byd-energy-storage-joins-hungary-chile-bess-projects-pushing-batteries-into-global-gridsA · FULL TRANSLATION
- Per JETRO, BYD's energy-storage arm joins large battery storage (BESS) projects in Hungary and Chile
- Shows Chinese battery firms extending from EVs to grid-scale storage globally
- Storage is a key link absorbing renewables and AI-driven power demand
Following the AI-power thread: JETRO reports BYD's energy-storage arm is joining large battery energy storage (BESS) projects in Hungary and Chile. Storage is the grid's power bank, holding intermittent solar and wind for release on demand, and one of the most favored infrastructure links as renewables penetration rises and AI data centers draw power. BYD extending from EV batteries to grid-scale storage replicates its manufacturing scale into global power markets. For Taiwanese and Japanese storage, battery and grid-equipment firms, it is the latest marker of the Chinese battery giant's global expansion to factor into competition.
(Translated from JETRO biznews.) BYD's subsidiary BYD Energy Storage is participating in large-scale battery energy storage projects in Hungary and Chile.