At least two global technology leaders could set up Gigafactories to manufacture lithium-ion cells in India in the next couple of years, and most major Indian firms are setting up energy storage divisions, according to the head of the India Energy Storage Alliance (IESA).
Business models used by Advanced Microgrid Solutions (AMS), including creating “Hybrid Electric Buildings” with energy storage, take the industry to a “new level”, VC investor Nancy Pfund has said.
Fluence, a new energy storage company, has been launched jointly by global engineering giant Siemens and energy storage system integrator and developer AES.
Britain’s government has thrown its weight behind vehicle-to-grid (V2G) by announcing £20 million (US$25.8 million) would be available for a competition to further the development of the bi-directional electric vehicle charging technology.
A 2MW utility-scale battery energy storage system has been successfully built and connected for California municipal utility Glendale Water & Power (GWP).
A supply deal has been signed, for components made by Ideal Power to be integrated into NEXTracker’s solar-plus-storage offerings, including power conversion system and solar PV inverter.
An offer from Tesla CEO Elon Musk to complete a large-scale energy storage project in South Australia within 100 days or deliver it for free has been taken up by the region’s government.
Multinational utility Enel will assess the effectiveness of flywheels, having signed an agreement with Amber Kinetics, a manufacturer of the energy storage devices.
Sonnen is looking to sign up 2,000 Australian customers this year for SonnenFlat, where households sign up to pay a monthly ‘flat rate’ for power while their batteries are used to benefit the local grid.
New research from the UK has found that almost half of those asked would like to see solar and storage installed in the their homes by 2020, signalling that Britain’s domestic market may yet recover from the hard knocks of recent subsidy cuts.
