500MWh! Mingyang Energy Storage signed contracts with important customers in EMEA to accelerate global market expansion
-
Date: 2024.11.11
Recently, Mingyang Energy Storage signed an exclusive supply agreement with a leading renewable energy company in the EMEA region for a total storage capacity of 500MWh. Under the agreement, MINGYANG will provide the client with custom-designed, self-developed 418kWh liquid-cooled integrated storage cabinets and 5MWh containerized energy storage systems to fully meet the client’s various energy storage needs across renewable energy applications.
The renewable energy company is a diversified conglomerate in the EMEA region with a strong early-mover advantage in renewable energy and energy management. It has established a comprehensive presence in wind, solar, storage, and hydrogen sectors. Operating in 15 countries worldwide, including the Middle East, Europe, Africa, and North America, the company achieved total revenue exceeding $3 billion in 2023 and possesses significant resource and investment capabilities.
MINGYANG Energy Storage is focused on innovation in energy storage technology and large-scale industry development, committed to delivering "Energy Storage+" system solutions for clients. The company offers intelligent energy storage systems featuring lifecycle management, smart maintenance, and intelligent dispatching across power generation, grid, and user applications. This partnership will leverage both parties' strengths in technology, market reach, and resources, enhancing competitiveness in the EMEA and global energy storage markets.
The 418kWh liquid-cooled integrated energy storage system uses 314Ah cells and features an integrated AC-DC design with liquid cooling, offering advantages such as high energy density, flexible deployment, and stable performance. The system integrates PCS (power conversion system), batteries, BMS (battery management system), thermal management, distribution, and fire protection. It also supports functions such as frequency regulation, harmonic suppression, reactive power compensation, black start, and peak shaving. This system is primarily applied in scenarios like wind and solar energy storage, peak shaving for commercial and industrial users, and combined solar, storage, and charging applications, effectively addressing issues like wind and solar curtailment and grid instability.
As a critical component of MINGYANG's "wind-solar-storage-hydrogen-fuel" renewable energy ecosystem, MINGYANG Energy Storage emphasizes global market expansion and offers a comprehensive suite of energy storage system products and services. This includes system integration, storage inverters, energy management systems, battery management systems, and intelligent distribution cabinets, with applications spanning multiple countries and regions in Asia and Africa. The products have obtained certifications from various authorities, including CCC, CGC, CE, UL, GL, IEC, and TüV.
With the growing global demand for clean energy and environmental protection, the development of renewable energy worldwide is expected to accelerate further. In the future, MINGYANG Energy Storage will continue leveraging Mingyang Group’s global network, effectively integrating its technological and resource advantages, and rapidly responding to international market demands to provide high-quality energy storage solutions for clients around the world.