While the likes of California, Massachusetts and New York make headlines as the leading US states for energy storage policy, initiatives from the ground up in New Hampshire, Georgia and Michigan have been announced already this year.
Tesla reported another major decline in its residential solar installations for the fourth quarter of 2017, while a supply shortage for its residential energy storage system ‘Powerwall 2’ has created a customer backlog of solar and storage installs of more than one year.
Energy storage in the state of South Australia has continued its prolific pace of development with the announcement of two new grid-scale projects and a sizeable commercial and industrial (C&I) installation.
Another utility-scale energy storage facility has got the green light for construction in South Australia, claimed to be the first in the country to be “backed by mostly private investment from the energy industry”.
Welcome to Part 2 of our in-depth talk with Nancy Pfund, managing partner at DBL Partners, a venture capital firm specialising in companies and start-ups that offer both rewarding financial returns and positive social impacts. As well as being one of the earliest backers to Tesla and SolarCity, to utility-scale solar tracker company NEXTracker to Off-Grid Electric, which deploys solar in rural Africa; to others in energy storage like Advanced Microgrid Solutions and Primus Power, Pfund is extremely well-placed to offer a quick Q&A ‘masterclass’ in energy storage investing.
Arizona utility Tucson Electric Power (TEP) claims that the cost-effectiveness of a new large-scale solar-plus-storage facility under construction will allow it to provide “more solar energy to more customers for less money”.
Dispatches from the India Rooftop Solar Congress 2017 in New Delhi. Indian rooftop solar will reach an inflection point in 2020 when battery-based storage becomes affordable enough to drive the PV segment, according to a new report by global analysis firm Crisil Research.
The Australian Renewable Energy Association (ARENA) has partnered with the Institute for Sustainable Futures (ISF) in conducting a trail on more than 150 households in New South Wales and Victoria to test how smart inverters can enhance residential solar-plus-storage systems and improve the stability of electricity on the grid.
The Australian government’s renewable energy division will trial the capabilities of on-grid energy storage to maximise the value of rooftop solar, announcing yesterday that it will provide funding for a trial by energy storage specialist Reposit Power.