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Not Only Grid Parity, But Also Grid Quality - BYD to Bring New Photovoltaic Era

05/28/2013

The 7th SENC PV POWER EXPO has been successfully held in Shanghai as scheduled from May 14th to 16th, 2013. As a company globally esteemed with "High Technology and Innovation", BYD brought another breakthrough into the photovoltaic industry once again. Along with its show themed “Not Only Grid Parity, But Also Grid Quality” this time, BYD has lead the world to enter a new energy era. 


Due to the worse environmental situation and energy less, people cast their eyes drilling into the earth up to the sky. Since sunshine is vital to everything, it provides our planet with energy enough for 6 billion human beings to use for a whole year. However, the high price keeps the market shrink back. Experts believe that when the PV electricity price gets equal to the price of traditional power, PV market will be fully opened with great prospects of development. However, even if the cost has declined significantly in last 2 years, it still seems to be a long haul to enter the grid parity era for people. In addition, the intermittency and instability of solar power generation could have severe impacts on the grid once it reaches a certain size. Experts consider that it’s not possible to solve this issue at present.

How long will it exactly take before the era of Grid Parity really comes? How to effectively overcome the instability of photovoltaic power generation?

These problems will be eventually resolved when BYD Company Ltd. Officially introduces its new energy total solution of “PV Modules + Tracking system + Inverter + Energy Storage Systems” with an outstanding concept of “Not Only Grid Parity, But Also Grid Quality”.

As the first Chinese enterprise honored with “Zayed Future Energy Prize” in large enterprise category, BYD has got involved in several business fields of IT, automobile and new energy. A few years ago, BYD invested heavily to build its new energy empire while it had already achieved a great deal of successes in areas of IT and conventional vehicles. BYD always takes it as its mission to develop more advanced green technologies to serve the society and help settle global energy and environmental problems.

BYD has improved the technologies regarding its PV modules all over again after the introduction of its high efficient new PV module technologies called TOP.5 in 2012. This PV manufacturer has realized mass-production PV modules featuring high-efficient and long lifespan by use of the double glass components that reduce the amount of precious mental and adopt new packaging materials. There are 3 outstanding cell technologies (NEW, CUB and SNB) that improve the efficiency up to 17.8%. Other 5 photovoltaic module technologies are also included: DPG, NEC, POP, TJB and ABC which could be applied on double glass components and promote the output power by 10%, resulting in lower costs and long service life more than 40 years.

In order to increase the output power and reduce the system costs, BYD has developed the unique system-BYD tracking system for solar power plant projects. Mr. Zhao Tong, General Sales Manager of BYD Solar said:” With fixed system, the power output could not match with the loading. Before 10 am, it needs the other power plants such as coal-fired power plants to assist. After 10 am, the solar power output will increase. Under the condition of the loading without increasing, it might have to shut down the output of coal-fired power plants. BYD tracking system can make the PV power generation more stable, to matches the electricity load exactly and reduce the peaking pressure for traditional power generation. .”

BYD tracking system could make the power generation smooth. However, there are still some issues that the power generation will be imbalance due to the weathers changes, such as rainy, cloudy etc. And the tracking system could not solve this kind of problem. Energy storage will be the definitely effective way to address this problem. BYD’s Fe battery-based energy storage systems can not only smooth the PV output, but also realize energy stockpiling transfer, further improving the quality of photovoltaic power to a level closer to the traditional power. The large-scale energy storage systems of BYD have been located around the world (like in U.S., Europe, China etc.). Moreover, BYD’s internally-developed Distributed Energy Storage System (DESS) is another widely-used multifunctional power system for residential and commercial application, offering the areas with instable grid a perfect new energy solution.

PV power generation has to work together with PV inverter. Two large PV inverters of BYD both were certified by UL, thus marking BYD as the world’s third company in Asia-Pacific region that receives UL certification for enterprise. The General Manager of BYD’s solar factory, Mr. Jiang Zhanfeng said: ”BYD PV inverter stems from the motor driving technology of EV and can transfer solar energy into the stable power that meets the requirements of power network as well as the consumers in a more efficient and reliable way.”

Mr. He Long, Vice President of BYD, remarked, ”BYD’s new energy integrated solution (PV Modules + tracking system + Inverter + Energy Storage Systems) once again elevates the status of BYD in the new energy industry as a leader and makes us invincible. It plays an essential role in promoting the photovoltaic grid parity and bringing a new era of excellent photovoltaic energy.”

BYD commits itself to technological innovation, the development of new energy industry, and more importantly, it devotes to bringing technologies to the public and making science and technology available to the most grass-roots consumers. BYD has already put such corporate belief into practice in its automobile business and solar energy business. BYD’s new energy total solution is bound to lead the development of the photovoltaic industry and its effort to create a new time of PV industry will be realized in the near future as well.

Not Only Grid Parity, But Also Grid Quality!



About BYD

BYD Company Ltd. is one of China’s largest companies and has successfully expanded globally. Specializing in battery technologies, their green mission to “solve the whole problem” has made them industry pioneers and leaders in several High-tech sectors including High-efficiency Automobiles, Electrified Public Transportation, Environmentally-Friendly Energy Storage, Affordable Solar Power and Information Technology and Original Design Manufacturing (ODM) services.

As the world’s largest manufacturer of rechargeable batteries, their mission to create safer and more environmentally friendly battery technologies has lead to the development of the BYD Iron Phosphate (or "Fe") Battery. This fire-safe, completely recyclable and incredibly long-cycle technology has become the core of their clean energy platform that has expanded into automobiles, buses, trucks, utility vehicles and energy storage facilities. BYD and all of their shareholders, including the great American Investor Warren Buffett, see these environmentally and economically forward products as the way of the future.

BYD has made a strong entrance to the North, Central and South American markets with their battery electric buses, and lineup of automobiles. Their mission lies not just in sales growth, but also in sociological integration and local job creation as they have poured incredible investments into developing offices, dealerships and manufacturing facilities in the local communities they now call home, truly a first for Chinese companies . For more information, please visit www.byd.com or www.facebook.com/bydcompany


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