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BEIJING, March 30, 2025 (GLOBE NEWSWIRE) -- BYD Energy Storage, a business division of BYD Company Limited, as a provider of renewable energy solutions, unveiled on March 26th its next-gen commercial and industrial (C&I) energy storage system, Chess Plus, designed to address challenges in safety, efficiency, and profitability amid a fiercely competitive market. BYD Energy Storage’s Chess Plus establishes a new paradigm in energy storage through its cell-to-system (CTS) protection framework. At the core are “Thick Blade Battery” cells with ceramic terminals, eliminating leakage risks while enhancing corrosion resistance. These cells have passed extreme stress tests including thermal runaway simulations (-25~55℃) and 260% overcharge thresholds. Chess Plus is unique with its 2-hour fire-resistant battery casing and built-in aerosol fire suppression system. The thermal anomalies can be detected in advance thanks to the system-level protection including 8.0-magnitude seismic resistance, IP55 enclosures with sloping roofs for water drainage, and AI-driven risk prediction algorithms. Chess Plus features ultra-long life battery cells supporting over 10,000 cycles, ensuring durability for steady operations. Its dual-mode cooling system—liquid cooling for batteries and smart forced air cooling for electronic equipment—reduces auxiliary power consumption by 20% while enhancing thermal consistency. This design extends component lifespan by 30%. Chess Plus integrates high-performance edge computing for real-time SOC optimization and fault prediction. The system’s modular architecture allows independent data and control channels for stable operation. Chess Plus is an energy storage solution for many application scenarios in industrial parks, EV charging hubs and microgrids. With AI-driven management, it is an ideal option for optimizing energy use and maximizing ROI across diverse settings. Dr. Wang Xiaoye from BYD Energy Storage emphasized, “Only manufacturers mastering cell-level R&D can deliver true value and efficiency. Chess Plus reflects our 17-year energy storage expertise and commitment to sustainable innovation.” BYD Energy Storage has long been committed to the R&D of C&I energy storage products. Its previous C&I product applied in a Behind-the-Meter facility in Jiangsu, China helps generate $3 million annually via two cycles per day and grid incentives, demonstrating a 3-year payback period. As industries worldwide embrace green energy, Chess Plus shows considerable promise as a dominant role in the market with its strong stability and adaptability. With unmatched safety and smart operational tools, BYD Energy Storage continues to lead the global shift toward resilient and cost-efficient energy storage. Photo available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f3620aaf-7be9-4e80-8af9-1feffb703f48 www.bydenergy.com www.bydglobal.com Media Contact: Qifen ZHONG zhong.qifen@fdbatt.com
ARLINGTON, Va., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. ("Fluence") (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, services, and asset optimization software, and ACE Engineering, today announced the completion and opening of a state-of-the-art, automated production facility in Bac Giang Province, Vietnam. The future-ready site is designed to manufacture Fluence's innovative energy storage solutions, including Gridstack Pro™ and Smartstack™. With projected annual manufacturing capacity of 35 GWh, the facility features a fully automated production process that is designed to enhance productivity and safety. We believe the opening of this facility marks a crucial milestone in meeting the increasing global demand for high-performance energy storage solutions. “This facility builds on our deep strategic relationship with ACE Engineering, taking us to the next level of manufacturing excellence,” said Julian Nebreda, President and Chief Executive Officer, Fluence. “By combining advanced automation with rigorous quality standards, we believe we are optimally situated to meet stringent customer requirements and deliver competitively at the speed and scale the market demands.” “This state-of-the-art facility represents an expanding strategic partnership between Fluence and ACE,” said Danny You, Chief Executive Officer of ACE Engineering. “With this initiative, Fluence and ACE will be positioned to provide customers with flexible manufacturing solutions, shorter lead times, and highest quality standards.” The investment underscores the shared vision of Fluence and ACE Engineering to drive innovation and execution in the energy storage sector, helping to advance the global shift towards sustainable energy solutions.About Fluence Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed, and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. For more information, visit our website, or follow us on Linkedln or X. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog. Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated operational performance of the new production facility, ability to meet requirements and timing for customers and the market, and other beliefs, assumptions, prospects, plans, and objectives of management. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as "may," "possible," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "commits", "believes," "estimates," "predicts," "potential," or "continue," or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, changes to the regulatory environment in Vietnam and United States, including relating to tariffs, general economic conditions, the potential for political, social, or economic unrest, terrorism, hostilities or war, unforeseen circumstances outside of Fluence’s control which may cause the facility to not perform as anticipated, and such factors set forth under Item 1A."Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024, filed with the Securities and Exchange Commission ("SEC") on November 29, 2024, and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. Media ContactShayla Ebsen, Director of CommunicationsEmail: shayla.ebsen@fluenceenergy.comPhone: +1 (605) 645-7486 Analyst ContactLexington May, Vice President of Investor Relations and SustainabilityEmail: investorrelations@fluenceenergy.comPhone: +1 (713) 909-5629
