A €100 million (US$114.44 million) fund will be used to develop and deploy microgrid and energy storage projects by engineering and automation firm ABB, which has recently launched a new line of solutions in those areas.
SolarEdge is targeting a world where the “majority of solar systems will include storage”, according to CEO Guy Sella, as the company announced record revenues and shipments in the third quarter of 2018.
Quoting an expected doubling in installed PV capacity over the next five years, a partnership between Chinese battery storage system maker BYD and European PV inverter company SMA is targeting the USA market, identifying it - along with Africa - as having “high growth potential” for the pair’s products.
At this year's Intersolar Europe/ees Europe event, Ron Shen of GoodWe spoke on camera with our sister site PV Tech. The China headquartered inverter manufacturer, which has recently diversified into adding capabilities such as module-level monitoring and optimisation to its range and launched products specifically aimed at the growing market for bi-facial (two-sided) solar panels, sees energy storage as a critical component of a successful future PV business.
SMA Solar Technology’s new Sunny Boy Storage battery inverter has the ability to integrate up to three batteries, a feature that allows for a simple way to expand storage systems.
Israel-headquartered SolarEdge launched a software platform for aggregating household energy storage units - and other distributed energy equipment - into virtual power plants, last week. The company’s solution has already been chosen for a VPP project in Australia by AGL, one of the country’s biggest utilities. The commercial launch of the VPP platform direct to customers is now underway. Andy Colthorpe spoke with Lior Handelsman, one of SolarEdge’s founders and vice president of marketing and product strategy.
While energy storage system price declines have slowed down in recent times in the US, standardisation of design and engineering will be among the key drivers in bringing down balance-of-system hardware and EPC costs.
Energy storage inverter and power conversion company DynaPower has delivered its first ever DC-to-DC converters to large-scale solar-plus-storage projects in the US, while Ideal Power has attained UL certification for two of its products.
Energy storage investors in Britain will need to have their projects in the ground by June next year at the latest if they are to take advantage of the lucrative new ancillary services market set to be implemented by National Grid, according to Sungrow’s European managing director.
India’s Ministry of New and Renewable Energy (MNRE) has issued a new order seeking to improve the quality of components in the solar sector, including batteries to be used for stationary energy storage.
News in brief from this week in energy storage around the world.
Pierre-Pascal Urbon, CEO of solar inverter manufacturer SMA, has said that the company is anticipating medium-term “exponential growth” in the energy storage market, reporting a “positive performance” in storage-related sales.
BYD has announced a tie-up with the inverter manufacturing division of Kostal, where the former’s latest high voltage energy storage systems will be paired with the latter’s PIKO brand inverters.
Ideal Power, the US company best known for its power conversion systems for energy storage, has announced two recent project orders totalling 1.6MW in northern Texas and in California.
Energy storage system and PV module manufacturer Solarwatt and PV inverter specialist Fronius have formed a partnership to supply each other’s products, covering five European countries and Australia.
Residential energy storage in Germany for PV self-consumption could be handed a boost in 2020, as some of the earliest premium feed-in tariffs (FiTs) begin to expire.
One of the world’s leading suppliers of solar PV trackers is targeting sales volumes of approximately 15MW per week of the new battery solution it has paired with its products.
Chinese PV inverter manufacturer Sungrow has installed a hybrid solar-diesel-storage system for five islands in the Maldives, consisting of 2.7MWp of solar and 700kW / 333kWh of energy storage.
Tesvolt has claimed its new commercial energy storage system pushes the boundaries of what can be achieved in such devices for modularity and safety.
US energy storage inverter manufacturer Dynapower has partnered with South Korea’s Samsung SDI to launch an integrated behind-the-meter energy storage system, featuring Dynapower’s Generation 2 MPS inverters and Samsung SDI’s E2 batteries.
Chinese inverter manufacturer Sungrow has supplied its inverter and battery storage technologies to a large-scale solar-plus-storage microgrid project in a remote area of Tibet.
Sungrow’s senior vice president David Zhou spoke with ESN at Intersolar Europe about the company’s recent partnership with Samsung SDI.
Volker Wachenfeld of SMA explores some technical and policy factors driving growing use cases for refurbishing home PV systems to add energy storage, and the markets where this is already gaining traction as an idea.
The former VP of Solar Grid Storage has predicted average Balance of Systems (BoS) costs for energy storage will drop from around US$670 to less than US$400 per kilowatt in the next five years.
Energy storage is likely to be worth “tens of billion dollars in the next five to 10 years” across a number of global regions, according to executives at solar microinverter firm Enphase.
The Karlsruhe Institute of Technology (KIT) has inaugurated a test centre at its northern campus that will pair a 1MW solar array to 100kWh of lithium-ion battery-based energy storage.