Mars Renewable

€17.7 Billion State Aid Boosts Investment Value in Italy’s Electricity Storage – Martian Post📬007 The European Union (EU) Commission has approved a €17.7 billion state aid scheme, extending through 2033, to support the deployment of over 9 GW/71 GWh of electricity storage in Italy. This scheme is expected to speed up investments in the electricity storage. 🚀 The scheme provides annual payments to cover both investment and operating costs for large-scale energy storage projects. Notably, a key reform under the scheme is the creation of a new “time-shifting trading platform.” This platform will pool storage capacity and offer it to third parties as standardized time shifting products. Renewable energy producers can use battery storage assets to shift their electricity production from periods of over generation to times of scarcity, maximizing profits while enhancing grid stability. 💰 Through this platform, battery storage assets are expected to generate long-term stable cash flow, attracting investment and driving rapid growth in the battery storage industry. In Italy, Mars has successfully developed a gigawatt-level energy storage project pipeline. As a leading Battery Energy Storage System (BESS) solution provider, Mars provides not only reliable products but also client-oriented solutions and localized services in key markets such as Italy and Spain. Our comprehensive BESS solution is aiming to provide optimal BESS assets value to our partners. ✨ In MARTIAN POST📬, we share the most relevant technology and latest market insight in BESS industry, and please let us know the areas you would like to know more about BESS! 😉 #BESS #EnergyStorage #RenewableEnergy

👀 We are Hiring! 🚀 We are looking for C&I BESS Sales Manager in Germany and Benelux region. If you are passionate about sales, have a proven track record of success, and are ready to take on a challenging role in a rapidly growing company, we would love to hear from you! 🤗 📩 Contact us with hr@marsrenewable.com 🚅 Find more position details: https://lnkd.in/dAuRj6NT

Heatwave Strikes Europe, Virtual Power Plants Draw Attention--Martian Post📬006 ♨A summer heatwave has hit many regions in Spain and Italy, causing a surge in electricity demand. Meanwhile, the integration of more fluctuating renewable energy into the grid adds another layer of challenges to maintaining stability. To address this issue, virtual power plants (VPPs) as an important provider for charge flexibility are gaining significant attention and are gradually being incorporated into the power system. 🧐What is the Virtual Power Plant? A VPP utilizes information management technology to monitor, forecast, optimize, and trade electricity generated by distributed energy resources, including power generation units, such as PV panels and wind turbines, as well as flexible power consumers, including EV chargers and battery energy storage systems (BESS). 🎏Participation Types There are two main types of VPP participation: the demand side and the supply side. On the demand side, when the grid is stressed, a VPP can employ policy incentives to reduce power demand across its assets, resulting in a significant impact on the grid without noticeably affecting users. Demand-side asset owners can also gain revenue through these incentive policies. On the supply side, electricity generated or stored by solar panels, energy storage systems, or even EV chargers can be sold to the grid for revenue when electricity demand exceeds supply. These participation methods effectively provide flexible charge to the grid, maintaining its resilience. Concurrently, the VPP allows small or less stable power generators, such as EVs in Vehicle-to-Grid scenarios, to participate in the market, which might not be possible without the aggregation capabilities of a VPP. 🎢Future Trend VPPs are rapidly developing worldwide. In 2022, the cumulative installed capacity of global VPP projects reached 21.2 GW; by 2025, the cumulative installed capacity is expected to reach 58-60 GW, according to the 2023 China Virtual Power Plant White Paper. As a key participant in the VPP, BESS has a profound impact on the digital and intelligent development of the renewable energy industry.   In MARTIAN POST📬, we share the most relevant technology and latest market insight in the BESS industry, and please let us know the areas you would like to know more about BESS! 😉

