BYD to provide energy storage solution for LA
BYD, a China-based electric car manufacturer, is expanding into the U.S. energy market and has signed a Memorandum of Understanding with the The Los Angeles Department of Water & Power to provide storage for its renewable energy sources.
Under the agreement, the Warren Buffet-backed company will develop a 5- to 10-megawatt power storage unit for the LADWP that will be housed at the utility's wind power facility in the Tehachapi mountains. The storage unit will help LADWP expand its delivery of renewable energy, and will help it comply with a recently passed California state bill that requires electric … Read more