BYD to Create Wind Energy Storage Unit for LA
Los Angeles Energy Storage facility to handle 5 to 10 MW of electric power
Chinese electric car manufacturer, BYD, is slated to provide an energy storage unit for output from the Los Angeles Department of Water and Power’s (LADWP) wind power facility in the Tehachapi Mountains.
BYD signed a Memorandum of Understanding with the Los Angeles utilities company to develop an energy storage facility capable of handling 5 to 10 megawatts of electrical power. The energy storage unit will allow the LADWP to more easily deliver electricity sourced in renewable energy. The BYD energy storage unit will also help the Los Angeles utilities organization to comply with new California state legislation that sets a 2016 deadline for electric utilities to implement energy storage strategies and technology.
Since its main product is electric cars, BYD will use its improved name recognition to support the U.S. release of the e6 electric car slated for the end of this year. Electric cars need electric charging stations, so BYD has also worked out an agreement with the Los Angeles Department of Light and Power to build a public and residential network of those stations.
BYD counts Warren Buffet as one of its key investors, and it has been trying to find an appropriate inroad into the U.S. energy market. The planned BYD energy storage facility for the Los Angeles Department of Water and Power, as well as the e6 automobile rollout, will be a significant step in establishing a market presence.