Last year was a “seminal year” for energy storage, where the technology moved from “dream to reality”, according to impact investor Nancy Pfund, one of the earliest backers to Tesla and SolarCity.
Sydney-based lead-acid energy storage specialist Ecoult has secured AU$4.1 million (US$3.13 million) recoupable funding from the Australian Renewable Energy Agency (ARENA) to develop and commericalise its UltraBattery products.
There is a significant opportunity for energy storage under the Trump administration, the US Energy Storage Association has said.
The Southern California Public Power Authority (SCPPA), an organisation comprising the municipal utilities of 10 cities and one irrigation district, has ordered a potential 1MW of ice battery storage systems from Ice Energy.
Financial services giant Morgan Stanley has anticipated that the US energy storage market will grow faster than current consensus expectations, while Deloitte has earmarked the technology for exponential growth – although not perhaps this year.
Listed funds in the UK which own a significant portion of the country’s utility-scale solar PV assets are not currently convinced by battery storage’s feasibility, but remain primed to deploy the technology at scale when the time is right.
Energy storage solutions and software company Greensmith Energy announced Tuesday that Oncor Electric Delivery has appointed Greensmith as the software provider for its microgrid facility in Dallas.
Solar PV paired with energy storage at scale could be provided to utilities at just US$0.10 per kilowatt hour, using advanced battery technology, one manufacturer has claimed.
News in brief: A selection of news highlights from the energy storage sector including a new approach to benefit stacking from Panasonic in Colorado.
