Electric vehicle (EV) and energy storage technology firm NHOA has commissioned a 120MWh battery energy storage system (BESS) in Taiwan for parent company Taiwan Cement Corporation (TCC).
Commissioned by the group’s BESS arm NHOA Energy, the commercial operation of the ‘SuAo’ project in Yilan County brings the Italy-headquartered company’s operational capacity in Asia to 550MWh.
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The company said its projects in Taiwan provide both ancillary services like E-dReg (Enhanced Dynamic Regulation) as well as behind-the-meter peak shaving services.
It follows its commissioning of a 311MWh system in December, the largest in Taiwan, which was specifically designed for E-dReg as the firm said at the time. That was also for an industrial site of parent company TCC, which acquired a majority stake in NHOA from Italy utility Engie in 2021, with NHOA called Engie EPS prior to that.
TCC’s chairman Nelson Chang said in 2022 that Taiwan will need 90GW of energy storage by 2030 to integrate new renewable energy capacity. Other energy storage technology providers Fluence and Invinity are also active there.
The SuAo announcements just a few days after NHOA’s EV infrastructure division was awarded a grant by the European Union under the ‘CEF Transport – Alternative Fuels Infrastructure Facility (“AFIF”)’ programme, receiving €17.2 million (US$20 million) to deploy 700 chargepoints in Italy.
Each charging station will either come equipped with on-site BESS technology or be readily adaptable for it which would allow them to efficiently manage and optimise peak charging, the company said.
The energy storage division of NHOA accounts for the bulk of revenues and it grew the segment 33% last year despite a 20% drop in industry-wide prices for BESS, the firm said in February. It has 2GWh of BESS capacity either operational or under construction globally.
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