Energy storage will increasingly be deployed to save money on electricity transmission and distribution (T&D) infrastructure, with nearly half of the global market to be found in the Asia-Pacific region by 2026, Navigant Research has said.
Car manufacturer Renault has created a new energy subsidiary which will create smart charging networks, explore vehicle-to-grid (V2G) solutions and utilise second-life EV batteries for stationary energy storage projects.
Finland-based power firm Wärtsilä, which is active in the renewable energy and energy storage markets, plans to enter the Indian energy storage market, citing “looming” grid management challenges in the country.
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.
Microsoft is going to be the off-taker of power from a 37MW wind power project in Europe, trialling the use of integrated battery energy storage to trade the energy.
While it may seem like an obvious choice for US states to include energy storage into their Renewable Portfolio Standard (RPS) commitments, in reality, standalone targets and mandates for energy storage procurement have been preferred.
One of New Zealand’s main gas and electric distribution companies has turned to distributed energy storage systems as a cost-effective alternative to long-distance wires and related infrastructure.
The largest grid-connected energy storage system in Massachusetts will be used to determine the value of the technology throughout the US Commonwealth territory, supported by a Department of Energy Resources (DOER) grant.
Green Charge, a subsidiary of Engie, will install 1.6MWh of energy storage alongside solar at five schools in California’s Visalia Unified School District.
Battery vendors are being hit by a combination of rising prices for raw materials and continuing currency uncertainty, resulting in rapidly changing costs for businesses according to Easystart.
