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NHOA wins energy storage contracts for over 620 MWh in Dec – EQ Mag

NHOA wins energy storage contracts for over 620 MWh in Dec – EQ Mag

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NHOA SA (EPA:NHOA), formerly Engie EPS, has won contracts for the delivery of more than 620 MWh of energy storage systems during the month of December.

The company, which offers e-mobility and electric vehicle (EV) fast charging infrastructure in addition to energy storage, said in a statement that the contracts come from North America, Australia and Asia. It plans to provide further information “in due time”.

NHOA noted that these awards far outperform the expectations it shared at the start of December when it said it was the preferred bidder in Asia and the US for around 150 MWh of contracts.

The firm reconfirmed its full-year 2022 forecast for a consolidated revenue of slightly more than EUR 160 million (USD 170.7m) and added that it sees its year-end backlog at between EUR 280 million and EUR 290 million. Projects for about 1,400 MWh are currently in execution.

(EUR 1 = USD 1.067)

Source: renewablesnow
Anand Gupta Editor - EQ Int'l Media Network