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.
Chinese energy storage company TrinaBEST launched its residential storage product for the Australian market at last week’s All Energy show, while the USA’s Enphase and Australian flow battery maker Redflow were among the other exhibitors showcasing residential products.
VARTA’s energy storage system project manager Michael Gopp discusses the technologies past, present and future.
The United Kingdom’s decision by referendum last week to exit the European Union has been received negatively by one of the few commentators prepared to go on record with a UK industry view.
The future for Tesla-SolarCity could lie in aggregating rooftop PV with stationary energy storage, EVs and other distributed energy resources, the head of energy storage market analysis at Bloomberg New Energy Finance (BNEF) has said.
The prospect of the ‘commoditisation’ of lithium-ion batteries is not likely to be as clear-cut as has been seen in the PV industry, one manufacturer has said.
