Who is olipower energy & automation technology?

OLiPower Energy & Automation Technology is a leading expert on energy storage systems and power battery overall solutions in the industry. Specialized in the R&D, system integration, manufacturing, sales management and engineering practice on distributed energy storage systems, battery pack solutions and BMS.

How can San Marino reduce emissions?

Entirely dependent on external imports for fuel and energy production, its strategy to cut emissions is to improve energy efficiency in buildings while developing infrastructure for solar power generation. One of the smallest countries in the world, San Marino depends entirely on imports for fossil fuels and energy.

Who is WECO & how does it work?

Among them is WeCo, a family-owned Italian firm based in Scarperia, 30km north of Florence, which has experienced rapid growth since its 2015 launch. WeCo imports and markets lithium-ion battery energy storage systems (Bess) that are produced by a Chinese subsidiary.

Where are WECO batteries used?

While Italy remains by far its largest market, WeCo’s batteries are used everywhere, from rural communities in remote parts of Africa, Australia and Micronesia, to Médecins Sans Frontières hospitals, to homes across Europe and the US.

Why did WECO switch to the Bess market?

First established as an installer of wind and photovoltaic plants, WeCo quickly switched to the Bess market — an often overlooked segment of the energy transition. As sales director Marco Falorni says: “Without storage systems, renewables have limited development”.

Does WECO have a domestic market?

So far, the Italian company has anchored its rapid growth mostly to the domestic market. Thanks to the government’s fiscal incentives for domestic solar applications, WeCo’s domestic market will continue to see double-digit percentage growth in installed capacity until 2025, according to the company’s 2021 annual report.