World Bank Group has set up a “global international partnership” to support the deployment of energy storage in developing countries, just a few months after committing a US$1 billion sum to the sector.
Solar Philippines: Taking a hit on microgrids for emerging economies is an investment for the future
The economics of rural electrification using microgrids should be considered an investment for the future, akin to how Silicon Valley tech providers plough money into initially loss-leading products and services, the chief of developer and manufacturer Solar Philippines has said.
First developed by NASA, flow batteries are a potential answer to storing solar – and wind – for eight to 10 hours, far beyond what is commonly achieved today with lithium-ion. In the second of a two-part special report, Andy Colthorpe dives deeper into questions of bankability, market segmentation and manufacturing strategies with four very different providers of flow energy storage technology.
Home battery storage company Moixa is to expand its GridShare aggregation platform to include third party units for the first time after securing over a quarter of a million pounds from the UK government.
At this year’s Intersolar Europe trade show in Munich, South Korean battery manufacturer Samsung SDI is exhibiting a range of high-capacity, high-voltage residential storage modules.
Microgrids are about more than novel off-grid systems. They could be the building blocks of the future, flexible, intelligent electricity network. S&C Electric discusses how one early project is helping prove the point.
While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.
The head of a company selected by the UK government to deploy residential energy storage under a pilot scheme believes that his network of installers could deploy 10,000 units, equivalent to 30MWh of storage per month.