Mercom Capital Group’s Q1 2016 report reveals 50% drop in VC funding for battery and storage companies compared to last quarter’s figures.
Energy storage and interconnection are complementary technologies, as a means of adding flexibility and keeping costs down in electricity grids, an expert from Fraunhofer ISE has said.
Moves by the US’ Federal Energy Regulatory Commission (FERC) to assess electricity storage’s potential role in wholesale markets and in maintaining a low-cost, reliable network have been welcomed by the Washington-headquartered Energy Storage Association.
A trial project using 1.1MWh of lithium-ion battery storage to harness power from rooftop solar systems has been installed in the Western Australia suburb of Alkimos.
Roundup: A third of US PV installers offer storage and 26% more could join them this year, China’s BYD signs up with UAE’s Masdar, Sunvault and Aboriginal Power’s ‘self-sustaining’ community project.
PV inverter manufacturer Sungrow is partnering with renewable energy storage system market leader Samsung SDI to perform demonstrative energy storage projects in China.
Unsubsidised, commercial solar-plus-storage projects of the type being executed in Puerto Rico could demonstrate how to overcome many of the challenges imminent for the world’s PV markets, according to one company with experience in the field.
The output of a 16MW solar farm in Puerto Rico will be tied to an Aquion ‘saltwater’ battery, in one of the few current trials of moving solar power produced in the daytime to be used at night.
Sharp has launched its latest home energy storage systems in Japan, with features geared towards meeting changes in the electricity market that are underway in the country.
US residential installer SolarCity has closed US$150 million of financing to fund the deployment of commercial solar and storage systems.
