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Regulatory changes at the national level coupled with policy programmes in leading states will drive residential and commercial energy storage to new heights, according to various sources at this week’s Energy Storage International in California.
Gore Street, the UK’s first listed fund targeting energy storage specifically, has acquired two battery storage projects from Origami Energy, taking its portfolio to 29MW across four projects.
Energy storage projects were under construction across four provinces of China, amounting to 340.5MW of new capacity during the first half of this year in the country, according to the China Energy Storage Alliance (CNESA).
Convergent Energy & Power, a US-Canadian developer backed with investment from Statoil, has just connected up Ontario’s largest single-site behind-the-meter energy storage system to date.
VC funding for battery energy storage companies in the first half of this year has already exceeded 2016’s total and looks on the way to bettering 2017, with US$539 million raised across 29 deals.
Next Kraftwerke, offering ‘Virtual Power Plants-as-a-service’, will integrate a 2MW/2MWh battery at the premises of a commercial customer which will be integrated to offer both front-of-meter and behind-the-meter benefits.
In the second part of our interview with Valts Grintals, analyst at Delta-ee we discuss why behind-the-meter energy storage, including commercial and industrial (C&I) and residential installations, contributed so much to the market’s recent success.
California utility PG&E is seeking approval for four large-scale battery energy storage projects it has selected from a competitive solicitation, including two systems which would be over 1GWh each.
While research published this week demonstrates that the US as a whole is embracing energy storage technology, with regulator FERC's recent wholesale market ruling likely to have a "significant impact", the picture varies greatly when looking from state-to-state, an analyst has said.
A 250-home ‘virtual big battery’ was switched on in Canberra, Australia last week, allowing residents to sell solar-generated power at a significantly higher price than available to them through feed-in tariff (FiT) policies.
Swiss institutional investment group SUSI Partners has agreed to finance C$120 million (US$94.56 million) of commercial and industrial (C&I) sector energy storage projects by Canadian project developer/owner NRStor.
We often hear about California's leading position in solar and latterly in energy storage. Perhaps lesser known than direct policy support for energy storage and renewable technologies is the way California's network operator (CAISO) is starting to reconfigure how it procures demand response, with a positive impact for energy storage - and particularly behind-the-meter assets, as Ted Ko, policy director of Stem, explains.
Chris Pritchett of UK law firm Foot Anstey recently served as moderator for the “Developers and financiers debate” at the Energy Storage Conference at the Solar & Storage Live 2017 show in England. Afterwards, Andy Colthorpe caught up with Chris for an in-depth interview on camera.
What does it mean to be all things to all people? Does it overstretch resources to breaking point, or does it give you a chance to cast a wider net and capture market share? Vivint Solar recently joined Tesla in a race to offer whole packages including solar, storage, EV charging and other components to US customers. We talked to GTM Research's Brett Simon on some of the dynamics of those parallel strategies.
It is “100% certain” that a solid business case exists for commercial and industrial (C&I) users of electricity in Britain, a financier has said.
Seeking ways to optimise the use of clean energy, California network operator CAISO (California Independent System Operator) is considering the introduction of a load-shifting product that would incentivise storing peak energy for later use.
It has been the US’ busiest quarter to date for behind-the-meter energy storage installations, driven in part by residential adoption in the advanced markets of California and Hawaii, GTM Research has found.
Distribution network operators in parts of Australia could be restricted from owning or operating energy storage assets, in a measure proposed by the Australian Energy Market Commission (AEMC) to stimulate the market for behind-the-meter batteries.
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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.
The California state legislature and governor Jerry Brown have signed into law four key new energy bills that are set to accelerate energy storage deployment in the Golden State.
Behind-the-meter storage is forecast to become a larger segment than grid-scale storage by 2021, and could pose a potential threat to utilities, according to Bloomberg Energy Finance (BNEF) senior analyst Logan Goldie-Scot.
A new report from Bloomberg New Energy Finance (BNEF) details how more than US$8 billion will be invested in new-build energy storage in the year 2024, driven by an increase in deployment of behind-the-meter storage.
Energy storage capacity additions will double worldwide to 2.9GWh this year, up from 1.4GWh in 2015, according to the latest report from analyst firm IHS Markit.
Storage system manufacturers Sonnen and Leclanché are in early talks to help deliver an “unprecedented” scheme in England which will see their batteries rolled out as part of a potentially huge project.
As more and more Australians look to energy storage solutions, a set of installation guidelines from the Clean Energy Council (CEC) has been released for industry and consumers which will be mandatory for installers accredited by CEC schemes by October.
Tesla is predicting it could sell more stationary storage to SolarCity during 2016 than was deployed in the entire behind-the-meter segment of the US market last year, according to analysis by GTM Research.
After dropping a series of strong hints – including those given in interviews with PV Tech Storage – Enphase has confirmed that its AC battery will be launched in Australia first.
It is sometimes said that as of today there is no business case which delivers economic viability for decentralised residential battery storage systems owned by private end customers- without subsidy programmes- or they propose other solutions which offer higher benefits. Despite the discussion, the market already offers a variety of storage solutions which seem to be well accepted by the end-customer. Volker Wachenfeld of SMA explains the contrast.
The US market for solar-plus-storage is predicted to grow more than twentyfold in the next three years, rapidly expanding from US$42 million in value this year to US$1 billion by 2018, according to GTM Research.
US utility company Southern California Edison (SCE) has announced that it will procure 261MW of grid-connected storage capacity from a handful of suppliers, after a competitive solicitation process.