An ITC for standalone energy storage systems could finally become reality with its inclusion in a US$1.5 trillion infrastructure investment Bill, tabled by House Democrats.
Coal retirements, liberalised energy markets and declining costs continue to improve the business case for energy storage in Australia, but the coronavirus pandemic is among factors creating uncertainties and risks, new research has found.
Adding well-optimised energy storage to solar PV projects in the US state of Massachusetts can increase project revenues by up to 50%, Stem Inc has claimed, as the energy storage provider announced the completion of a front-of-meter solar project with 8MWh of storage.
“This next phase we’ve entered is a large number of projects in a lot of places," Fluence VP for marketing and strategy, Brian Perusse, tells Energy-Storage.news.
V2G can significantly reduce energy system greenhouse gas emissions, as well as ensure resilience in the event of power outages and prolong the battery life of an EV, according to a review of nine projects across Europe.
News in brief from around the world in energy storage.
Industry commentators have expressed shock and surprise that NEC Corporation’s Energy Solutions business has been wound down, while an analyst said the reasons for the energy storage system integrator’s demise are likely to go back further than the COVID-19 pandemic.
A new service from Photovoltaik Institut Berlin (PI Berlin) looks to solve a pitfall that often awaits solar industry stakeholders when adding energy storage to their projects: making sure the production quality of the batteries they choose meets their requirements.
News in brief from around the world in energy storage.
Energy storage technology provider Fluence has launched its latest systems aimed at three market segments and - according to new CEO Manuel Perez Dubuc - aimed at creating an inflection point in the global transition to low carbon energy.
With the continuing threat of wildfires in California, the state’s regulator has approved a plan to deploy distributed microgrids proposed by investor-owned utility (IOU) Pacific Gas & Electric (PG&E).
A project to create performance standards for residential and small-scale commercial battery energy storage systems in Australia has been completed, with project leader DNV GL raising hopes that the rules can inform the global market too.
Stem Inc has won out in a competitive Request for Proposals (RFP) to manage a 345MWh fleet of commercial and municipal energy storage systems in Los Angeles, California.
NEC’s Energy Solutions division, which has been responsible for NEC Corporation’s activities in the battery energy storage industry, is “going out of business” according to a report by Bloomberg.
Tesla’s just-released sustainability report for 2019 asserts the belief that “the notion that a sustainable future is not economically feasible is no longer valid”.
SPONSORED: EDF are one of the largest aggregators of distributed flexible assets in Europe with significant presence in the UK, France, Germany and Belgium. Chris Regan, Head of Energy Trading Services, speaks to Energy-Storage.news editor Andy Colthorpe about EDF's view on battery storage and optimisation, the impacts of the pandemic on this market and what the future could look like.