Energy Storage News•about 7 hours ago
VIDEO: Ex-Wärtsilä storage chief Andy Tang on Western integrators’ ‘squeezed’ value-add
- •Western BESS system integrators are experiencing a significant 'squeeze' on their value-add and profit margins.
- •Chinese technology innovation in Battery Energy Storage Systems (BESS) is rapidly outpacing Western integrators, creating a competitive disadvantage.
- •Developers and large power consumers may find more cost-effective or rapidly evolving BESS solutions by considering direct sourcing or partnerships involving Chinese suppliers, potentially impacting project timelines and costs.
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