Energy storage solution provider Eos Energy Storage has announced that it has raised US$23 million in Round C equality financing — which it will use to help its commercial launch of the company’s grid-scale battery technology.

SolarEdge, one of only two companies at present to produce Tesla Powerwall-compatible inverters, will launch its expanded range of residential and commercial solutions at Intersolar Europe next month.

Invenergy has brought a 31.5MW energy storage facility online to provide frequency regulation for the grid, near to 230MW of renewable energy generation assets.

S&C Electric Europe has used locally-sourced lead acid batteries combined with 80W solar panels to provide electricity for two primary schools in Zambia.

One analyst has predicted that 12,500 residential PV storage systems could be installed in Germany in 2015, more than the total number of systems installed with support from a government scheme in its first two years.

A renewable energy and energy efficiency consultancy, IT Power (ITP), will use funding from the Australian Renewable Energy Agency (ARENA) to trial the effectiveness of six brands of lithium-ion batteries for enhancing grids and increasing the deployment of renewable energies.

A large-scale storage system co-located at a German solar farm by the PV plant’s developer Belectric, has been given the green light to operate in the grid-balancing frequency response market.

Microgrid developer Powerhive has become the first private utility in Kenya after being granted a licence to sell electricity to the public.

France’s government has launched a tender for 50MW of projects combining solar power with energy storage systems on Corsica and its overseas islands territories.

Tesla reported losses of around US$0.36 per share in its quarterly earnings announcement yesterday, despite a flurry of activity around its stationary storage launch last week – yet the company still outperformed the expectations of the investment community.