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.
Con Edison Development has purchased an 8MWh battery system from GE for installation in Central Valley, California.
Energy storage start-up Stem says it sees “strong opportunity” for expansion of its business in Australia, Japan and the EU, in the week when the company closed a US$12 million funding round led by Japanese trading company Mitsui & Co.
The remote Faroe Islands in northern Europe are to benefit from a major energy storage system, which as well as helping integrate renewable energy sources, will also operate on a commercial basis providing grid balancing and other ancillary services.
An energy storage project aimed at enabling the grid integration of 1MW of solar and 4.5MW of wind on the Portuguese island of Graciosa will be supplied with batteries by Leclanché.
A US energy company is testing power-to-gas systems that store energy from renewable energy production, including solar power, during times of excess supply.
Sonnenbatterie, considered to be one of the market leaders in Germany’s emerging solar-plus-storage sector, claims the new version of its Sonnenbatterie Eco battery storage system has as much as double the potential lifespan of previous models.
