Manufacturing equipment supplier Manz AG said 25% of its revenues for the first nine months of this year came from its energy storage segment, despite the ill effects of a large order being stopped.
SolarCity and Green Charge have announced two commercial scale energy storage systems in California, one completed and the other yet to be built, which will each save the host over US$100,000 a year in energy costs.
Tesla has acquired German engineering firm Grohmann Engineering to form a new advanced automation segment of its business, producing manufacturing equipment for its factories in the US.
A drive aimed at reducing the soft costs of distributed energy storage systems by the New York State Energy Research and Development Authority (NYSERDA) could award over US$8 million of funding.
A plan by utility Con Edison to save US$1 billion on infrastructure spending in New York’s Brooklyn and Queens neighbourhoods will get 13MWh of energy storage from Green Charge.
US-Canadian energy storage project developer Convergent Energy and Power has secured third-party project financing for 12MW of energy storage projects in Canada that will provide grid services.
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.