US residential installer SolarCity has closed US$150 million of financing to fund the deployment of commercial solar and storage systems.
ABB has signed a memorandum of understanding (MoU) with Chennai-based engineering and research organisation, the Indian Institute of Technology Madras (IITM) to partner on building microgrids and develop R&D in the battery energy storage area.
A renewable energy auction which could take Australia’s capital Canberra over the line in meeting a long-term “90% renewables” target will also lead to the deployment of 5,000 residential and commercial battery storage systems.
Industry headlines and stats, the approval of US president Barack Obama and even the growing popularity of electric rickshaws have been used to drive home the message that energy storage is a technology for today, not some distant future.
Saft is doubling its production capacity with a new Chinese facility, UK energy minister Amber Rudd visited Cumulus Energy Storage and Tesla in California, Fluidic Energy to provide smart grids and storage in madagascar
The EU’s lack of regulatory definition for energy storage is among major factors holding back the potential of the technology in the continent, particularly for integrating renewables, Solar Power Europe has argued in a new report.
A flywheel-battery hybrid storage system has been installed in Ireland, a system that the companies involved claim is the first of its kind.
BYD, DNV GL, Tesla, Schneider Electric and SMA Solar are among the names confirmed to attend Solar Media’s Energy Storage 100, a networking event in London celebrating the nascent energy storage industry.
Australian battery developer Redflow has launched what is thought to be the first residential-level storage device to use a flow battery, in its home market.
A hybrid off-grid project from renewables firm Energy Developments Limited’s (EDL) including 4MW wind, 1MW solar and a 1MW/250kWh battery system in South Australia has reached financial close.