NHOA is on track to achieve a targeted 10x growth in its business, but will require funds from its parent company to complete the task.

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

KULR Technology Group, a developer of battery safety and thermal management technologies, is buying 75MWh of batteries from a subsidiary of Taiwan Cement Corporation (TCC).

TCC has ordered additional 22MWh of battery storage from NHOA, the energy storage and electric mobility company it acquired from ENGIE.

Taiwan’s renewable energy goals will only be made possible with the deployment of energy storage, TCC chairman says.

Global energy storage and electric vehicle (EV) technology group NHOA, formerly Engie EPS, doubled its energy storage revenues in 2021 and says it has a €764m pipeline for the segment.

New HOrizons Ahead (NHOA) secured more than 600MWh of contracted battery storage projects in October, including a new 420MWh order from its majority shareholder TCC in Taiwan.

A 200MWh battery energy storage system (BESS) project in Australia has been awarded to New HOrizons Ahead (NHOA), the rebranded energy storage and e-mobility solutions company formerly known as Engie EPS.

New HOrizons Ahead (NHOA), the e-mobility and energy storage company formerly known as Engie EPS, has set itself targets to install 1.7GWh of energy storage by 2025 as part of a new strategic ‘Masterplan’.