A proposed “sun tax” on use of batteries for residential self-consumption of solar energy in Spain could increase payback time from around 16 years to 31 years under a new draft Law put forward by the Spanish Government. Hefty fines for infringement, capped at €60 million (US$67.7 million), have also been proposed.
Elon Musk’s Tesla has done the rest of the storage industry a big favour by putting a price point on lithium-ion batteries, according to the CEO of Sonnenbatterie’s North American operations.
A new solar-plus-storage division is to be launched by DNV GL, the expert advisory group and certification body announced at Intersolar Europe on Wednesday.
The International Renewable Energy Agency has published a technology roadmap aimed at accelerating the deployment of electrical storage for renewable energy.
Renewables-powered energy systems that work independently of the grid at warehouse locations in India will be provided with flow battery-based energy storage solutions by US company Imergy.
British energy storage company OXIS has claimed that the advent of economically viable solar PV and energy storage technology represents a paradigm shift in developing countries.
Energy storage system installer Advanced Microgrid Solutions (AMS) has chosen Tesla to provide up to 500MWh of batteries for its utility-scale energy storage projects.
Aggregating connected energy storage systems to create ‘virtual power plants’ is likely to become a big part of the next phase of storage, according to the executive director of the US-based Energy Storage Association.
While debates over renewable energy targets continue to rage at the political level in Australia, Panasonic has signed a deal with three utility companies to pair its energy storage systems with rooftop solar.
Battery and storage system maker A123 will double its production output to 1.5GW through a capital expansion plan worth more than US$300 million, the initial phase of which the company says has already begun.
