NEC Energy Solutions, a subsidiary of IT and network integration firm NEC Corporation, has unveiled a new distributed energy storage product for commercial and industrial (C&I) customers.

Behind-the-meter storage is forecast to become a larger segment than grid-scale storage by 2021, and could pose a potential threat to utilities, according to Bloomberg Energy Finance (BNEF) senior analyst Logan Goldie-Scot.

A new report from Bloomberg New Energy Finance (BNEF) details how more than US$8 billion will be invested in new-build energy storage in the year 2024, driven by an increase in deployment of behind-the-meter storage.

Around 90 companies, including EDF, Enel and Engie, have expressed interest in financing and implementing research and development (R&D) projects relating to energy storage integration in Brazil, according the country’s energy regulator ANEEL.

Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) document for the tendering of 200MW of grid-connected solar PV to be deployed alongside utility-scale battery storage in the state of Karnataka.

Flow battery manufacturer ViZn Energy Systems will target the African market after forming a partnership with EPC firm Jabil Inala.

Battery manufacturer SimpliPhi Power has released an all-in-one plug-and-play energy storage system to be integrated with on and off-grid solar plants.

RWE International SE (innogy), a leading European energy company, has signed a share purchase agreement to takeover German solar and energy storage specialist Belectric.

Battery storage has dominated the outcome of the National Grid’s 200MW Enhanced Frequency Response (EFR) tender, with the technology to be used for balancing services at grid scale for the first time in the UK.

Used electric vehicle (EV) batteries could soon be on the market at a significantly reduced cost that competes with brand new energy storage systems, according to a Bloomberg New Energy Finance (BNEF) report.