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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.
Axiom Exergy, a US manufacturer of energy storage units that use stored energy for cooling buildings and produce, has netted close to US$8 million from investors including Shell’s venture capital unit and Tesla battery guru JB Straubel.
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.
The Thailand subsidiary of Delta Electronics, which makes equipment including solar inverters, has confirmed that it is investigating energy storage systems as part of a clean energy drive, following reports in local press.
1414 Degrees, an Australian startup manufacturing thermal energy storage systems using a proprietary silicon storage medium is preparing to launch an Initial Public Offering (IPO) and build a 200MWh ‘module’ at a renewable energy facility.
Intersolar Managing Director Dr. Florian Wessendorf and NAATBatt International Executive Director James Greenberger have collaborated to forecast top trends that are expected to dominate the ees North America show floor this year.
A glass packaging facility in Scotland is getting a 2MW Tesla battery on a ‘no-money-down’ deal after Irish state-owned utility ESB agreed to take on the risk for raising commercial revenues from the asset.
A mining operation in South Africa will start managing the cost of its consumed energy with the deployment of eight flow batteries from Primus Power.
Abu Dhabi-based energy firm Masdar and state-run utility Costa Rican Electricity Institute (ICE) have signed an MoU to share technical knowledge and project experience for renewable energy development.
South Australia state-run firm SA Water plans to deploy 152MW of solar PV and 35MWh of energy storage over the next two years in order to reach its target of zero net electricity costs by 2020.
News in brief from around the world of energy storage.
As much as 40% of grid-connected battery storage projects that have been announced worldwide propose co-location with solar PV, from a pipeline of more than 10GW, analysts at IHS Markit have said.
Ofgem is to consider Scottish Power’s proposal to create demand side response (DSR) technology classes intended to apply new de-rating factors to energy storage used as part of DSR bids into the Capacity Market in 2019.
Energy-Storage.News caught up with Vish Iyer, global head of business development, strategy and marketing for the Hybrid and Energy Storage division at EPC firm Sterling and Wilson, to find out more about the company's latest venture.
New Jersey is the latest US state to set itself targets for the deployment of energy storage, with newly passed legislation calling for 600MW of the technology within three years.