Grid-connected energy storage deployments have enjoyed a compound annual growth rate (CAGR) of 74% worldwide in the years 2013 to 2018, with a “boom” in deployment figures expected over the next five years, analysis firm Wood Mackenzie has said.
Andy Colthorpe caught up with Moixa CTO Chris Wright to hear about how a tie-in with trading company ITOCHU and the Ministry of Economy, Trade and Industry (METI) is creating smarter energy networks in Japan using solar, batteries, electric cars – and Moixa’s GridShare software platform.
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.
Firm spies potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it expects to be worth more than US£2 billion (US$2.58 billion) a year by 2025.
Consumers in a South London housing estate will soon be able to trade solar power amongst themselves as an blockchain-enabled pilot project backed by EDF gets underway.
Both major parties in the election race for the Australian state of New South Wales have put forward plans focusing on solar and storage for households, with some mixed but mostly positive reaction from the industry.
Residents of Ballyferriter village on the Dingle Peninsula in County Kerry are to join the project this month with the installation of domestic energy storage units in 20 homes.
An extra AU$100 million (US$70.76 million) of funding could be put into a rebate scheme for households buying energy storage systems in South Australia, after a peer-to-peer lending group stepped in.
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.
Installations of sonnen’s latest hybrid battery storage units are underway, alongside new residential solar arrays, as part of a Local Energy Market (LEM) being built by one of the UK’s largest energy companies to test the capabilities of a virtual marketplace of distributed energy resources.
Following news yesterday of the first grid-scale solar-plus-storage system on the Hawaiian island of Molokai, two more modestly-sized projects show the potential diversity of applications for energy storage in the US state.
Cheap solar electricity will be traded between neighbouring residents in apartment blocks in Western Australia, enabling peer-to-peer trading of electricity in a project supported by the Australian Renewable Energy Agency (ARENA).
What has driven the recent boom in Germany's household energy storage installation figures? What value do customers expect when adding a storage system to their homes? And more importantly, what are energy storage providers doing to sustain and accelerate growth, which can eventually unlock a true mass market? Florian Mayr of Apricum takes a closer look.
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.
Australia’s energy and environment minister has hailed the country’s accelerating residential energy storage sales as a report has emerged from Chief Scientist Dr Alan Finkel which says the “financial equation is straightforward” for adding batteries to home PV systems.
PV manufacturers Hanwha Q Cells and Sunpower have both signed deals to bring home energy storage to residential solar customers in Europe and in the US respectively.
Automotive giant Nissan has confirmed the UK launch of its home solar-plus-storage product, first revealed in February this year.
JLM Energy, a US maker of residential ’microstorage’ systems that pair with individual solar panels, is leaning on its US$25 million project finance fund to develop larger storage projects for commercial businesses.
Solar Media, the publisher of sites including Energy-Storage.News and PV Tech, has just launched the latest edition of the annual Global Energy Storage Opportunity report for this year - available now as a free download.
Voltstorage, a German company founded in Munich in 2016, is launching a vanadium-redox-flow (VRF) energy storage system aimed at the residential market.
French utility Engie and German energy storage firm sonnen have formed a partnership to offer a package of solar and energy storage to households in France, according to Reuters.
EDF has set its sights on becoming a European leader in energy storage after announcing plans to invest €8 billion (~£7 billion) in deploying 10GW of new projects by 2035.
Australian real estate developer Mirvac looks set to put a sizeable amount of solar-plus-storage into brand new homes in Sydney and Brisbane, with help from the national Clean Energy Finance Corporation.
Entries have opened for the Solar Power Portal Awards 2018, with Energy-Storage.News proud to partner the event for its rebranded sixth edition.
Battery storage and smart technologies are to be rolled out to homes in the Irish town of Dingle as part of a new trial to test their potential to support the use of variable renewable energy supply resources and smart connection to the Irish electricity grid.
An ambitious project to convert the “grey fleet” of a care home for old folk in Scotland to a sustainable “green fleet”, using solar PV and battery energy storage, was winner of the Residential, Commercial and Industrial-scale Storage Project category at this month’s Solar Power Portal Awards.
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.
Managing director of UK energy storage manufacturer Powerflow, Ian Murray, addresses some FAQs on what consumers should be asking about batteries before buying them for their houses.
Australian homes and businesses will soon be able to use renewable energy stored in their batteries to bid into a local energy market and provide a range of grid services using a new software platform backed by the Australian Renewable Energy Agency (ARENA).
Shifting responsibility for product safety onto manufacturers, rather than installers, of residential energy storage systems would be a positive step forward for Australia’s industry, the country’s Clean Energy Council has said.