Beam Global, a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that its Beam AllCell™ energy storage solutions have been selected by a leading provider of solar powered transport refrigeration units (TRUs).
The global refrigerated trailer market size was valued at USD 4.2 billion in 2023 and is forecast to grow to USD 6.3 billion by 2030, with North America and Europe experiencing steady growth in clean technology solutions for the industry driven by government initiatives and increasing consumer awareness.
“This order is another example of the diverse opportunities for growth afforded to Beam Global by our expansion into the energy storage space,” said Beam Global CEO Desmond Wheatley. “Beam AllCell energy storage solutions are the ideal choice for the superior performance that our customers demand and we intend to continue to uncover new opportunities to grow our revenues through the increasing electrification of all aspects of transportation.”
Beam AllCell™ energy storage solutions use patented PCC™ technology that enables more power in a smaller, lighter battery. The advanced thermal management capabilities of PCC™ technology also mitigate thermal runaway propagation, delivering superior safety and the ability to operate efficiently in hot and cold environments.