New commercial successes for STIF in the BESS sector

STIF, a specialist in explosion protection, announces a diversification of its customer base in the Battery Energy Storage Systems (BESS) sector. In response to growing demand, international industrial groups are calling on STIF, thus expanding its customer base.

Asian groups CATL and BYD, as well as HITACHI in Japan, have placed orders for explosion-proofing devices. In Europe, SIEMENS ENERGY is now using STIF solutions. The company attributes this success to its efficient distribution network and targeted sales approach.

STIF's flagship product, DUAL-VENT, designed to reduce the fire and explosion risks of BESS, is enjoying great success. This innovative product meets NFPA 68 and 69 standards, positioning itself as a competitive solution on the market. SIEMENS ENERGY has already started using it.

The BESS sector, valued at $13 billion in 2023, is expected to reach $43.9 billion by 2030. STIF continues to strengthen its position in this area, with revenue up 69.3% in the first half of 2024, reaching €27.7 million.