The Billion Watts team showcased technological innovations at the International Energy Exhibition, partnering with collaborators to co-create a sustainable future.
With industrial and commercial electricity prices rising to NT$4.29 per kWh and high-voltage users facing a peak-off-peak price differential of NT$7, industrial users are under cost pressure with an average electricity price increase of 12.5%. High-energy-consuming industries such as steel, petrochemical, cement, paper, and textiles face an increase of up to 14%. To help companies tackle this challenge, Billion Group (stock code: 3027) subsidiary Billion Watts demonstrated diversified solar storage and charging solutions and related applications at the 2024 Taiwan International Smart Energy Week, providing innovative ways to address rising electricity prices. At this exhibition, Billion Watts teamed up with group-affiliated Noon Spare to showcase Taiwan-made custom OEM/ODM battery systems, offering vertical integration services. These solutions combine energy management systems with key Taiwan-manufactured energy equipment to help businesses alleviate the cost pressures brought by electricity price hikes, arbitrage peak-off-peak price differences, and participate in real-time ancillary services for additional revenue.
Noon Spare Showcases Taiwan-Made OEM/ODM Battery Systems and Custom Vertical Integration Services.
Offering a Variety of Green Energy Applications and Business Models to Help Companies Address Rising Electricity Prices
Billion Group's MIT-branded Billion made its debut at the exhibition, launching photovoltaic inverters, energy storage systems, and EV charging stations. Among them, the Fusio One 100kW/215kWh Industrial Storage All-in-One not only features a modular design for easy installation and operation but also integrates advanced energy management technology, making it an ideal choice for businesses dealing with high electricity prices and market fluctuations. By investing in post-meter energy storage systems, companies can reduce dependence on Taiwan Power Company’s electricity supply and optimize the energy efficiency of production plants through self-generated renewable energy. During peak electricity hours, energy storage systems store excess power and release it during peak times, balancing power loads and reducing electricity costs.
Billion Watts Holds Solar Charging and Storage Application Seminar at the Exhibition, Attendees Enthusiastically Praise the Leading Technology on Display.
This system integrates core functions of energy storage and management, playing a crucial role during grid peak load times. It stores excess energy and releases it when needed, reducing overall electricity costs and improving energy efficiency. Additionally, businesses adopting this model can enhance their sustainability performance from an ESG perspective, meeting global demands for environmental protection and sustainable operations. The solutions provided by Billion Watts not only focus on energy savings and cost reduction but also include professional energy management systems, such as the self-developed EMS/ESS system, which intelligently monitors and optimizes power usage. This further enhances a company’s autonomy and energy efficiency, promoting sustainability and strengthening market competitiveness.
Seizing Global Energy Transition, Energy Storage Technology Becomes a Key Driver
To date, Billion Watts has provided services for over 1,500 solar power plants, with its monitoring systems reaching a total capacity of 550 MW and assisting in the installation and grid connection of over 350 MW of solar inverters. As one of the first participants in Taiwan Power Company's power trading platform for frequency regulation auxiliary services, Billion Watts has set up the first large-scale 64 MW/262.43 MWh E-dReg energy storage project in the Yunlin-Chiayi area, which will officially provide Taiwan Power Company with energy transfer composite dynamic regulation frequency regulation auxiliary E-dReg services in the first quarter of next year. Billion Watts continues to expand its market influence, actively expanding into the post-meter market and virtual power plants. Currently, Billion Watts is completing several large customer post-meter energy storage projects, with 2.6 MW of post-meter storage resources expected to join real-time reserve bidding and electricity price arbitrage by the end of next quarter.
Billion Watts Completes 4.8 MW/4.8 MWh dReg0.25 Grid-Connected Energy Storage Project in Changhua, The project officially began commercial operation in early November.
Billion Watts is demonstrating strong growth potential in the global energy storage market. Recently, it successfully collaborated with partners to build multiple solar storage microgrid systems in the Pacific region, covering Palau, Tuvalu, and the Marshall Islands, with a total capacity of 350 kW/1978 kWh. Billion Watts is committed to responding to the growing global demand for renewable energy and energy storage equipment with innovative technologies and excellent services. Starting in the third quarter of this year, it has shifted its market focus to the Japanese (JEPX) and Australian (NEM) electricity trading markets. Billion Watts plans to achieve a target of 20 MW of grid-connected energy storage and solar storage installations in the first phase, further expanding its influence in the international energy storage market.
Billion EVC Partners with Billion Watts to Showcase Complete EV Charging Solutions
As the government discusses time-of-use electricity pricing schemes and advances in charging pile and energy storage integration technologies, Billion EVC, another Billion Group affiliate, showcased its full series of AC/DC charging piles at the Taiwan International Smart Energy Week. The 120-240 kW DC charging piles, designed for fast charging needs, can provide up to 240 kW of high-power output and support CCS1 and CCS2 dual standard plugs, effectively alleviating range anxiety for EV users.
AC Charging Piles Designed for Different Community Types,
These piles provide up to 7 kW of output and integrate with financial flow platforms and the OCPP protocol. The products can be paired with the self-developed EV-EMS smart energy management system and a dedicated app, enhancing user convenience and efficiency. This offers a new business model and development opportunities for charging operators (CPOs) and focuses on providing complete EV charging solutions, further expanding the Group's energy ecosystem.
Billion EVC Builds Large EV Charging Station with Nearly 100 AC Charging Piles Next to Costco in Zhonghe.