Itochu, a major Japanese corporation which has sold over 330MWh of residential battery storage systems in its home market, has invested ¥1 billion (US$9.35 million) in TRENDE, a renewable energy retailer which counts utility company Tokyo Electric Power among its major shareholders, with a view to launching a range of renewable energy and storage-enabled services.
Sunverge CEO Martin Milani talks about the system architectures and technologies that can make residential storage virtual power plants economically viable and useful to the local electricity network. As told to Andy Colthorpe.
Why the real competition is fossil fuels, which battery optimisation strategies yield the best returns and bringing safety rules and guidelines to the attention of first-responders are among the topics discussed on the latest special episode of the Solar Media podcast.
The UK energy storage sector is forging ahead after a landmark year in 2019 which saw maturing business models further the asset class’ role in the country’s energy system.
The pipeline of projects currently stands at 11GW, and although it is unlikely that this will all be built, we currently see nearly 800MW of projects at the ‘under construction/ready to build’ stage.
Renewable energy and energy storage project developer Anesco has handed aggregator Flexitricity the keys to 19.5MW of battery assets, with the latter set to earn revenues from four different 'streams'.
Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.
Volume 19 of PV Tech Power has just hit the (digital) shelves and once again the quarterly technical journal from our publisher Solar Media includes ‘Storage & Smart Power’, the dedicated section created and curated by Energy-Storage.news.
Following February’s excellent Energy Storage Summit at London’s Victoria Park Plaza hotel and hosted by our publisher Solar Media, here’s a short series of videos posing some of the big questions around energy storage, renewables, climate change, business and the industry, and more.
Sales of battery storage units to residential households in Germany are booming, but it’s the value of services the batteries can provide, rather than the hardware itself that offers a long-term economic opportunity, a Siemens representative has said.
Flow battery maker Avalon has initiated a novel business model aimed at lowering the cost of deployment of its energy storage units, effectively ‘renting’ the electrolytes in the devices to a customer in California.
Today, energy storage projects often fail to deliver value because of economic miscalculations. These computational issues, however, can now be mitigated by applying software, analytics and machine learning, write Enrico Ladendorf and Bryce Evans of Pason Power.
A planned commercial and industrial (C&I) energy storage project in England could increase onsite solar consumption to the point that no power will be drawn from the grid on some days of the year.
Europe’s installed base of electrical energy storage leaped by almost 50% during 2017 but perhaps the bigger takeaway is the growing share of battery systems installed behind-the-meter, an analyst has said.
Even among high level stakeholders, there are real gaps in education, knowledge and understanding of what energy storage is, and what it can do. We were privileged at last week’s Intersolar Europe/ees Europe shows in Munich, Germany, to be joined by four leading thinkers – and doers – in the energy storage industry, who helped us tackle this difficult question.
Intersolar Managing Director Dr. Florian Wessendorf and NAATBatt International Executive Director James Greenberger have collaborated to forecast top trends that are expected to dominate the ees North America show floor this year.
UK demand response and energy resource aggregation company Kiwi Power has unveiled its largest behind the meter battery to date with the completion of the 4MW / 4.8MWh Tesla battery at Cenin Renewables in south Wales.
On the back of rapidly decreasing costs for energy storage and solar photovoltaics (PV), consumers wishing to achieve a low-cost and reliable supply of power are considering grid defection—or at least, partial grid-defection—as an increasingly attractive alternative. Julian Jansen, analyst at IHS looks at the economics of grid defection in Europe today and in the future - and how its proliferation could impact the energy industry as a whole.
Commercial and industrial (C&I) businesses in the UK are to be offered free energy storage services from Omnio, a new firm set up to address the ‘overlooked’ market of small, distributed energy users.
Florian Mayr, partner at Apricum - The Cleantech Advisory, reflects on knowledge gained in energy storage's rapidly growing markets and offers his five key ingredients for success.
A ‘multi-stakeholder’ approach, where different parties benefit from batteries at different times, could be the key to enabling communities to deploy grid-connected energy storage systems, DNV GL has said.
New value propositions which will radically change the way energy is generated and used by end-customers are already accelerating energy storage market growth. Julian Jansen of Delta-ee takes a look at three distinctive types of business model which are taking shape.
Commercially viable energy storage has the potential to change the game by solving the energy trilemma. Arshad Saleem, from KIC InnoEnergy, which invests in and supports European sustainable energy, says marrying start-up innovation and big business experience could accelerate the journey to viability.
While the effectiveness of flow batteries in islanded situations is quickly being recognised, on the grid, the cost of providing that storage is still seen as something of an inhibitor to uptake. Andy Colthorpe spoke with the RedT CEO, Scott McGregor, to get his views on how flow batteries can thrive – and why lithium-ion is not the enemy.
In the simplest terms, if 2014 was the year of test deployments and proving storage can work, 2015 was a year of getting things done. But what are the big trends likely to drive the space on in 2016? Lux Research closely tracks the energy storage industry, in combination with solar, in terms of its synergy with EVs and in its own right. Andy Colthorpe spoke with Lux analyst Cosmin Laslau to get his views and predictions on what we can expect to see this year.
Placing a battery onto the grid is an economic investment. Matthew Hunt from the UK’s Chargesync discusses strategies for extracting the maximum value from devices and systems through optimising performance.