Does Solis have an off-grid battery energy storage system in Myanmar?

Solar tech leader Solis is making waves in Southeast Asia with its new energy solution — an off-grid Battery Energy Storage System (BESS) in Myanmar.

What is a battery energy storage system (BESS)?

BESS stands for Battery Energy Storage Systems, which store energy generated from renewable sources like solar or wind. The stored energy can then be used when demand is high, ensuring a stable and reliable energy supply.

How much does a Bess battery cost?

Factoring in these costs from the beginning ensures there are no unexpected expenses when the battery reaches the end of its useful life. To better understand BESS costs, it’s useful to look at the cost per kilowatt-hour (kWh) stored. As of recent data, the average cost of a BESS is approximately $400-$600 per kWh. Here’s a simple breakdown:

What is a Bess Solar System?

According to Solis, BESS is built to deliver efficient electricity from 8 a.m. to 7:30 p.m., even in less-than-ideal conditions. The system has a 450 kilowatt-peak solar capacity and six hybrid inverters — with a total output of 300 kilowatts — that help convert energy into usable electricity. BESS also boasts 668 kilowatt-hours of battery storage.

What factors affect the cost of a Bess system?

Several factors can influence the cost of a BESS, including: Larger systems cost more, but they often provide better value per kWh due to economies of scale. For instance, utility-scale projects benefit from bulk purchasing and reduced per-unit costs compared to residential installations. Costs can vary depending on where the system is installed.

What is a Bess power purchase agreement?

The system is also designed to reduce grid charging to near zero. Through a Power Purchase Agreement model, BESS supports long-term affordability and sustainability. This enables users to benefit from stable and low-cost electricity over time, setting a new benchmark for green energy access in the country.