Fluence Energy, Rich Electric To Deploy 100 MW BESS In Taiwan

Jul 5, 2022 04:54 PM ET
  • With a target completion of mid-2023, the project will be the first 100 MW level system in Taiwan, as well as is expected to be one of Fluence's biggest AFC projects in the country.
  • In Taiwan, Taipower has actually announced a target of 1,000 MW storage capacity by 2025, while Bureau of Energy, Ministry of Economic Affairs is planning 500 MW storage space capacity via ground mounted PV systems.

Fluence Energy has revealed a critical partnership with Rich Electric, a Taiwanese battery-based energy storage systems player, where the two business will deploy a 100 MW battery-based energy storage system in Hualien to support Taipower's automatic frequency control (AFC) services.

Fluence Energy is a leading worldwide provider of energy storage space products and services, and digital applications for renewables as well as storage.

The timeline for the completion of the target is mid-2023. This will certainly be the very first 100 MW-level system in Taiwan and also is set to be one of Fluence's largest AFC projects in the country.

Jan Teichmann, SVP & President for APAC, Fluence, claimed "Taiwan has actually turned into one of one of the most active energy storage markets in the Asia Pacific area. The growth momentum of the energy ecological community is driven by a clear target and also goals for renewable energy and net no exhaust set by the local government. Through this collaboration with Rich Electric, we look forward to building an extra resilient clever grid in Taiwan as well as increasing the local energy shift."

Taiwan remains in the procedure of deploying energy storage systems to boost the versatility of power send off as well as avoid persisting power blackouts. Taipower's AFC services contributes dramatically to the stabilization of the Taiwanese power grid. In Taiwan, Taipower has said that it is targeting 1,000 MW storage space capacity by 2025. The Bureau of Energy, Ministry of Economic Affairs has actually established its sights on attaining 500 MW storage capacity via ground mounted PV systems.

Eric Chen, Chairman, Rich Electric, stated "Energy storage space systems are important to the release of grid-connected renewable energy systems." He added that Rich Electric is dedicated to producing grid-level energy storage and distribution solutions to offer a stable power supply.

In April 2022, Fluence was granted the Taoyuan Longtan ultra-high voltage substation project. With a financial investment of over TWD 2.6 billion and a capacity of 60 MW, this is proclaimed to be the biggest energy storage space project in the Taiwanese public market as it will account for 37.5 percent of Taipower's overall storage space capacity. Fluence has thus far internationally deployed or gotten over 4.8 GW of energy storage systems.

Taiwan is favorable about renewable resource enhancements consisting of energy storage systems in the nation. According to International Trade Administration (ITA), Taiwan is seeking to design a 590 MW of battery-based energy storage space by the mid-decade. As per the state strategies, storage centers of 160 MW will certainly be managed as well as procured by Taiwan Power Business. The economic sector will certainly develop 430 MW as well as run it individually.

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