Blog 22. 03. 2022 Written by: Eva Almašiová

Our battery storage brAIn has landed in Námestovo

The family of our smart battery storage systems brAIn by FUERGY keeps growing. After the installations in Senec and Humenné, this energy innovation has now been implemented in Central Slovakia. The storage system is installed at the premises of Yanfeng Slovakia Automotive Interior Systems based in CTPark Námestovo and besides saving costs it also harnesses locally produced solar electricity. The system was financed by the company GreenBat as part of the Energy as a Service model.

Custom-made storage

Like its predecessors, our latest battery storage brAIn by FUERGY has an installed capacity of 432 kWh. We have determined this capacity based on the energy analysis of the delivery point – more precisely its electricity consumption diagram, solar power generation, and all the technologies in operation that could potentially be regulated by the battery storage and the special FUERGY energy management system.

In order to achieve the maximum optimization and financial effect, it is important to determine an optimum storage capacity. As a result, the utilization of brAIn's storage capacity reaches up to 100 percent, and the solar system is utilized to up to 90 percent.

The chosen capacity also offers ideal conditions for its future scale-up. Especially because the company Yanfeng wants to further expand its existing 250 kWp rooftop solar system. With its high electricity consumption, including all the consumption specifics, this delivery point would easily accommodate up to four of such storage systems, which in total would represent just over 1.7 MWh of installed capacity.

Rooftop solar installation in CTPark Námestovo. Source: esolar.sk

Always getting better

What makes the new battery storage different from previous installations is the use of a new type of battery. In Europe, it is an absolute novelty providing a lifespan of more than 15 years guaranteed directly by the manufacturer. Of course, only if we treat the batteries with care just as our system does completely autonomously.

Compared to the previous generation of batteries with a lifespan of about 10 years, this is a major technological advance, proving that green technologies have a much brighter future than fossil fuels. A longer lifespan also means that an investment in solar panels installed together with brAIn storage, which is currently able to achieve a 3-year payback period, will generate the net profit not only for another 7 years but now it can be a pure revenue source for up to 12 years.

Inside of the battery storage system brAIn

Mass adoption of energy storage systems with the help of the private sector

Recently we have informed you about the purchase of our battery storage systems brAIn by FUERGY with a total capacity of 3.24 MWh by Slovenské elektrárne. As we mentioned, green technologies, be it battery storage or solar panels, are still quite expensive which often limits the access of the companies to these technologies. Luckily, future users of storage systems provided by Slovenské elektrárne will not have to worry about it.

This is also the case of our latest installation. However, the owner of the storage system is not Slovenské elektrárne but the company GreenBat. Through the Energy as a Service (EaaS for short) model, and in cooperation with GreenBat, we took care of everything from A to Z, so the customer was relieved of a number of administrative and technical tasks.

As you can see, investor interest in leasing battery storage systems is really high today. This technology just slowly becomes a new type of green investment product that both generates an interesting profit and facilitates the transition to renewable energy sources. And not only in the sunny South but also in the northern regions of Slovakia, such as in Námestovo.

What functionalities does this storage offer?

A reliable supply of electricity provided by the distribution company and technological processes which are less prone to power outages have a positive impact on the utilization of the entire storage capacity. This means that even the part of the capacity which could eventually serve as the energy backup is used primarily to regulate and optimize the electricity production and consumption of the delivery point, and thus to achieve the maximum financial effects.

What is more, battery storage has a much higher purpose. Storage systems can shift electricity consumption and production over time, thereby reducing the burden on the power grid. By providing the so-called regulation services, energy storage systems contribute to the overall stability of the electricity network and high quality of the electricity supply and thus efficiently replace traditional fossil fuel providers of these services.

Nothing but benefits! Don't you think? We believe that even in this case, the well-known saying "easy to get used to" will apply, and with the help of GreenBat we will soon meet the target of 1.7 MWh of installed capacity. Keep an eye on social media or subscribe to the newsletter.

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