EUROSOL Signs Cooperation Agreement with BYD for Battery Storage Systems

Oct. 9th, 2012, BYD, a market leader in battery storage industry, announced a partnership with EUROSOL, one of the top distributors in Europe. EUROSOL will distribute BYD storage systems DESS and EPS, which allowing independence from rising electricity prices and self-generated solar power could be used around the clock.
At the ceremony, Alex Lu (Head of Energy Storage Systems of BYD) and Andreas Fürst (CEO of EUROSOL GmbH) signed a distribution agreement for the BYD battery systems. Andreas Fürst said “In addition to the network expansion, storage is an important prerequisite for the realization of energy transition. It can adjust the fluctuating production of solar power upon demand. So households can save money.”
BYD is a company which take “quality, technology, responsibility” as its basic conception. Relying on BYD’s unique and core Fe battery technology, it always takes its place at the forefront of new energy application area. With the systems of BYD, solar power can be economically stored and used. This will lead to cost saving, since less power would be purchased from regional suppliers, and also a reduction of the power grid. Even during a power failure, the system ensures a stable power supply. “BYD is committed to developing green energy industry. BYD DESS and EPS products show BYD’s leading position and long-term strategy in this area by the strength of R&D and investment.” Alex Lu Said, “We are very happy that we can reach a consensus with EUROSOL. We will be benefits for the common interests of businesses. I do believe that our cooperation would be more pleasant and smoothly”.
About BYD
BYD is ranked #1 at the top of Bloomberg’s and Business Week’s 2009 Tech 100 List (http://www.businesswire.com/news/home/20100520006751/en/BYD-Tops-Bloomberg-Businessweek%E2%80%99s-12th-Annual-Tech ) and is the leading manufacturer of advanced, environmentally-friendly battery technologies like the BYD’s Iron Phosphate battery used in BYD electric vehicles and electric buses. BYD’s solar panels and LED Lighting systems have CEC, TUV/CE and UL listings, and the company enjoys rapid growth in consumer electronics space and electrified transportation sector manufacturing under its BYD brand. BYD is the fastest-growing Chinese automotive and green energy technology enterprise. The Company trades on the Hong Kong Exchange (HKE) under the ticker numbers (HK.0285 – BYD Electronics) and (HK.1211 – BYD Company Ltd.), as well as on the Shenzhen Stock Exchange under the ticker number (002594 – BYD Company Ltd.). For more information, visit www.byd.com , www.facebook.com/bydcompany or email pr@byd.com .
About EUROSOL
EUROSOL is a wholesaler of photovoltaic modules, inverters and storage systems throughout Europe. It supports its customers in the design and installation of photovoltaic systems. The second business is the turn-key realization of solar parks and photovoltaic systems for private and corporate customers
The EUROSOL GmbH was founded in 2000. With over 16 years experience in the construction of photovoltaic systems, it is among the pioneers in Germany. The company has offices in France, Greece, the USA, Switzerland and Italy. It has more than 80 employees with a turnover of 70 million Euros (2011). In 2012, it realizes PV systems with a total capacity of 30 MW. This represents a double from the previous year.

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About bydcompany
Providing a fully vertically integrated solution for green energy technologies, producing electric cars using iron phosphate battery technology.Visit us at: http://www.facebook.com/bydcompany

4 Responses to EUROSOL Signs Cooperation Agreement with BYD for Battery Storage Systems

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