Energy storage company Younicos was awarded 75MW of contracts in 2016 representing a 400% growth in bookings year-on-year.
The German firms record year came the first year under the stewardship of CEO Stephen L. Prince.
The battery storage integrator now has a total of 200MW of systems either installed or under construction, as well as a qualified pipeline of deals worth a total of 1.2 gigawatts over the next two years.
Prince said: “While the 49MW battery system we are designing and delivering for Centrica in the UK is a cornerstone of this year’s success, we made very significant progress in many other areas as well.
“I’m most pleased by the fact that we continue to lead the industry as battery storage moves beyond grid-scale use cases to now be embraced by downstream energy users, such as commercial and industrial (C&I) clients.”
The past year saw Younicos sign its first orders for the plug-and-play Y.Cube storage solution in both the US and UK, for use in PV+storage and C&I applications.
Prince added: “Energy generators and distributors, and indeed large energy users, understand that batteries are an economically attractive and reliable asset to optimise energy production and consumption.
“The steadily declining costs of battery storage have created compelling business cases behind the meter, particularly when combining various storage applications.
“As solar PV costs fall and self-consumption increases, grid charges will increase, thus strengthening the business case for C&I storage — particularly co-located PV+storage solutions.”
Picture: CEO Stephen L. Prince.