Tesla-SolarCity could become an energy equivalent to an Uber or AirBnB, with a merger between the two creating “an integrated sustainable energy company, which does not own any centralised generation assets”, one expert has commented.
Swiss Green Electricity Management Group (SGEM), an investor in energy storage projects, has announced a 20MW / 10MWh battery storage system for PJM Interconnection’s frequency regulation market, to be supplied and built by Leclanché.
Energy storage systems from Mercedes-Benz will be supplied with batteries manufactured at an expanded plant in Germany which the company has just announced, but has declined to reveal the production capacity.
Chinese inverter manufacturer Sungrow has supplied its inverter and battery storage technologies to a large-scale solar-plus-storage microgrid project in a remote area of Tibet.
A solar power plant owned by Vermont utility Green Mountain Power saved the utility’s quarter of a million customers US$200,000 in one hour by drastically reducing peak demand.
The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.
Strategic planning of Chinese industry at a state level could see electrical energy storage installations grow in importance, rocketing to as much as 24GW by 2020, according to one analysis firm.
Germany headquartered “intelligent battery storage” and energy services provider Sonnen has just obtained US$85 million in its fourth financing round, from a range of investors. The company said the funds would be used both home and abroad, with Sonnen operating in markets including Italy, Australia, the US and the UK. Andy Colthorpe spoke with the company’s CEO Christoph Ostermann to learn more.
Renewable Energy Systems (RES) has completed work on its first utility-scale battery-based energy storage system in the UK, at a solar farm owned by British Solar Renewables (BSR).
Two large-scale solar plants planned for the northern Japanese island of Hokkaido will be paired with utility-scale energy storage, in order to meet regulations set out by the region’s electricity authority.