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China’s BYD Enters Australian Home Energy Storage Market

BYD, a Chinese electric car manufacturer backed by Warren Buffett, has decided to enter the energy storage market in Australia, saying there is large potential for the technology in Australian homes.
Cargo Container Sized Storage System

Cargo Container Sized Storage System

BYD has signed a distribution agreement with Australian company Fe Batteries for its home energy storage system called the DESS, as well as for its solar PV, LED lighting and solar street lamp products.

The energy storage market is being described as the “next big thing” in Australia, with installers and solar companies across the country reporting massive increase in inquiries.


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