With the developing technology and the diversification of energy needs and resources, stand-alone energy storage systems or energy storage systems integrated into power generation plants are gaining importance and growing their market. YEO offers turnkey solutions for Battery Storage Systems, including R&D, system design, production, operation, and maintenance stages.
Through energy storage solutions, YEO aims to ensure the sustainability of the energy supply and demand balance of renewable energy generation plants, power grids, industrial and commercial facilities, and households.
The global installed capacity of energy storage systems, which reached 10 GWh in 2020, is expected to reach 194 GWh in 2030.
The market size of the energy storage system, which is expected to grow by 35% each year, is projected to increase to approximately 45 billion dollars in 2030.
In addition to turnkey EPC solutions, YEO aims to get a share from this market and contribute to sustainability in this field with its 100 percent subsidiary Reap Battery brand and production facility.
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