BYD to Supply Batteries to Energy Storage Leader Green Charge

First Installation is 3 MW/6 MWh System at Mt. Tom Solar; Largest
Utility-Scale Energy Storage Installation in Massachusetts

SANTA CLARA, Calif.–(BUSINESS WIRE)–#ENGIE—Green
Charge, an ENGIE Company, today announced that BYD
is now supplying batteries to Green Charge. Green Charge’s first
installation of BYD batteries will be for the recently
announced six-megawatt-hour system adjacent to ENGIE’s Mt. Tom Solar
farm to serve Holyoke Gas & Electric in western Massachusetts. Designed
to optimize intermittent solar energy and contribute to rate
stabilization for Holyoke Gas & Electric customers over the next 20
years, this energy storage project will be the largest utility-scale
energy storage installation in Massachusetts. To date, BYD has installed
more than 550 MWh of energy storage systems worldwide.

“BYD has a proven track record with product at scale production,” said
Vic Shao, CEO at Green Charge. “Our first installation of utility-scale
energy storage with Holyoke Gas & Electric is an extremely important
milestone not just for Massachusetts but for customers benefiting from
reduced utility capacity costs all while reducing stress on the HG&E
grid system.”

Green Charge is the number
one energy storage company as named by Navigant Research. Green
Charge develops turnkey grid scale energy storage projects and has a
strong history of developing commercial and industrial projects.

“We are pleased that BYD was chosen by Green Charge as its trusted
partner for this project with Holyoke Gas & Electric based on our global
expertise in battery technology and energy storage,” said Micheal
Austin, BYD Vice President. “BYD has led the charge to improve the way
we power our communities, and we will continue to lead as the only
storage supplier that not only manufacturers rechargeable cells, but
also the bi-directional inverters integrated in grid-tied containerized
systems. BYD is helping make the transition to renewable energy
possible.”

As one of the world’s leading new energy technology companies, BYD has
shipped approximately 1-GW worth of solar modules in the U.S and has
captured nearly 50-percent market share in the frequency regulation
energy storage market – or about 25 percent of the entire American
energy storage market. In addition, BYD is the largest consumer electric
vehicle and electric bus manufacturer in the world.

About Green Charge:

In 2017 Green Charge was named the number one distributed energy storage
company by Navigant Research. Green Charge has been designing and
deploying commercial energy storage since 2009, with systems installed
throughout the United States. As part of ENGIE, the largest independent
power producer in the world, Green Charge’s mission is to use energy
storage to power the world efficiently and sustainably. Our team
consists of top energy storage industry experts who provide
performance-based solutions to optimize the value of energy for our
customers. Our ecosystem of solar, EV charging, and energy efficiency
experts allows our customers to combine energy storage and renewables
easily and economically. Visit www.greencharge.net
for more information.

About BYD

BYD is the world’s largest manufacturer of electric vehicles.
Specializing in battery technologies, BYD’s mission is to solve our
global energy challenge of reducing dependence on fossil fuels for
transportation and power production. This model has made BYD an industry
pioneer and leader in several high-tech sectors including
high-efficiency automobiles, electrified public transportation and
medium- and heavy-duty trucks, electric forklifts, energy storage, and
solar power generation. BYD is the global leader in battery electric
buses with more than 27,000 buses in service in communities in North
America, South America, Asia and Europe.

As the world’s largest manufacturer of rechargeable batteries, their
mission to create safer and more environmentally friendly battery
technologies has led to the development of the BYD Iron Phosphate (or
"Fe") Battery. This fire-safe, completely recyclable and incredibly
long-cycle technology has become the core of their clean energy platform
that has expanded into automobiles, buses, trucks, utility vehicles and
energy storage facilities. BYD and its shareholders, including Warren
Buffett, see these environmentally and economically forward products as
the way of the future. For more information, visit www.byd.com/usa/energy.

Contacts

Green Charge
Anne Smith, 408-313-8089
[email protected]
or
BYD
Shaun
Kadlec
[email protected]