A green bond has been issued in Australia that will give people the chance to invest in energy storage for the first time.
Walking around Energy Storage Europe this year it was obvious that the show, like the market, has grown from a small handful of “strong believers” as one source put it, to a forward-looking show focused on a ‘business-as-usual’ scenario.
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.
Perhaps the biggest indicator of the recognition of behind-the-meter storage so far this year has been the acquisition of Sonnen by oil major Shell. CEO Christoph Ostermann spoke to Andy Colthorpe about why home storage uptake could be on a worldwide series of inflection points.
Energy storage enjoyed another record-breaking year of deployments in the US in 2018, while the residential segment is now “moving beyond early adopters” and into commercial viability, a report from Wood Mackenzie Power & Renewables claims.
Revisions aimed at enabling energy storage’s participation in wholesale markets, proposed by New England’s Independent System Operator (ISO) have been accepted by the Federal Energy Regulatory Commission (FERC), effective 1 April this year.
Alberta, Canada-headquartered energy storage system maker Eguana Tech appears to have found a route to market in Europe, signing an exclusive distribution deal with Hanwha Q CELLS.
Engineering company Siemens has launched the device - configurable in 3.3kWh 'blocks' up to 19.8kWh - in Germany, with an Austria launch to follow in April.
Homeowners across Afghanistan are set to benefit from the country's first pay-as-you-go (PAYG) home solar systems combined with energy storage batteries, being delivered in a pioneering new programme.
With carbon reduction goals a long way off from being met in Europe’s transport sector, energy storage can play a key role in coupling transportation and energy technologies, the European Association for Storage of Energy (EASE) has said.
A new poll has identified energy storage as the most promising technology for institutional investors keen on renewable assets, amid plans by many to ramp up allocations.
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.
Breaking Shell to acquire battery firm sonnen
Shell is to acquire German battery storage manufacturer sonnen in a bid to accelerate its home energy services position.
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.
Solar-plus-storage systems in ordinary households will provide 20MW of energy capacity in New England, with Sunrun announcing the award of a contract from the state’s ISO (independent system operator).
The scrapping of the UK's Zero Carbon homes policy is costing occupants of new-build homes more than £200 (US$257.14) per year, essentially three times the targeted savings from a price cap set by the regulator, Ofgem.