SYDNEY, March 19, 2025 /PRNewswire/ -- Trina Storage, a global leader in energy storage solutions and a business unit of Trinasolar, has unveiled its next-generation Elementa 2 Pro 5MWh energy storage system for the first time in Australia at the 2025 Energy Storage Summit held in Sydney. Trina Storage Elementa 2 Pro As one of the most influential events within the global energy storage industry, the Summit gathered over 250 delegates and top industry experts from around the world. Trina Storage's landmark launch at the event not only showcases its technological innovation and leadership in localised solutions but also establishes new value benchmarks for the Australian energy storage market. According to BloombergNEF (BNEF), Australia is projected to be one of the fastest-growing energy storage markets globally, with cumulative storage capacity expected to exceed 28GWh by 2030. With a commitment to developing and innovating storage technology, particularly for Australian conditions, Trina Storage is well-placed to make a significant contribution to the sector. Australia's maritime climate, characterised by high temperatures and humidity in summer, presents stringent challenges for thermal management and the safety of energy storage systems. Additionally, with a high renewable energy penetration rate and significant electricity price fluctuations, there is an increasing demand for energy systems that ensure both economic viability and stability. To address these challenges, Trina Storage has leveraged its extensive technological expertise and localised R&D capabilities to deliver a comprehensive solution. The Elementa 2 Pro 5MWh builds on the success of Elementa 2, offering even greater efficiency, flexibility, and safety. Economic Efficiency: The Elementa 2 Pro features Trina's self-developed 314Ah high-performance Trina Cell, supporting 15,000 cycles (up from 12,000 cycles offered in Elementa 2) to significantly extend system lifespan and reduce lifecycle costs, ensuring a higher return on investment for users. Stability & Reliability: Designed to withstand Australia's complex maritime climate, Elementa 2 Pro is C5 corrosion-resistant certified, with IP67-rated waterproof and dustproof battery modules to combat moisture and salt spray erosion, ensuring long-term stable operation in harsh environments. Enhanced Advanced Cooling Technology: To address Australia's prolonged high summer temperatures, Elementa 2 Pro incorporates an intelligent hybrid air-liquid cooling system, maintaining an internal temperature difference of within 2.5°C while reducing average auxiliary power consumption by 30%. The system operates efficiently at ambient temperatures of up to 55°C, significantly enhancing energy utilisation efficiency. Beyond adapting to local environmental factors, Trina Storage has also accounted for Australia's stringent safety and noise regulations. Safety: The system is equipped with advanced fire mitigation and suppression systems, combined with a sandwich cabin structure, offering up to two hours of fire protection to minimise safety risks. Low Noise Design: Optimised to operate at a noise level as low as 70dB, ensuring ultra-quiet operation for suburban projects, aligning with environmental standards. Trina Storage remains committed to technological innovation and customer-centric solutions, delivering high-efficiency, reliable, and sustainable energy storage to Australia. The launch of Elementa 2 Pro in Australia highlights the company's leading capabilities in technological R&D and responsiveness to global market needs. With over 10GWh of shipments worldwide, Trina Storage is proud to drive the transition to clean energy, leading the advancement of energy storage technologies. Dr Leo Zhao, Head of Energy Storage at Trinasolar Asia Pacific, said, "The energy storage sector is evolving rapidly, and reliability, safety, and efficiency have never been more critical. With the launch of the Elementa 2 Pro 5MWh, Trina Storage is setting a new benchmark for large-scale battery energy storage solutions in Australia. By leveraging vertical integration, we have designed a system that delivers unparalleled economic efficiency, long-term stability, and advanced cooling technology — all tailored to Australia's demanding climate conditions. Our self-developed 314Ah Trina Cell, extended 15,000-cycle lifespan, and hybrid air-liquid cooling system ensure maximum performance, even in extreme temperatures. At Trina Storage, we are committed to delivering safe, high-performance energy storage solutions that drive the industry forward. With Elementa 2 Pro, we are providing a smarter, more resilient storage solution that redefines long-term value for energy projects." Reinforcing its' commitment to the Australian market, Trina Storage announced last month that it has partnered with Pacific Green, for its 250MW/500MWh Limestone Coast North Energy Park project. The project will become one of South Australia's largest renewable energy hubs, providing critical support for grid stability and renewable energy integration.
