Fluence Energy finds partner to aid setup of 100-MW Battery site in Taiwan
Energy storage technology firm Fluence Energy has partnered with Taiwanese firm Rich Electric to deploy a 100-MW battery-based energy storage system in Hualien.
This system will support Taipower’s automatic frequency control (AFC) services. The project will be the first 100-MW level system in Taiwan and one of Fluence’s largest AFC projects in the country.
Taipower’s AFC services help stabilize the power grid. In Taiwan, Taipower aims to install 1,000 MW storage capacity by 2025. Meanwhile, the Bureau of Energy, Ministry of Economic Affairs is aiming for 500 MW storage capacity.
“Energy storage systems are indispensable to the deployment of grid-connected renewable energy systems,” said Rich Electric Chairman Eric Chen. “We are excited to work with Fluence, leveraging its rich industry experience and advanced technology in providing a quality power supply that meets Taipower’s standards. Together with Fluence, we look forward to creating a sustainable future in Taiwan.”
In April 2022, Fluence was awarded the Taoyuan Longtan ultra-high voltage substation project. With an investment of over TWD 2.6 billion and a capacity of 60 MW, it will be the largest energy storage project in the Taiwanese public sector and will account for 37.5 percent of Taipower’s total storage capacity.
To date, Fluence has deployed or contracted more than 4.8 GW of energy storage systems globally.
Fluence SVP & President APAC Jan Teichmann, added, “Taiwan has become one of the most active energy storage markets in the Asia Pacific region. The growth momentum of the energy ecosystem is driven by a clear target and objectives for renewable energy and net zero emission set by the local government. Through this partnership with Rich Electric, we look forward to building a more resilient smart grid in Taiwan and accelerating the local energy transition.”
Fluence was created several years ago as an energy storage joint venture between AES Corp. and Siemens. It went public last year on the stock market.