As more and more Australians look to energy storage solutions, a set of installation guidelines from the Clean Energy Council (CEC) has been released for industry and consumers which will be mandatory for installers accredited by CEC schemes by October.
Texas-headquarted Mercom Capital Group recently released its Q1 2016 funding and M&A report for energy storage, smart grid and energy efficiency sectors. Mercom’s CEO and co-founder Raj Prabhu discusses the energy storage trends tracked in this quarter with Energy-Storage.News, especially in light of the drop in venture capital funding this quarter.
Mercom Capital Group’s Q1 2016 report reveals 50% drop in VC funding for battery and storage companies compared to last quarter’s figures.
PV inverter manufacturer Sungrow is partnering with renewable energy storage system market leader Samsung SDI to perform demonstrative energy storage projects in China.
Australian battery developer Redflow has launched what is thought to be the first residential-level storage device to use a flow battery, in its home market.
