Based on strong market demand and market prospects that have not been released in the past few months, GE plans to triple the capacity of GE's photovoltaic equipment and ESS energy storage products to 9 GW per year by the end of 2022.
Associated equipment systems are manufactured at GE's new renewable hybrid plant. In early 2022, General Electric announced the construction of a renewable hybrid vehicle manufacturing facility in Vallam, near Chennai, India. The facility manufactures GE's power conversion solution called FLEXINVERTER (formerly LV5+), as well as FLEXRESERVOIR, and supports their integration with the FLEXIQ solution in GE Renewable Hybrids' FLEX portfolio, which is designed to address customer concerns about dispatchable , green power demand for photovoltaic, storage and hybrid applications.
"Photovoltaics and ESS energy storage batteries will continue to be key drivers of hybrid systems driving the energy transition," said GE Renewable Hybrid CEO. "GE is committed to providing cutting-edge technologies around power conversion solutions and software controls to meet the Growing customer demand in the hybrid segment. Our new plant has been scaled up to meet growing industry and customer demand.”
In the past fifteen years, GE has continued to provide independent photovoltaic inverters and photovoltaic power station products to global customers, and took the lead in introducing 1500V technology into the industry in 2012, helping customers reduce energy costs through more efficient project layout.
GE offers a variety of hybrid-related products. FLEXINVERTER is a key component of GE's renewable hybrid FLEX portfolio, which includes FLEXRESERVOIR and FLEXIQ technologies. FLEXRESERVOIR is a system-integrated battery energy storage and power electronics solution for multiple configurations and market applications. FLEXIQ is a digital platform that provides design, operations and fleet management solutions to achieve grid compliance and maximize lifetime customer value.
