Battery storage firm Younicos reports 2016 jump in new contracts
Younicos
German-American energy storage company Younicos says it landed contracts during 2016 to build systems able to hold 75 megawatts (MW) of electricity, which if completed would mean a 60 percent increase in systems either installed or under construction. The battery storage industry is being embraced by commercial and industrial clients and moving beyond just grid-scale use, CEO Stephen L. Prince said in a press release. As solar PV costs fall and self-consumption increases, grid charges will increase, further strengthening the basis for businesses to buy their own storage systems, said the head of the company, which is based in Berlin and Austin, Texas.
Read the press release in English here.
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