BYD and FENECON sign contract for 1000 storage systems

During Intersolar BYD Europe and FENECON signed a contract for proceeding with the successful development- and distribution-partnership. The contract volume until end of 2014 covers a total of 1000 energy storage systems of DESS-series, which FENECON is selling to PV installation companies.

Both companies were already cooperating for more than 2 years, developing the successful series of 3-phase storage systems as well as the new hybrid-systems, which were shown to the public the first time during Intersolar.Image

 

Franz-Josef Feilmeier, CEO of FENECON, is convinced of the potentials of BYD-DESS: “While most storage system manufacturers are still relying on simple balancing meter systems or charge extensive prices for technically advanced concepts, BYD is leading the market in technology as well as in total costs per kWh. Seeing that the market increasingly asks for ‘intelligent storage systems’ instead of plain ‘PV-batteries’ leaves us confident to win many more installation partners. With BYD as our partner we are well prepared to fulfill the customer’s requirements”

 

With a subsidy of state-owned-bank KfW, which especially prefers long-life-design and smart and intelligent DC-systems with lithium-batteries, Germany is the future core-market for sales of Distributed Energy Storage Systems (DESS) by BYD. Julia Chen, senior development business manager of BYD energy is pleased about the cooperation: “We are very happy to continue this successful and close partnership for storage systems. With a technically experienced team and the deep understanding of customers’ requirements, FENECON is the optimal partner to successfully carry out our philosophy of ‘technological leadership at affordable prices’.”

 

BYD is a Chinese high-tech company and specializes in IT, automobile and new energy with 180,000 employees and an annual turnover of about 8 billion USD. BYD – Build Your Dreams, is a market leader in energy storage, electric vehicles and electric busses based on Fe Battery technology. It realized the world’s largest energy storage stations and successfully sells e-cars and e-buses. Based on this experience BYD is developing smart energy storage systems, which perfectly integrate in a next-generation energy concept and are designed for 20+ years lifetime. BYD-products are sold by chosen distribution partners to installers and PV-companies. This ensures technical competence, warehousing, service etc. close to the customer. The DESS-series is already used in households and businesses on all continents.

 

FENECON is a Germany-based wholesaler for energy storage systems, solar modules and LED-lighting with a sales office in Senegal/Africa. The company is well known in the renewable energy market for its clear commitment to an economical and decentralized energy supply based on the three fundamentals: ‘energy production with PV’, ‘energy efficiency with LED’ and ‘energy storage with smart storage systems’, and was awarded with respective prizes. FENECON’s experienced technical and sales team for storage solutions has successfully implemented a high two-digit number of storage systems already.

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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

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