MUNICH, April 9, 2025 /PRNewswire/ -- Trina Storage, a global leader in energy storage solutions, has successfully introduced its latest innovation, the Elementa 2 Pro 5MWh energy storage system, across strategic regions including Europe, Asia-Pacific, and the Middle East & Africa. The launch has attracted strong industry interest, reflecting the system's reliable performance and reinforcing Trina Storage's ability to meet diverse energy market needs and enable grid integration worldwide. Trina Storage Elementa 2 Pro Long-Lasting Performance and Space-Efficient Design Powered by an advanced 314Ah cell with an exceptional 15,000-cycle lifespan, the system ensures long-term performance and cost efficiency. Its compact side-by-side and back-to-back design significantly reduces footprint, addressing space constraints in urban and industrial environments. Additionally, Noise reduction technology enables operation at just 70dB, making it an ideal choice for noise-sensitive locations. Intelligent Temperature Control and Comprehensive Safety Equipped with hybrid cooling technology, the Elementa 2 Pro keeps cell temperature differences within ≤2.5°C, even under extreme conditions. This ensures optimal performance and extends the system's lifespan. In low-temperature environments, auxiliary power consumption is reduced by 30%, further improving energy efficiency. Safety remains a top priority. Elementa 2 Pro utilizes EV-grade cells that undergo rigorous abuse testing to ensure intrinsic safety. A triple-layer electrical protection system, combined with an emergency stop function, provides comprehensive safety across the cabinet, the PCS, and the EMS, guaranteeing stable operation in diverse environments. Smart Operations for Increased Efficiency Elementa 2 Pro integrates smart management features to streamline operations and lower maintenance costs. With 1:1 NTC monitoring, it enables real-time cell tracking and millisecond-level anomaly detection for early warning. Its master-slave BMS architecture further optimizes performance for multi-cabinet parallel configurations. With one-click remote upgrades and real-time monitoring, the Elementa 2 Pro minimizes on-site maintenance efforts, boosting O&M efficiency by up to 90%. Advancing Energy Storage with Global Expertise Since its inception, the Elementa series has earned global recognition for its performance and adaptability. Building on this success, the Elementa 2 Pro leverages Trina Storage's global project experience to meet the evolving needs of the energy storage industry. "The launch of the Elementa 2 Pro 5MWh system marks a significant milestone in Trina Storage's commitment to innovation and sustainability," said Wei Deng, Head of Global Product at Trina Storage. "We're confident that this advanced solution will accelerate the global transition to clean energy." For more details on the Elementa 2 Pro, visit: https://www.trinasolar.com/sites/en-glb/storage/elementa2-pro.html
SHENZHEN, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Recently, BYD Energy Storage and Saudi Electricity Company successfully signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5GWh at the time. Combined with the previously delivered 2.6GWh project, the total cooperation now has amounted to a massive 15.1GWh of projects. This cooperation is a pivotal stride towards advancing Saudi Arabia's renewable energy industry and aligning with the ambitious goals set forth in Saudi Arabia's Vision 2030 initiative. In response to the pressing global climate challenges, SEC has been steadfast in its commitment to reshaping Saudi Arabia's energy landscape and spearheading exploration in renewable energy, driven by the Kingdom’s ambition to achieve its optimal energy mix of 50% of renewables by 2030. The BESS equipment in the projects will be installed at five sites in the country. BYD Energy Storage will supply new-generation MC Cube-T ESS that adopt its globally pioneering CTS (Cell-to-System) super-integrated technology, with a Vcts (proportion of cell volume to system volume) index exceeding 33%. These installations will integrate into Saudi Arabia's power transmission network, playing a pivotal role in addressing challenges posed by the rising number of renewable energy generation systems, ensuring stable power supply, and meeting peak energy demands. 17 years ago, the first pilot BESS system was delivered from BYD to the market to seek for the potential value of LFP-based battery storage system to be coupled in electricity network system. To date, BYD Energy Storage has delivered over 75GWh of BESS equipment to 350 projects spanning more than 110 countries and regions worldwide. Its diverse product portfolio caters to various application scenarios across generation side, utility side and consumption side, forming a complete industrial chain encompassing research, development, manufacturing, sales, and service. BYD Energy Storage proved itself to be well-equipped to supply an ultra-large-scale project exceeding 15.1GWh. This landmark project will redefine the value and status of electrochemical energy storage solutions in the global energy landscape. Taking this cooperation as a new starting point, BYD Energy Storage will continue to increase investment in technology research and development and join hands with global partners to usher in a new era of energy transition, leading the energy storage industry towards a clean and sustainable future. Links:www.bydenergy.comwww.bydglobal.com Media Contact:Qifen Zhongzhong.qifen@fdbatt.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/de81db5a-c23a-4e43-85ae-89dc133ea635
