Production and deliveries of Tesla’s stationary storage systems have now begun, while a company spokesman said it welcomes new competitors such as Faraday Future to the EV space – in line with Tesla’s stated values to accelerate clean energy deployment.
Glen Dimplex, by some estimates the world’s biggest maker of domestic heating appliances, is due to start recruiting households to participate in the latest phase of an EU trial of energy storage technologies.
The former VP of Solar Grid Storage has predicted average Balance of Systems (BoS) costs for energy storage will drop from around US$670 to less than US$400 per kilowatt in the next five years.
Japanese financial services company Orix Corporation has invested in UniEnergy Technologies (UET), a US company delivering large-scale energy storage based around its own vanadium flow batteries.
Off Grid Electric, a company specialising in providing electrification to rural communities, has created a US$45 million investment vehicle, bringing its total raised this year in equity and debt financing to US$70 million.
A document setting out new policy directions on solar support says the UK government has recognised the potential of energy storage but has decided the feed-in tariff would not be an appropriate mechanism to incentivise uptake.
News in brief: UK pro-solar Conservative politician Gregory Barker and film star Leonardo DiCaprio have joined the advisory board of Powerhive; Ireland’s government has become the latest to recognise the potential of energy storage in its national low carbon transition; and flow battery maker has supplied systems to projects in Europe that demonstrate the technology’s strengths in integrating PV generation.
A utility has been first off the mark to put Tesla Powerwall stationary storage systems on sale in Australia, with installations expected to begin in February.
Behind-the-meter energy storage controls based around Nissan’s EV batteries and a ‘software-defined power plant’, both designed to incorporate a range of energy resources including solar, have been launched in the past week.
The UK’s Renewable Energy Association has slammed the results of an auction held to ensure the country has enough available capacity to avoid blackouts, with 153MW of energy storage bidding unsuccessfully in the tender.
