UPA Installs 500KWh Environmentally-Friendly Containerized Battery from BYD

  UPA Installs 500KWh Environmentally-Friendly Containerized Battery from BYD

Business Wire

CHARLOTTE, N.C. -- November 05, 2012

BYD Ltd and Utility Partners of America (UPA) has put into service the largest
renewable-balancing battery systems for one of the largest investor-owned
utility companies in North America. The 40-foot, self-contained Energy Storage
Station (ESS) is located in south Charlotte and has several BYD-vertically
integrated components including a 200KW Bi-directional, UL-compliant BYD
inverter with BYD’s 500KWh Iron Phosphate battery -- the first rechargeable
chemistry that is completely environmentally-friendly. The battery contains no
heavy metals or toxic electrolytes and is capable of meeting strict
requirements for reliability, cycle and service life – the expected service
life of the Iron-Phosphate batteries is over 25 years. BYD mega-watt-scale
energy storage stations are installed in several locations in the US and are
rated at a 91% AC-DC-AC round-trip-efficiency but have shown actual
performance at this site as high as 95.3% -- a new benchmark for the ESS
industry.

BYD Energy Storage Station located in Charlotte, NC (can be sized from 500KWh
like this one, to 1 MW ...

BYD Energy Storage Station located in Charlotte, NC (can be sized from 500KWh
like this one, to 1 MWh in a 40 ft container) (Photo: Business Wire)

The KEY HIGHLIGHTS of the BYD ENERGY STORAGE SYSTEM:

  *Environmentally-friendly rechargeable battery chemistry containing no
    heavy metals, no toxic electrolytes and manufactured with no caustic or
    harmful materials.
  *Superior service life: Can be cycled more than 6,000 times (100% DOD).
  *Fire safe Chemistry is non-explosive and fire-safe even in direct flames.
  *Wider temperature range: Operates from 0C to 60C superior to Lithium-Ion.
  *Superior roundtrip efficiencies: AC-DC-AC efficiency shown to be as high
    as 94%, an industry benchmark high; DC to DC efficiency as high as 96%.

Todd Stone, UPA’s President and Founder said, “This project memorializes the
successful collaboration between UPA and its international and domestic
partners who banded together to make this project a success. It also marks a
very important day in the development of UPA’s Alternative Energy Solutions
(AES) Division which is responsible for the management of EVSE, photo voltaic,
and Energy Storage Systems.” Micheal Austin, BYD America Vice President
stated, “BYD believes that the only way we can make renewable power ‘relevant
to the grid’ is through distributed storage with firm ‘dispatchable’ capacity
– we are delighted to work with UPA to install this environmentally-friendly
energy storage system for one of the largest utility companies in the US.” BYD
has supplied more than 100Mwh in energy storage stations across China and the
world. For more information, visit BYD at www.facebook.com/bydcompany and
www.byd.com.

About UPA

Utility Partners of America (UPA) was formed in 1997 to fulfill the device
installation and home warranty service needs of the utility industry. UPA is a
full service utility contractor focused on the management of large scale Smart
Grid, Demand Response and Alternative Energy implementation projects and Home
Warranty service programs. UPA serves water, gas and electric utilities
throughout the United States and Canada. UPA's service offering includes
Project Management, Installation Services, Meter Reading, Meter Testing,
Recycling and Disposal, Quality Control, Inventory Management, Work Order
Management, Call Center Services, Data Management and Marketing. For more
information, visit www.utilitypartners.com.

About BYD

BYD is ranked #1 at the top of Bloomberg’s and BusinessWeek's 2009 Tech 100
List
(http://www.businesswire.com/news/home/20100520006751/en/BYD-Tops-Bloomberg-Businessweek%E2%80%99s-12th-Annual-Tech)
and is the leading manufacturer of advanced, environmentally-friendly battery
technologies like the BYD’s Iron Phosphate battery used in BYD electric
vehicles and electric busses. BYD’s solar panels and LED Lighting systems have
CEC, TUV/CE and UL listings, and the company enjoys rapid growth in consumer
electronics space and electrified transportation sector manufacturing under
its BYD brand. BYD is the fastest-growing Chinese automotive and green energy
technology enterprise. The Company trades on the Hong Kong Exchange (HKE)
under the ticker numbers (HK.0285 – BYD Electronics) and (HK.1211 – BYD
Company Ltd.), as well as on the Shenzhen Stock Exchange under the ticker
number (002594 - BYD Company Ltd.). For more information, visit www.byd.com,
www.facebook.com/bydcompany or email pr@byd.com.

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Contact:

UPA
Steve Rudd, 864-230-1130
srudd@utilitypartners.com
or
BYD
Micheal Austin, +1-800-BYD-AUTO
micheal.austin@byd.com