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.
New HOrizons Ahead (NHOA) has completed work on a large-scale battery energy storage system (BESS) in Taiwan, designed specifically for a new ancillary service opportunity.
Vanadium redox flow battery (VRFB) firm Invinity Energy Systems has secured a 15MWh order from industrial technology company Everdura in Taiwan, its largest to date.