Energy storage start-up Stem says it sees “strong opportunity” for expansion of its business in Australia, Japan and the EU, in the week when the company closed a US$12 million funding round led by Japanese trading company Mitsui & Co.
The remote Faroe Islands in northern Europe are to benefit from a major energy storage system, which as well as helping integrate renewable energy sources, will also operate on a commercial basis providing grid balancing and other ancillary services.
An energy storage project aimed at enabling the grid integration of 1MW of solar and 4.5MW of wind on the Portuguese island of Graciosa will be supplied with batteries by Leclanché.
A US energy company is testing power-to-gas systems that store energy from renewable energy production, including solar power, during times of excess supply.
Sonnenbatterie, considered to be one of the market leaders in Germany’s emerging solar-plus-storage sector, claims the new version of its Sonnenbatterie Eco battery storage system has as much as double the potential lifespan of previous models.
Australian prime minister Tony Abbott is like King Canute, standing on the shore commanding the tide of renewable energy and energy storage not to come in. But no matter how much he rails against the future, this prime minister is way too late to stop the tide of progress. A range of factors are coming together at the same time that will see distributed solar PV combined with energy storage move into the early mainstream in the coming years – and sooner than later, says John Grimes of the Australian Storage Council and Australian Solar Council.
An advanced microgrid comprised of four smaller, interlinking grids has been unveiled in Texas by power electronics firm S&C and energy management company Schneider.
UK energy storage start-up Powervault has exceeded its £350,000 (US$500,000) crowd funding target as it looks to commercialise its ‘plug and play’ domestic storage device.
Remaining on the grid while using solar paired with batteries is likely to become a more economically attractive option for commercial and residential customers in key US markets, a new report from the Rocky Mountain Institute (RMI) claims.
The importance of technologies and services that enable effective energy storage including software and systems integration, is set to grow more than 30 times over in the next nine years, a new report claims.
