zhaga-D4i certified ALR 11000 digital dimming photocell. TE’s latest photocell controls the on/off switching of a streetlight, and also has the ability… Read more »
DNV’S LUCY CRAIG APPOINTED AS BOARD MEMBER FOR WINDEUROPE
Zaragoza, Spain, 02 July 2024 : DNV, the independent energy expert and assurance provider, is proud to announce that Lucy Craig, Senior Vice President and Director of Growth, Innovation and Digitalization, Energy Systems, has been elected as a board member for WindEurope, the voice of the wind industry in Europe. With over 500 members from… Read more »
Sineng Electric Supplies 1,016MW of Inverters to the Al Kahfah PV Project in Saudi Arabia
Enviromena secures £30m funding from Close Brothers Energy for construction of 70MW solar farm in Essex
DNV CONDUCTS POWER CURVE VERIFICATION AT BAY OF ST. BRIEUC OFFSHORE WIND FARM USING ADVANCED NACELLE LIDAR TECHNOLOGY
Ciel & Terre EMEA has begun the European largest floating solar project’s installation
Solar and wind are increasingly competitive in wholesale power markets, offer a hedge against the uncertain cost of other generation sources
Online Magazine Reader
- Solar/PV
- Wind
- China