BYD Receives Australian Certificates for Home Energy Storage System
2013-04-10 Leave a comment
Shenzhen, China – April 9, 2013: With great achievements in Europe and USA, China’s leading clean energy company, BYD Co Ltd (002594.SZ;1121.HK) made a new step in the global market for its energy storage business. BYD has announced that it has received the Australian certification for BYD’s home energy storage system, the DESS (Distributed Energy Storage System). These certificates include C-tick and SAA (AS4777 and AS3100) which means BYD has been qualified to sell and operate its energy storage products in Australia.
Meanwhile, BYD announced it has reached agreement with Australian company, Fe Batteries Australia, to be the distributor of BYD clean energy products including home energy storage systems (DESS and EPS), Solar PV, LED lighting and solar street lamps in this country.
With these announcements, BYD officially enters the Australian energy storage market.
With the recent decrease of the various feed in tariffs (FIT) across Australia, the on-going increases of electricity prices across the country means Australian householders installing Solar PV on their homes or business will be able to use home energy storage systems as an economic way to store the solar energy generated from their roof for later re-use rather than purchasing electricity from the grid or to export their excess energy to their local grid and benefit from their local FIT.
BYD has developed the on-grid home used Distributed Energy Storage System (DESS) to allow Fe Batteries Australia customers to connect their existing or newly installed solar PV systems with battery storage seamlessly through a inverter and battery storage module to their local grid. Allowing solar energy generated to be personally stored in the batteries for later reuse or if in excess to be exported into the grid to maximize their local FIT.
Fe Batteries Australia offers customers the option of an Australian approved BYD 3KW/8KWH single-phase system and 9KW/8KWH three-phase system for DESS, as well as BYD off-grid home energy storage systems, the EPS (Emergency Power System) and HES (Home Energy System) depending on the requirements of our customers.
Ian Goldfinch, Business Director of Fe Batteries Australia commented, Australians have access to abundant sunshine, are environmentally aware, and interested in practical ways to save money on their electricity bills. What has been needed is technology to support home and business energy storage systems. BYD has addressed the technology requirements with its DESS and Fe Batteries Australia is proud to be its distributor to support families and businesses to maximize the use of solar energy and achieve economic benefits.
As BYD’s distributor in Australia, Fe Batteries Australia is delighted to announce that the internationally recognized Australian sustainability guru, Professor Ray Wills has agreed to advise on the entry of BYD product to the Australian market and be the spokesman for Fe Batteries. “I’m thrilled to join Fe Batteries Australia in promoting BYD products in Australia, with energy storage the keystone to renewable energy, and many opportunities in Australia to show the value of BYD products in both off -grid and on-grid locations,” said Professor Wills.
AD Huang, Business Director of BYD Energy Storage stated, BYD has a long-term strategy and leading position in the clean energy industry and has long committed to developing total solutions including the generation, storage and application of clean energy. BYD will foster a long-term partnership with Fe Batteries Australia to develop the Australian market together, and deliver the best new energy solutions to customers in Australia.
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’s-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.).
About Fe Batteries Australia
Fe Batteries Australia is a Perth based company appointed by BYD to nationalize their renewable and clean energy products. Fe Batteries Australia will focus on the distribution of all BYD new energy products including home energy storage systems (DESS and EPS), PV, LED lighting and solar street lamps through the establishment of retail shops nation-wide to retail the BYD new energy products. Fe Batteries Australia is a member of the Clean Energy Council (CEC), Solar Energy Australia (SEA) and has established and supportive professional relationships with all national power utilities (retail and distribution), the various state and territory governments, including Federal and supports the renewable energy market in Australia.