Tesla’s Powerwall home energy storage system will join the US market at a “remarkably low price”, according to one analyst PV Tech has spoken to following the announcement from Silicon Valley last night.
Prices for Tesla’s stationary storage systems for homes, businesses and off-grid communities, to be packaged and sold in partnership with SolarCity, will begin at US$3,000, thought to be as little as a third of the price of comparable products previously available on the market.
Tesla is set to make an announcement on stationary storage battery systems that has kept the tech world watching with bated breath. The event takes place tonight at 8pm Pacific Time / 4am Greenwich Mean Time / 5am Central European Time.
Germany’s residential storage system maker Sonnenbatterie will continue its push into the US, partnering with Sungevity, the residential PV installer founded by environmental activist and cleantech entrepreneur Danny Kennedy.
AES Energy Storage has revealed details of its current project pipeline including its first deployments in Europe and expansions in Chile and California.
A Japanese utility which last year temporarily suspended new grid applications for large-scale solar, sparking a wave of similar suspensions by other utilities, will install a huge battery project aimed at integrating a higher capacity of renewable energy generation.
Investment by UK tech entrepreneur and inventor James Dyson into battery company Sakti3 was among the biggest deals in the sector in the first quarter of this year, a new report has found.
US utility Dominion Resources is to install zinc iron redox flow batteries made by Vizn Energy onto a micro-grid to test their suitability for integrating solar onto a local circuit.
Along with cost reductions in balance of systems (BoS) components and US$1 billion of investment, energy storage technologies can reduce the cost of commercial solar and drive the market segment forward in the US, a SolarCity spokesman has said.
An academic based in north east England has called on the UK government to give energy storage “its own asset class with accompanying rules for appropriate regulatory treatment” as well as investing in the technology in order to enable future energy bill savings.
