Energy Storage & System
With a commitment to leverage our expertise to strengthen clean energy business, BanpuNext has expanded its business into energy storage. The company is exploring development of solar power storage systems for numerous applications, including uninterruptible power supply (UPS) and integration to smart grid and microgrid, to help customers minimize their energy cost with efficient electricity management during on-peak times.
The company has acquired 47.68% stake in Durapower Holdings Pte Ltd, an energy storage system provider based in Singapore, to operate a lithium-ion battery factory in Suzhou, China, with annual output planned at 1 gigawatt-hour. The company is also studying development of solar power storage systems both for industrial and household applications.