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Energy Storage News12 days ago

Saft wins 356MWh battery storage project contract in Taiwan with Foxlink Group company

Key Takeaway

This substantial 356MWh battery storage project in Taiwan underscores the accelerating global deployment of large-scale BESS, driven by energy trading firms and industrial groups, signaling robust market growth for developers and technology providers.

AI Summary

  • Saft has been awarded a contract by energy trading company Foxwell Power (a Foxlink Group company) to supply a 356MWh battery storage solution in Taiwan.
  • This significant project highlights the increasing scale of battery energy storage system (BESS) deployments globally and the growing involvement of energy trading firms in developing such assets.
  • The commitment by a major industrial group (Foxlink) to this large-scale storage project signals a trend of large power consumers investing in advanced energy infrastructure, potentially for grid services, stability, or optimized energy management.

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