Solar industry players target opportunities in the residential energy storage market in the US and elsewhere with the rollout and launches of new products.
A 4.8MW/16.4MWh battery energy storage system supporting the local grid of utility Con Edison in Brooklyn, New York, has begun operation.
The company’s partner in Japan, Next Energy & Resources, has predicted that the growth of home solar - and now energy storage - systems will help provide the impetus for new business models, including the growth of third-party ownership.
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.
A new model that involves paying customers to host energy storage batteries in front of the meter should help stakeholders to optimise financial gains from storage, according to analysis from Navigant Research.
Workable alternatives to utility power involving energy storage are beginning to emerge with new and innovative business models, according to an investment advisor who worked on Younicos’ recent US$50 million “land grab”.
Renewables policy in the UK is in a state of flux, to say the least. PV Tech Storage’s Andy Colthorpe spoke to UK solar industry veteran Ray Noble about how and why this may be the perfect time for storage to shine in British households.
SunPower CEO Tom Werner says that the idea of solar power users combining their systems with battery storage to become fully independent of the grid is “naïve”, echoing the views of one of SolarCity’s founders.
SunPower Corporation has become the latest US solar provider to pilot the deployment of residential storage systems in California by extending the terms of an existing partnership with homebuilding company KB Homes to include storage.