Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
German utility E.On recently joined forces with German PV module and storage manufacturer Solarwatt. Energy Storage News catches up with Felix Brauer, training coordinator at SolarWatt, to discuss the partnership in detail and the benefits of a DC-coupled battery system.
Lithium-ion energy storage manufacturer Leclanché has secured new finance from ACE & Company in Switzerland as it looks to double its revenue.
Energy storage could have a ‘highly critical’ role to play in emerging economies, Aloke Gupta of Imergy Power Systems says. Gupta, who was previously with California’s Public Utilities’ Commission, the state’s regulator, talks about the uses and applications of micro-grids, from his vantage point of view as a flow battery and storage system maker.
The potential for integrating energy storage, wind and solar energy in India is to be investigated under a new US-backed study, which will help India design its future grid.
The Solar Energy Corporation of India (SECI) has invited expressions of interest for what may be India’s first utility-scale energy storage project to be combined with a solar and wind hybrid project at Rangreek in the mountainous state of Himachal Pradesh.
Korean firm Kokam has supplied two lithium nickel manganese cobalt (NMC) oxide batteries to utility Korea Electric Power Corporation (KEPCO) for frequency regulation on the South Korean grid.
The head of an Australian solar installer has criticised Tesla’s marketing of its residential energy storage devices, claiming that potential end customers have been given unrealistically low expectations on the system’s pricing.
The Japanese city in which the manufacturing bases of lithium-ion battery makers including Panasonic, Hitachi Maxcell and GS Yuasa are located will play host to the world’s biggest energy storage battery and system testing facility to date.
The US energy storage market grew 243% last year, making 2015 the biggest year of any on record for storage, according to GTM Research.
