TCC Group Holdings, the majority owner of New HOrizons Ahead (NHOA), intends to increase its holding and take the company private, delisting it from the Euronext Paris exchange.  

EV and energy storage technology firm NHOA has commissioned a 120MWh BESS in Taiwan for parent company Taiwan Cement Group (TCC).

Italy-headquartered energy storage solutions provider NHOA Energy grew revenues 33% in 2023 despite a 20% industry-wide drop in prices, it said in its full-year results.

NHOA has been selected to deliver a large-scale battery energy storage system (BESS) which will play into Italy’s capacity market.

Energy storage and EV infrastructure solutions firm NHOA has commissioned a 31MWh battery energy storage system (BESS) in Peru for multinational utility and IPP Engie.

NHOA Energy’s EBITDA for H1 2023 dropped by 38.8% year-on-year to €1.11 million (US$1.23 million) but the company expected the EBITDA for 2023 to reach up to €10 million.

Developer Eku Energy, backed by global investor Macquarie, and system integrator NHOA will start building two battery energy storage system (BESS) projects totalling 130MWh.

NHOA’s energy storage business accounted for the vast majority of the company’s €165.7 million reported revenues in 2022.

Managing your battery energy storage system (BESS) supply chain is a complex issue with no easy fixes, according to leading developers, system integrators and investors.

Energy storage and electric mobility solutions provider NHOA increased revenues from energy storage tenfold year-on-year from 2021 to 2022.