The proposed deal for Tesla to acquire US rooftop solar company SolarCity makes sense but could distract both parties from immediate core objectives, according to Lux Research.
BMW has announced plans to launch a stationary energy storage product for both residential and small commercial applications using the high-voltage batteries used in i3 electric vehicles, including those repurposed from existing EVs.
Tesla has made an offer to acquire SolarCity in stock swap deal that would give SolarCity shareholders a premium of 21-30%.
NEC Energy Solutions will provide a 1.2MWh lithium ion battery system for a grid stabilising project in Bavaria, Germany.
A wide-ranging report from UK politicians into the country’s energy system has found that policy has moved at “glacial pace” to adapt to energy storage technologies and urged for faster action.
Morgan Stanley has predicted a boom in solar-plus-storage in Australia, calling PV a direct substitute for grid power and warning investors that the incumbent energy industry has been slow to react to trends.
The White House announcement of new developments and investment in energy storage has been characterised as “the first executive office push for energy storage” that will “undoubtedly galvanize” the industry, in a new GTM Research brief by the firm’s energy storage director Ravi Manghani.
DNV GL looks to update recommended practice guidelines for grid-connected energy storage systems, India toys with ‘National Storage Mission’ strategy, Juwi and KPS ally on solar, storage and diesel hybrids for remote Australian mines,
Storage system manufacturers Sonnen and Leclanché are in early talks to help deliver an “unprecedented” scheme in England which will see their batteries rolled out as part of a potentially huge project.
President Obama has announced a raft of activity focussing on the development, investment and regulatory framework for energy storage.
