New HOrizons Ahead (NHOA) secured more than 600MWh of contracted battery storage projects in October, including a new 420MWh order from its majority shareholder TCC in Taiwan.
The energy transition technology company said recently that Taiwan Cement Corporation has selected it as supplier for two battery energy storage system (BESS) projects totaling 160MW/420MWh.
The pair will deliver frequency regulation ancillary services to transmission system operator Taiwan Power Corporation (Taipower). Taipower’s frequency regulation market was launched in 2020 and the grid operator is thought to be procuring about 590MW of energy storage capacity for it over the next four years through tenders.
NHOA’s projects will be deployed at a cement plant (110MWh) and an industrial park (310MWh) and will be owned and operated by TCC Group. NHOA said that the Taipower frequency regulation is among the most advanced and challenging ancillary services schemes in the world as it overlaps a number of different services including frequency regulation and load-shifting.