Fluence bags second BESS order in Taiwan, 10x size of first

• International system integrator Fluence has actually been awarded a 60MW/96MWh battery energy storage space system (BESS) order in Taiwan for state-owned utility Taipower, its second in the country.

Fluence as well as regional company TECO Group will provide a 60MW BESS to Taiwan Power Company's (Taipower) Taoyuan Longtan substation in the north of the country, among 29 it runs country wide. Fluence claimed the substation functions as an essential node of the 345KV power grid in Taiwan.

The BESS is a 1.6 hour-duration project which will certainly total investment of over NT$ 2.6 billion (US$ 89 million), Fluence stated. It comes 5 months after the US-listed company revealed its first BESS project in the country, a smaller sized 6MW system for independent power producer (IPP) IPA Energy which will certainly likewise be on Taipower's network.

Taipower plans to have 160MW of energy storage on its network according to journalism launch yet might obtain a total of over 500MW of storage space over the next 4 years for brand-new ancillary services. Among these, Automatic Frequency Control (AFC), is the primary income stream for energy storage space projects in the country.

Other system integrators have capitalised on this and also got in the Taiwanese market through 2021. Powin Energy introduced a project in July, in August Wärtsilä entered the market and in October New HOrizons Ahead (NHOA) joined them.

The country aims to get 20% of its energy from renewable resources by 2025.

Fluence companions with cQuant.io

The system integrator has also revealed another addition to its Fluence IQ Digital Platform, a community of in-house and third-party software for optimising and developing storage and also power assets.

It has actually entered intro a strategic partnership with cQuant.io, explaining it as a leader in energy analytics. According to its website, cQuant's solutions comprise a market simulation collection, renewables & storage, portfolio & threat management, asset value & management, trade analysis and analytic consulting services.

The two companies will certainly will jointly incorporate, market as well as supply their market procedures solutions, journalism launch claimed.

It is the most recent in a collection of collaborations with or procurements of software companies that Fluence has actually announced. Software is an expanding portion of BESS remedy providers' value proposition across the field as expanding releases of renewables drive market volatility calling for extra sophisticated management of assets to capitalise on this.

In mature markets, storage space assets are also relocating far from being simply ancillary company to actively trading energy, which again requires extra sophisticated planning and management.

Last month, the company acquired Zurich-based Nispera which offers artificial intelligence (AI) as well as equipment learning-enabled (ML) software-as-a-service (SaaS) for renewable resource assets with 8GW under management.

In February, it partnered with Pexapark, a comparable attire giving market intelligence about renewable resource power acquisition agreements (PPAs) and energy portfolio risk management optimisation services.