The Olympic Trial: Paris' Power Puzzle and the Energy Storage Solution—Martian Post 📫 005 ⚡Power Outage & Negative Electricity Price💸 In the early days of the Paris Olympics, 85,000 residents in Paris were plunged into complete darkness for only 10 minutes due to a power outage caused by a sudden surge in electricity demand. Interestingly, just a month earlier, in June, France experienced negative electricity prices due to an unexpected surge in electricity production while the demand was relatively weak. Negative price is not unique to France; many other European countries, such as Germany and Austria, have also experienced it in recent years. 🧐How does this occur? The Paris Olympics, touted as the "greenest ever Olympics," is heavily reliant on renewable energy like wind and solar power. The excess electricity in June also stemmed from these renewable sources. The inherent instability of renewable energy—lacking consistent and manageable power output—can trigger power outages when demand exceeds supply and negative electricity prices when supply surpasses demand. People use "duck curve" to describe the imbalance between peak demand and power generation over the course of a day. Such imbalance can be detrimental to the stability of the electricity grid and can significantly reduce returns for renewable energy investors. 😊Energy Storage is the Solution🎈 Mars firmly believes that energy storage is a vital solution to the instability of renewable energy generation, and our co-location BESS solutions are ready for the local clients. Our advanced solutions help renewable investors reverse losses and optimize their investment returns in the face of renewable energy volatility. Moreover, we prioritize localization by establishing local teams and service networks in key European markets. This ensures that whenever you need us, we will always be here for you, providing support in a way that is familiar and comfortable for you. In MARTIAN Post📫, we share the most relevant technology and the latest market insight in BESS industry, and please let us know the areas you would like to know more about BESS! 😉 #BatteryStorage #BESS #RenewableEnergy #Olympic

Air-Cooling and Liquid-Cooling Battery Thermal Management Systems: Careful Selection is Crucial - Martian Post📫004 🧐The Role of BTMS💥 The battery thermal management system (BTMS) maintains the batteries temperature within a safe and efficient operating temperature range. It plays a crucial role in preventing thermal runaway, which can lead to severe fires or explosions. Therefore, effective battery thermal management is essential for ensuring battery safety. Currently, there are two main thermal management systems: air-cooling and liquid-cooling.   You can see the PROS and CONS of each system in the image below. 👇 🚀Future Trend 🎢 The selection of BTMS is a comprehensive consideration of safety, economic efficiency, cooling performance, environmental factors, and battery pack design. In the early stages of the battery storage industry, there is a high demand for small scale battery storage systems. Considering economic factors, air-cooling systems, which can meet the heat dissipation needs of these small systems, have achieved high market penetration. However, with the increase in C&I and utility scale battery storage projects, the market penetration of liquid-cooling systems is on the rise. 🌞What We Provide at MARS RENEWABLE🌟 The careful selection of the appropriate BTMS is crucial for the performance of battery storage systems. At MARS RENEWABLE, we are experts in unlocking the full potential of renewable energy for our customers. We provide advanced BTMS with dynamic thermal management. While ensuring the safety and reliability of the energy storage system, our leading design can also significantly reduce auxiliary energy consumption by pre-heating or pre-cooling the battery before operation and utilizing evenly distributed piping at both the pack and system levels, thereby minimizing the LCOS for our customers. In MARTIAN POST 📫, we share the most relevant technology in BESS industry, and please let us know the areas you would like to know more about BESS! 😉

👀 We are Hiring! 🎯 We are looking for the following Martians for our global business： 📍 Spain Solution Engineer ❗ BESS Project Developer 📍 Italy Project Developer - Grid Connection❗ Senior Legal Counsel 📩 Contact us with hr@marsrenewable.com 🚅 Find more position details: https://lnkd.in/dC4Jj_pV

