The user-side energy storage site in Eastern Taiwan showcases neatly arranged Billion Watts' commercial and industrial energy storage systems.
As the demand for commercial and industrial (C&I) electricity continues to rise, businesses are facing dual pressures of insufficient power supply and increasing electricity rates. According to data from Taiwan's Bureau of Energy, electricity demand is projected to grow at an annual rate of 2.03% from 2023 to 2029, with peak load growth reaching 2.04%. This trend is particularly prominent in the semiconductor and electronics manufacturing industries. Additionally, high-voltage users face a peak-to-off-peak electricity price difference of up to TWD 7 per kWh, with some high-energy-consuming industries experiencing electricity rate hikes of up to 14%, further challenging operational costs. In response, Billion Watts Green Energy, a subsidiary of Billion Group (Stock Code: 3027), offers diversified solar-plus-storage solutions to help enterprises address electricity price pressures. By leveraging price arbitrage models and peak-to-off-peak load-shifting strategies, Billion Watts enables businesses to enhance energy efficiency, promote sustainability, and achieve win-win outcomes.
Taiwan’s Power Supply and Demand Challenges: Solutions in Sight
In Taiwan, where land is scarce and densely populated, distributed energy systems and demand management are critical to addressing energy allocation challenges. The rising electricity demand driven by science parks, AI computing data centers, and industrial upgrades has highlighted a growing imbalance between regional supply and demand. For example, the southern high-tech industrial zone is increasingly reliant on stable power while grappling with tight supply. Delayed progress in natural gas and renewable energy projects further exacerbates the strain.
Amid difficulties in expanding power generation ("Developing new sources"), Taiwan urgently needs to explore "energy conservation" strategies to optimize existing resources and mitigate supply-demand imbalances. Investing in behind-the-meter energy storage systems provides enterprises with practical solutions such as virtual power plants (VPPs) to balance electricity supply and demand. These systems can be dispatched by utilities during peak hours or shortages, playing a crucial role in grid stability. By aggregating resources such as microgrids, load adjustments, electric vehicles, and behind-the-meter solar-plus-storage systems, energy storage systems can store surplus power and release it during peak periods, reducing both power loads and costs.
Billion Watts offers innovative cooperation models, including profit-sharing energy savings plans, enabling businesses to adopt behind-the-meter energy storage systems at minimal cost. These models promise annual returns of 10% to 20%, helping enterprises achieve a balance between electricity price arbitrage and energy conservation.
Billion Group and Billion Watts team showcase solar, storage, and charging solutions at 2024 “Energy Taiwan” and “Net-Zero Taiwan Energy” Exhibition, garnering high praise for cutting-edge technology.
Diversified Green Energy Applications and Business Models Help Enterprises Tackle Rising Electricity Costs
Billion Watts, one of the few energy companies deeply integrating solar, storage, and monitoring technologies, leverages the resources of the Billion Group to offer locally manufactured green energy products and customized battery systems. This ensures stringent quality control standards. The Billion Group’s proprietary brand, Billion, offers a wide range of green energy products, including photovoltaic inverters, energy storage systems, and EV charging stations. Among these, the Fusio One 100kW/215kWh Commercial & Industrial All-in-One Energy Storage System features modular design for ease of installation and operation, coupled with advanced energy management technology, making it an ideal choice for businesses facing high electricity prices and market volatility.
Billion Watts addresses market demands with innovative technologies and exceptional services, highlighting the pivotal role of energy storage technology in energy transitions. To date, Billion Watts has serviced over 1,500 solar power plants with a total monitored capacity of 550 MW and completed the installation and grid connection of over 350 MW of solar inverters. Notably, Billion Watts has developed Taiwan’s first large-scale energy storage site in the Yunlin-Chiayi region, a 64MW/262.43MWh E-dReg project. Expected to begin operation in the first quarter of next year, the site will provide energy transfer and dynamic regulation services for grid frequency stabilization. This achievement not only demonstrates Billion Watts’ technical leadership in Taiwan’s energy storage market but also underscores its active contribution to energy system stability.
Successful completion of Yunlin 64MW/262.43MWh E-dReg project, ready to Join Taipower’s energy trading platform next year.
Billion Watts continues to expand its market influence by actively venturing into behind-the-meter markets and establishing virtual power plants. Recently, the company completed multiple behind-the-meter energy storage installations for major power users. By the end of the first quarter of 2025, it plans to deploy 2.6 MW of behind-the-meter energy storage resources, joining real-time reserve bidding and energy price arbitrage operations.
Global expansion efforts in the energy storage market have also yielded significant results. Collaborating with partners, Billion Watts has recently developed several solar-storage microgrid projects in Palau, Tuvalu, and the Marshall Islands, with a total capacity of 350kW/1978kWh, providing a model solution to address power shortages in Pacific Island nations. Meanwhile, Billion Watts is actively targeting other high-potential markets, focusing on Japan's JEPX and Australia’s NEM power trading markets since the third quarter of this year. The company aims to complete 20 MW of grid-connected energy storage and solar-storage projects by next year.