Younicos increases bookings 400% in 2016 to 75 MW
The battery storage company ends 2016 with an order pipeline of 1.2 GW through to the end of 2018, latest reports show.
January 6, 2017 Ian Clover
Berlin-headquartered battery storage company Younicos was awarded contracts totaling 75 MW in 2016 – a 400% increase on bookings against 2015. Cumulatively, Younicos now has 200 MW of storage systems installed or under construction, while its pipeline for the next two years totals 1.2 GW, the company has confirmed.
Notable achievements in 2016 saw Younicos place its first orders for its Y.Cube plug and play storage solution in the U.K. and the U.S. This battery has been designed for installation at commercial and industrial (C&I) sites, acting as both a micro-grid and grid-scale ancillary service provider.
“I’m extremely proud of the entire Younicos team, both on the technical and commercial side, for all that we achieved in 2016,” Stephen L. Prince, Younicos’ CEO, said. “While the 49 MW battery system we are designing and delivering for Centrica in the U.K. 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 CEO added that steadily declining battery storage costs are creating a compelling business case for behind-the-meter storage, and – combined with tumbling solar PV costs – self-consumption and energy independence is likely to continue to increase.
“This strengthens the business case for C&I storage,” Prince said, “particularly co-located PV+storage.”
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