The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

BYD readies residential storage launch in the US

BYD’s B-BOX system dsiplayed at SPI. Credit: BYD

China-based technology giant BYD has installed the first of its residential high-voltage B-Box energy storage systems in Germany and is aiming to launch the system into the US later this year.

The German installation included nine modules with a combined capacity of 11.52kWh. Utilising its modular design, the storage system can have up to five systems connected in parallel in one location.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The firm will target east and west coast states inthe US, as well as Hawaii, where electricity prices are high, and grid constraints make storage applications attractive. The firm launched the B-Box in the UK 12 months ago.

In July, BYD also announced a tie-up with the inverter manufacturing division of Kostal, where the former’s latest high voltage energy storage systems would be paired with the latter’s PIKO brand inverters.

The company claimed to have a 25% market share in energy storage in the US.

BYD bags 170MW solar module supply deal

BYD has also won its largest ever solar module supply contract for 170MW of NextEra Energy solar projects in the US.

Tom Zhao, managing director, BYD Solar Division, said that the firm's reputation from commissioning a 60MWh integrated PV and energy storage project in the UK had helped it break into the US market. He also noted that BYD is exploring opportunities in wind power.

Zhao added that BYD is in discussions with several international companies about introducing EV-charging infrastructure and other clean energy solutions. Indeed, this week the company also signed an agreement with the United Nations Environment Programme (UNEP) to promote electric mobility.

Email Newsletter