Global companies are responding to challenges such as carbon reduction, net-zero carbon emission targets, and carbon tax implementation. The government aims to release 3GW of energy storage opportunities by 2025, accelerating the development of the domestic energy storage market. In recent years, both the government and the private sector have fast-tracked the integration of green energy technologies, creating a complete green economy industrial chain across the upstream, midstream, and downstream sectors. However, due to the intermittent nature of renewable energy, its impact on the power system's supply-demand balance and grid operation is significant. To stabilize electricity supply, Taiwan Power Company (Taipower) must maintain dynamic balance between power generation and consumption, highlighting the critical role of energy storage in Taiwan's energy transition policies.

Billion Watts, a subsidiary of Billion Group, successfully passed Taipower's AFC frequency regulation support service communication and capability tests last year, and officially joined the platform's bidding process. To date, Billion Watts has accumulated 10MW of self-owned projects and recently surpassed a total capacity of 80MW for external customer-built projects. Small and medium-sized enterprises and various investors are rushing to seize positions in energy storage, with over a hundred companies expected to invest in energy storage equipment to compete for opportunities.

In the realm of energy storage systems, battery safety remains a top priority. Internationally renowned insurance brokerage firm Marsh has invited several leading domestic insurers involved in energy storage equipment coverage, including Fubon Insurance, Hua Nan Insurance, Hota Insurance, and Shin Kong Insurance, for an on-site visit today at Billion Electric's AFC energy storage system project site in Su'ao, Yilan. The visit provided an in-depth understanding of the grid-connected energy storage solutions and comprehensive site planning.

The insurers were briefed on a full range of safety preparations, including safety certifications, system protection measures (such as BMS, cooling, ventilation, fire safety, and cabinet fire ratings), reliability testing, and risk assessments. Insurance representatives emphasized that fire protection functionality has become a critical factor in evaluating mechanical comprehensive insurance and electronic equipment insurance coverage for energy storage systems.

Energy storage systems that meet international grid standards not only enhance the safety of corporate assets but also provide better protection for both parties. This is especially crucial for investors, as only high-quality, high-safety energy storage systems that have passed insurance assessments (Insurability) can secure financing and project loans from the banking industry (Bankability), ensuring successful investment and financial backing.

The visit highlighted the significance of insurance-backed, high-quality energy storage systems in fostering investor confidence and securing financial support for energy storage projects.

Billion Watts places strict requirements on the safety of batteries and equipment. Collaborating with the internationally renowned Kokam Smart Energy Battery Factory, one of the pioneers in manufacturing industrial-grade NMC lithium ternary batteries globally, the company adopts cautious and mature R&D techniques to continuously enhance battery safety and integrate multi-level fire protection and firefighting system designs. Its MW-level lithium battery systems have been serving the global market for over 10 years, with a strong focus on battery safety and high-efficiency charge and discharge. In Taiwan, it provides high-power and high-energy battery combinations that comply with dReg 0.25, dReg 0.5, and E-dReg standards, emphasizing intelligent control logic and advanced system integration technologies. The company responds to the diverse specifications of auxiliary service products by offering rapid-response frequency regulation and continuous 4-hour peak and off-peak transfer services.

Elaine Chen, Associate Director of Billion Watts, stated that Billion Watts is one of the few companies in Taiwan capable of offering a complete integrated service. The company not only provides full energy storage systems, including batteries, Battery Management Systems (BMS), Power Conditioning Systems (PCS), and localized Energy Management System (EMS) core technologies, but also leverages Billion Electric's professional energy storage container assembly and customization capabilities at its Longde plant in Yilan. The company offers comprehensive services from land development, design evaluation, equipment procurement, system integration, to complete construction of all engineering projects. Furthermore, the company ensures ongoing maintenance and operation management, including bid proposal operations, while adhering to the safety regulations required by insurance companies throughout both the construction and operation phases. This approach aims to assist the nation in advancing sustainable green energy development and enhance the safety of energy storage fields and investments.