South Korean lithium-ion battery system manufacturer Kokam has entered into a contract to supply a Tahiti utility with a 15 MW/10.4 MWh battery energy storage system (BESS).
Electricité de Tahiti (EDT), a subsidiary of ENGIE, will obtain the country’s first Virtual Synchronous Generator to replace the utility’s spinning reserve diesel generators. The move works to decarbonize and strengthen the grid while allowing for more renewable energy.
“Electricité de Tahiti’s BESS demonstrates how innovative and intelligently designed battery solutions can help utility and industrial customers lower greenhouse gas emissions while also improving their bottom line and increasing grid reliability,” said Ike Hong, chief marketing officer of Kokam.
Key data points: The growth forecast = 8.6% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in AB battery system market to 2031 by type (lithium iron phosphate battery + ternary lithium battery, lithium battery + sodium battery, and others), application (automotive and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesEDT expects to reduce fuel costs by up to ~€1.25M per annum by incorporating more renewable generation sources and improving the performance of its diesel genset.