Economic Daily / Business Information / Semiconductors / ECO Development of Energy Storage and Solar Photovoltaics

Economic Daily / Business Information / Semiconductors / ECO Development of Energy Storage and Solar Photovoltaics

ECO develops energy storage and solar photovoltaics and actively invests in energy technology services

Affected by the deteriorating environment due to climate change, the global active promotion of "renewable energy" has become a mainstream trend. Taiwan has also set a goal of 20% of renewable energy in 2025.

ECO Energy was established in October 2018 and actively invests in energy technology services. The energy storage and solar photovoltaic businesses have taken advantage of the construction experience of the major shareholder Hantang Integration. General Manager Shi Dongyi said that in response to the policy of the Council of Agriculture this year, with the spirit of promoting agriculture as the mainstay and green energy as the supplement, develop refined agriculture and combine solar energy and energy storage application technologies to break through the use of renewable energy.

Shi Dongyi said that ECO plans to develop exquisite farms in Taoyuan or Miaoli. Different from traditional soil and hydroponic farming, it uses advanced technology to grow high-priced fruits and vegetables to create more opportunities for young people to return to their hometowns for employment.

Taiwanese enterprises use 65% of electricity during the day and about 35% at night. The demand for electricity during the day is large, and the peak load is too high, resulting in insufficient reserve capacity ratio, which is the core of the problem. Aiming at the problem of uneven power consumption in enterprises, ECO recommends "off-peak charging and peak discharge" to smooth the peak load difference, reduce enterprise contract capacity, etc., and invest in energy storage.

 Money News ECO Energy Story

The government vigorously promotes the development of green energy, and the importance of energy storage is increasing day by day. ECO Energy uses its own battery material formulations to outsource production, has independent development capabilities for PCS, BMS, and EMS, and cooperates with Chunghwa Telecom's cloud solutions to jointly establish a "Smart Energy Network" to provide stable, efficient and high-quality maintenance operations Power consumption experience to strengthen the competitiveness of the development of energy storage.

News source-Economic Daily: https://money.udn.com/money/story/5735/4968146