What is a Bess project?

The project aims to expand clean and reliable electricity access to approximately 75,000 households. The project marks Central Asia's first renewable energy initiative with an integrated BESS component.

Is China a good place to invest in Bess?

Foreign investment in the BESS sector is allowed, and the government is investing heavily in order to reach current targets. Technology providers are of the most interest in China as the country is still playing catch up with the United States and Europe as it relates to energy storage. India has vast potential for BESS.

What will be the Bess market like in Asia?

Even should the most modest projections hold true, the BESS market in Asia will see significant growth between now and the end of the decade, creating opportunities for overseas businesses. China is the most significant BESS player with Japan, India, and South Korea also making promising inroads.

Is foreign investment allowed in the Bess sector?

Renewables now make up more than half of power generation capacity in the country. Foreign investment in the BESS sector is allowed, and the government is investing heavily in order to reach current targets.

Is the Bess market rife with potential?

The BESS market in Asia is rife with potential, but a few obstacles are worth highlighting. First, certain technologies or services may be cost prohibitive in select markets. It is essential to understand what countries are a good fit from both a need and financial standpoint. Adequate infrastructure is proving to be a challenge as well.

Can a Bess be used as a solar PV inverter?

The PCS used for the BESS will need to comply with the same standards as solar PV inverters (such as IEEE-1547-2018). The concern that the utility has, however, is possible reactive and/or short circuit power contributions the BESS could still present to the grid.