Billion Watts, 2024/11/21

An site of user-side behind-the-meter BESS system in Eastern Taiwan showcases neatly positioned Billion Watts’ C&I energy storage equipment.

As the demands for industrial and commercial electricity continues to rise, companies are facing dual-pressure of insufficient power supply and increasing electricity prices. According to the data from Taiwan Ministry of Economic Affairs' Energy Bureau, the peak load is projected to grow at an annual rate of 2.04% in Taiwan between 2023 and 2029, especially in semiconductor and electronics manufacturing industries. 

Additionally, the electricity price gap between peak and off-peak hours for high-voltage users is reaching NT$7 per kWh, and some energy-intensive industries are facing a 14% increment in electricity costs which further triggers the challenges of inflating operational expenses.

In response to the situation, Billion Watts, a subsidiary of Billion Group (stock code: 3027) offers diversified integrated solutions including PV, BESS and EV charging systems. By making good use of electricity price arbitrage and leveraging peak and off-peak power usage, they help companies to achieve effective efficiency by energy savings thus promote sustainable development and eventually achieve a win-win outcome.

The Solution for the Contradiction Between Taiwan's Electricity Supply and Demand

Due to Taiwan’s densely populated landscape with limited land resources, decentralized energy systems and demand management are the key to tackle with energy allocation challenges. As the thriving development of science parks, AI computing data centers and industrial upgrades, electricity demand keeps rising causing reliance on stable power supplies and the challenges of strained power supply become more and more critical. Delays in gas-fired power generation and renewable energy supply projects have further exacerbated the pressure on power supply.

Given the difficulty of “increasing power supply,” Taiwan urgently needs to explore the options of “saving resources” to enhance the efficiency of existing power resources to prevent supply-demand imbalances.

The core utility for companies to invest in behind-the-meter storage systems and virtual power plants lies in balancing demand and supply and face the peak power demand with flexibility and without any requirements of new large-scale power generating facilities. During periods of high electricity prices, storage systems can discharge surplus power stored in advance to reduce costs.

Billion Watts recently completed behind-the-meter BESS projects for many major electricity users, planning to deploy 2.6 MW of resources for instant reserves and electricity price arbitrage by Q1 2025. The company offers innovative collaboration models including profit-sharing energy-saving programs, enabling enterprises to build storage systems at low costs and receive 10–20% annual electricity savings, achieving the true win-win situation with both energy efficiency and benefits from electricity price arbitrage.

Billion Group and Billion Watts team are highly praised for their PV, energy storage and EV charging integrated solutions with the cutting-edge technologies showcased at Taiwan International Energy Expo. this year.

Diversified Renewable Energy Applications and Business Models Can Help Enterprises to Deal with the Challenge of Rising Electricity Price

Billion Watts is one of the few companies capable of deeply integrating PV and energy storage system with monitoring technology. Utilizing the group's resources, we not only adopt locally manufactured green energy products but also provide customized battery system services to ensure rigorous quality control.

Billion Group's in-house brand, BILLION, offers a wide range of green energy products including solar inverters, energy storage systems, and EV chargers. Among them, Fusio One 100kW/215kWh commercial energy storage all-in-one equipment features modular design for flexible multi-unit expansion, installation, and operation, combined with advanced energy management technology which makes it an ideal solution for companies encountered with high electricity prices and market fluctuations.

Billion Watts’ can meet market demands with its innovative technologies and excellent services, highlighting the crucial role of energy storage technology in energy transition stage. To date, we have served over 1,500 solar power plants, with a total monitoring capacity of 550 MW and over 350 MW of solar inverter for both installations and grid connections.

After solidifying its position in Taiwan's energy storage market, Billion Watts is aggressively expanding all over the world. Collaborative micro grid projects of 350kW/1978kWh combined in Palau, Tuvalu, and the Marshall Islands demonstrate successful solutions to Pacific Island nations' power shortages. Meanwhile, the company is actively exploring high-potential markets, focusing on electricity trading markets in Japan (JEPX) and Australia (NEM) starting in Q3 this year and we aims to complete 20 MW of grid-connected PV and BESS integrated projects by 2025.

Billion Watts has completed grid-connected energy storage projects in Changhua and Yunlin with a total capacity of 78 MW. These projects are expected to be operational and formally enter electricity trading market by the end of this year or early next year.

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