CLOU Electronics, a player in the energy storage industry, has inked a battery energy storage system supply agreement with a distinguished energy enterprise operating in South America. This landmark agreement marks a significant step in the realm of sustainable energy solutions.
As per the terms of the contract, CLOU Electronics will provide the customer with a container-type battery energy storage system boasting a remarkable total capacity of 437MWh, delivered through Delivered Duty Paid (DDP) terms.
The trading party in this project is a renowned American enterprise known for its extensive expertise, boasting a workforce of over 2000 professional engineers specializing in power generation, energy storage, and digital energy solutions. The company’s products and solutions are widely utilized across the globe.
The project, powered by the company’s cutting-edge energy storage system solution, is poised to deliver outstanding performance, robust stability, cost-effectiveness, and swift installation. Upon the successful completion of this venture, it is expected to play a pivotal role in propelling the local power grid system towards a transition to renewable energy sources.
Bloomberg New Energy Finance reports that China, the United States, and Europe currently stand as the top three global energy storage markets. Notably, the European and American markets, due to their high level of electricity marketization and attractive profitability, have emerged as key strategic directions for leading Chinese energy storage enterprises.
CLOU Electronics, having entered the energy storage system integration domain in 2009, established its US Energy Storage Company in 2023. This commitment underscores CLOU’s dedication to meeting the stringent requirements of both domestic and international energy storage markets through localized teams, adherence to standards, efficient delivery, and robust sales strategies.
Within the US market, CLOU has successfully executed multiple projects, including the pioneering 24MW/63MWh large-scale lithium-ion energy storage project in Indiana, a 99MWh energy storage power station in Texas, and South America’s largest grid-side energy storage facility, boasting an impressive 485MWh capacity. International consulting firm Orenia revealed that in 2021, the top six independent energy storage operations in terms of profitability in the US were attributed to CLOU.
With 27 years of deep-rooted experience in the power industry, CLOU Electronics boasts a comprehensive understanding of the power generation, grid infrastructure, and energy consumption aspects that surpasses its competitors. The company has developed an impressive array of in-house control units in the energy storage field, encompassing Power Conversion Systems (PCS), DC/DC converters, Battery Management Systems (BMS), Energy Management Systems (EMS), and Operations & Maintenance Systems (O&MS). This rich suite of capabilities enables CLOU to excel across various energy storage applications.
Guided by a “user-driven” corporate ethos, the CLOU Energy Storage System (ESS) team remains committed to delivering a full spectrum of project lifecycle services. These services range from initial project assessments and on-site delivery to post-sales support, ensuring a rapid response to customer needs and the creation of enhanced value.
Looking forward, CLOU Electronics will maintain its focus on the two core business areas of “smart grid” and “energy storage.” The company remains steadfast in its pursuit of technological innovation and product development, contributing to the growth and advancement of the new energy storage industry and the global transition toward a low-carbon future. CLOU’s deep-rooted expertise and unwavering commitment to sustainable energy solutions position it as a trailblazer in the global energy storage landscape.