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Thursday 28 December 2023
With major US orders in hand, battery maker FEII optimistic about 2024
Formosa Electronic Industries (FEII) has been actively shifting toward an energy aggregation business model. However, revenue and profits in the first three quarters of 2023 have...
Tuesday 19 September 2023
Taiwan's energy storage sector cools down, shifting to the heated U.S. and Japanese markets
The energy storage sector can be categorized into front-the-meter (FTM) and behind-the-meter (BTM). FTM systems require large-scale energy storage setups, while BTM systems primarily...
Wednesday 27 July 2022
Robust growth of battery storage systems in SEA and India
Battery storage systems (BESS) are becoming cheaper because of the rising popularity of electric vehicles (EVs). This allows BESS to have a more cost-efficient production cycle due...