GCL System Integration and Powin Energy Announce Joint Venture to Deliver Energy Storage Solution
CEO Insights team
“GCL SI has supplied over 18 GW of solar power globally since 2015. We are happy to see large growth in renewable deployments, but we also see the challenges intermittency poses to grid operations,” remarks Eric Luo, Chairman, GCL SI. “Powin is a U.S. based, world leading designer and developer of energy storage solution, it has delivered over 200 MWh projects and holds a global pipeline of more than 6 GWh, we are proud to partner with it, the new G-Powin JV intends to collaborate on front-of-the-meter energy storage solutions for grid support to better integrate and increase capacity, and look forward to integrating are matching expertise to create even greater value for customers,” adds Eric.
Commenting on this development, Senior Vice President of Powin, Danny Lu says, “Unlike many of our competitor's energy storage solutions, our proprietary BMS and EMS platform, battery modules and battery stacks were developed with a sole focus on the energy
With Powin's patented battery management system, we have high confidence in our ability to deliver a safe and cost-competitive product to answer the unique needs of each customer in every corner of the region
storage market and applications rather than re-purposed based on electric vehicle designs.”
Hui Wu, Vice President of GCL-SI energy storage solution explains, “The Australian grid continues to face volatility, with strict output control negatively impacting the profit of system owners. Utilising the G-Powin BESS solution we think it is the right time to enter the Australian market to resolve this volatility. At the same time, this partnership places us in good stead to strengthen power supply in neighbouring regions. For instance, Vietnam's goal of strengthening its grid with the integration of more renewables will require more efficient storage solutions.” He further adds, “Likewise, in South Korea, the G-Powin systems lithium-ion phosphate batteries offer a more stable and safer alternative to conventional Nickel Manganese Cobalt batteries. With Powin's patented battery management system, we have high confidence in our ability to deliver a safe and cost-competitive product to answer the unique needs of each customer in every corner of the region.”
GCL System Integration currently has operations all over the world and has five-module production bases in mainland China and one in Vietnam, with a production capacity of 6GW, and an additional 2GW of high-efficiency battery capacity, making it a world-class module producer. Correspondingly, Powin Energy has pioneered a cost-effective, safe and scalable battery energy storage system that is purpose-built for the demands of utility-scale, commercial and industrial, and microgrid applications. Thus, this joint venture is a positive reassurance to the sustainable energy goals of its client base in the Asia-Pacific region.