2021_Autumn_Magazine

Page 50

#SmartEnergy21 1 2 – 1 3 M AY 2 0 2 1 ICC SYDNEY DARLING HARBOUR

FREE TO ATTEND!

smartenergyexpo.org.au

A LOOK AT SOME OF THE PARTNERS AND EXHIBITORS AT THIS YEAR’S SMART ENERGY SHOW

PYLONTECH MEETS BOOMING GLOBAL ENERGY STORAGE DEMAND WITH DEDICATED INNOVATIVE R&D ONE OF THE WORLD’S leading providers of Energy Storage System (ESS) solutions, Pylon Technologies has announced it is on track with the tight schedule of a 4GWh expansion within the three-year plan. It’s all hands to the wheel, according to Wen Tan, CEO of Pylontech who said “We took just three days off during the Chinese New Year holiday for both cell production and capacity expansion, it’s a departure from Chinese traditions but we are eager to serve our long-time customers with more resources.” He commented on the successful IPO in China’s Shanghai Stock Exchange STAR Market on 30 December 2020, as the first energy storage focused listing company Pylontech raised more than 2 billion RMB (US$301m) from public investors. Since 2013, Pylontech has developed a strategic blueprint for BESS (battery energy storage systems) in the global market. For example during recent years Pylontech has grown steadily with the advantage of vertically integrated LFP (lithium ferrophosphate battery) ESS solutions. Products cover the full range of voltage from 12V to 1500V and full capacity from 500Wh to more than 100MWh, meeting the demand for residential ESS, C&I ESS and grid tie services.

There is a saying that opportunity awaits those who are well prepared; which sheds light on Pylontech’s success. And opportunities abound. Market analysis reveals the global energy storage market is undergoing rapid development and in particular demand for lithium-ion battery energy storage is rising significantly. At the same time, supplies are falling short. Data indicates that in 2019, the global market demand for lithiumion batteries for communication base stations was 12.1GWh. By 2025, demand is expected to reach 60GWh.

Collaborative culture enhances operations and hastens transition to renewables “Over the past decade we had been redefining the electric power’s generation, storage and usage with our partners globally,” said Geoffrey Song VP of international business. “Continuous innovation and widespread collaboration are the only route to an efficient, sustainable and affordable new energy structure, we strongly believe in the carbon neutral commitments from global leaders and strive to contribute our passionate force in the movement.” Battery energy storage is poised to become one of the most critical components to any renewable energy project.

Information, views and technical details on this page supplied by Smart Energy Conference & Exhibition Partner

48 AUTUMN 2021


Turn static files into dynamic content formats.

Create a flipbook

Articles inside

Positive Quality

3min
pages 70-72

Smart Energy action

5min
pages 66-67

Smart energy innovation

11min
pages 56-61

Fronius launches Gen24 Plus

3min
page 55

Dyness delivering technology

2min
page 54

SolaX Power

3min
page 53

Huawei’s smart PV solutions

3min
page 52

Pylontech’s 4GWh expansion plan

4min
pages 50-51

Growatt’s new three-phase inverter

3min
page 47

AlphaESS maintains the pace

4min
pages 48-49

Sungrow harvests sunshine

6min
pages 42-43

Energy from waste abating carbon emissions

7min
pages 38-41

The ACT Renewables Hub

2min
pages 36-37

Hydrogen Australia’s Zero Carbon Certification

3min
pages 20-21

A strong PV market

6min
pages 26-27

Developing a voice: Women in solar energy

6min
pages 32-33

Carbon border taxes and COP26 accelerate renewables and SEC calls for 100 per cent by 2035

10min
pages 10-15

A call to legislate climate targets

5min
pages 30-31

Green hydrogen developments

12min
pages 22-25

Forewords by CEO and British High Commissioner

3min
pages 4-5

News and views

7min
pages 6-9
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.