TAIPEI, Taiwan, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and storage, announced that the 60 MW / 80 MWh Longtan battery-based energy storage system for Taiwan Power Company (Taipower) has started operation. Located at the Taoyuan Longtan ultra-high voltage substation, the energy storage system was supplied by Fluence in partnership with TECO Electric & Machinery Co. (TECO). The Longtan energy storage system is currently Taipower’s largest storage project in Taiwan, with an installed capacity equivalent to the average daily electricity consumption of nearly 8,000 households. The project accounts for 37.5 percent of Taipower’s storage capacity and serves as a significant milestone for Taiwan’s net-zero transformation. “Fluence has more than 15 years of experience in designing, engineering, and delivering large-scale energy storage systems globally. We are very honored to deepen and expand our long-term partnership with TECO through our cross-regional team and technology collaboration,” said Jan Teichmann, SVP & President APAC at Fluence. “Leveraging the global experience and advanced technology of the Fluence team, combined with TECO's expertise in large-scale energy storage system construction, we have jointly delivered Taiwan’s largest government energy storage project with proven technology and superior services that exceeded Taipower’s technical requirement. It further demonstrates our long-term commitment to Taiwan's energy transition.” Taipower’s energy storage system at Longtan, Taoyuan is a key project for the Taiwan government. In the future, when a large amount of offshore wind power is connected to the Taipower system, energy storage systems will play a key role in stabilizing the power grid. Safety is a core element of Fluence's business. With more than 7 GW of energy storage systems contracted and deployed in 47 markets, the Fluence fleet has delivered grid services with a strong safety record around the globe. Fluence's industry-leading technology development ensures that safety measures cover every stage of the energy storage system lifecycle to maximize the protection of people and assets. “Looking ahead, Fluence will continue to work with local partners to expand energy storage business opportunities in Taiwan,” said Teichmann. “Energy storage is the key enabler that will help accelerate Taiwan's energy transformation.” About FluenceFluence Energy, Inc. (Nasdaq: FLNC) is a global market leader in energy storage products and services, and optimization software for renewables and storage. With a presence in 47 markets globally, Fluence provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings, and the Fluence IQ Platform, which delivers AI-enabled digital applications for managing and optimizing renewables and storage from any provider. The company is transforming the way we power our world by helping customers create more resilient and sustainable electric grids. For more information, visit our website, or follow us on LinkedIn or Twitter. To stay up to date on the latest industry insights, sign up for Fluence's Full Potential Blog. Forward-Looking StatementsThe statements described herein that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the anticipated operational performance of the Longtan Energy Storage Project, performance and response times of Fluence energy storage systems, potential impact of Fluence on the overall Taiwan energy storage industry and Taiwan’s goals relating to renewable energy, and introduction of future energy storage systems in Taiwan by Fluence and future plans in Taiwan relating to energy transformation. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “may,” “possible,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions and variations thereof and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments, as well as a number of assumptions concerning future events, and their potential effects on our business. These forward-looking statements are not guarantees of performance, and there can be no assurance that future developments affecting our business will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, which include, but are not limited to, impacts to the Longtan Energy Storage Project from geopolitical instability, extreme weather, and/or changes in Taiwan regulatory regime and energy goals relating to renewables and energy storage, failure to achieve the anticipated benefits and operational performance from the Longtan Energy Storage Project, and other factors set forth under Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2023, filed with the Securities and Exchange Commission (“SEC”) on November 29, 2023, and in other filings we make with the SEC from time to time. New risks and uncertainties emerge from time to time and it is not possible for us to predict all such risk factors, nor can we assess the effect of all such risk factors on our business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law. Media ContactAdele Zhang, Head of Marketing & Communications, APACEmail: Adele.Zhang@fluenceenergy.com Phone: +61 406529688 Analyst ContactLexington May, Vice President of Finance & Investor RelationsEmail: investorrelations@fluenceenergy.comPhone: +1 (713) 909-5629
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