US senators have introduced a new Bill for energy storage that brings in investment tax credits (ITC) for both grid-scale and residential energy storage systems, in a bid to open up competitive storage markets.
Energy storage system integrator Advanced Microgrid Solutions (AMS) has secured US$200 million of project finance from Macquarie.
German energy storage hardware and services provider sonnen has launched a new product for the commercial energy storage market using power conversion systems from Ideal Power.
The global grid-connected energy storage project pipeline is forecasted to hit 2GW this year; a 20% increase on the figures for the end of 2015, according to new analysis by IHS.
Elon Musk’s electric vehicle and energy storage firm is poised for another major initiative after the founder announced that he is working on a “Tesla Masterplan, Part 2.”
German energy storage hardware and services provider Sonnen has released a new residential solar battery system including self-learning software and grid-tied functions achieving costs of US$1700/kWh, according to an industry analyst
The California Public Utilities Commission (CPUC) has reformed the Self-Generation Incentive Programme (SGIP) that finances the installation of distributed generation technologies, to now benefit long-duration technologies that previously missed out on the incentive, through the extended US$83 million a year for behind-the-meter storage.
Automotive giant Nissan and power electronics and engineering group Eaton have installed an energy storage system at a data centre run by IT and cloud computing firm Webaxys in Normandy, France.
The World Bank’s groundbreaking US$1 billion loan for Indian solar will partly focus on improving transmission for solar parks and innovation in wind and energy storage hybrids, according to a senior government official.
German manufacturer SOLARWATT is preparing to launch its MyReserve energy storage system in the UK by developing a partnership network with installers and designers.