Beyond Price Competition: Quality and Service First- Martian Post📫003 As of 2024, competition in energy storage industry has intensified. The number of storage companies has surged, with more than 40,000 new energy storage-related enterprises established each year since 2022. Currently, the production capacity of energy storage cells far exceeds 500 GWh, while the industry demand is only around 300 GWh. This surplus has led to intense price competition. While low prices can reduce costs for end users, declining profits for manufacturers inevitably result in lower product quality, ultimately harming users. Therefore, such a low-price war is unsustainable. As the electricity trading system continues to develop, energy storage customers are increasingly focused on whether energy storage solutions and services can maximize their economic benefits. Consequently, the flexibility of energy storage systems, the accuracy and advancement of solutions, and operation and maintenance services have become key focuses for energy storage system integration companies. These aspects, in addition to product itself, are ways to help energy storage companies escape price competition at the expense of quality and provide greater value to customers. As a BESS (Battery Energy Storage System) technical solution provider, Mars understands clients' demands, minimizes LCOS (Levelized Cost of Storage) for each project, and provides optimal value by delivering high-quality products and building a more comprehensive and client-oriented solution & service system. With this in mind, we prioritize localization by establishing local teams and service network in key Southern European markets. This ensures that whenever you need us, we will always be here for you, providing support in a way that is familiar and comfortable for you. 🚀🌞

👀 Looking for Martians! 🚀 We are looking for the following Martians for our global business: 📍Shanghai - Service BD Associate Director - CEO Assistant 📍Suzhou - Application Engineer - Mechanical Engineer - Procurement - Thermal Design Engineer 📩 Contact us with hr@marsrenewable.com 🚅 Find more position details: https://lnkd.in/dF_jQvjz #hiring #energystorage

Expanding Capacity: A Growing Trend in Battery Cells - Martian Post📫 002 🎢Expanding Cell Capacity🚀 Cell capacity refers to the total amount of electrical charge stored in a battery cell. Over the past two years, the capacity of lithium-ion battery cells in China's battery storage industry has seen significant growth. In 2020, 280Ah battery products entered the market, followed by the introduction of 300Ah+ capacity energy storage cells shortly after. By mid-2023, leading Chinese cell manufacturers launched ultra-large cells exceeding 500Ah, nearly doubling the cell capacity. 🦔 Motivation and Concerns 😖 The primary motivation driving the increase in cell capacity is cost reduction and market expansion. Larger capacity cells provide greater energy density within the same volume, reducing overall energy storage system costs and boosting project revenues. However, this rapid capacity growth has also sparked considerable controversy. Many battery technology researchers have expressed concerns in the media about battery safety; higher capacities increase the risk of thermal runaway incidents. Therefore, 280Ah cells remain the mainstream choice in the market for safety considerations. Nevertheless, with the ongoing development in cell safety technology, the trend towards larger capacities remains a visible future direction in the battery storage industry. In MARTIAN POST📫, we share advanced technology in the energy storage industry and look forward to hearing from you! 

The Rise of Sodium-Ion Batteries in China's Energy Landscape - Martian Post📬001 ✨ Sodium-Ion Batteries in China ✨ In China's energy storage industry, 2023 marked the "inaugural year of mass production" for sodium-ion batteries. Since then, Chinese enterprises have introduced self-developed sodium battery vehicles and sodium-ion battery cells into the market. Moreover, the country's first large-scale sodium-ion battery energy storage project commenced operations in Nanning, Guangxi in May 2024, initially providing a storage capacity of 10 MWh. Once fully developed, the project is expected to reach a total capacity of 100 MWh. According to EVTank, a Chinese research center, sodium-ion battery shipments are anticipated to reach 347 GWh by 2030, reflecting a compound annual growth rate (CAGR) of 58.1% from 2024 to 2030. 🎭 Pros and Cons 🎭 Compared to lithium-ion batteries, sodium-ion batteries excel in cost efficiency and safety but have lower energy density. They are anticipated to be 20% to 30% cheaper than lithium-ion batteries and boast a wider operational temperature range, functioning from -40 to 80 ℃. However, their energy density is lower than that of lithium-ion batteries, making sodium-ion batteries more suitable for applications where maximizing energy capacity is not the primary concern, such as C&I energy storage or micro cars.   In MARTIAN POST📬, we share advanced technology in the energy storage industry and look forward to hearing from you! Image: Xinhua News Agency