NEC Corporation representatives have said that while the domestic market opportunity for battery energy storage remains fairly small for the Japanese company, it is expected to “increase dramatically” within the next three years at commercial and industrial (C&I) and utility-scale.
“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
In the past couple of weeks, national and state government organisations in Australia have announced various stages of development for solar projects with a range of advanced and innovative storage solutions attached.
Installing and maintaining renewable energy resources can be viewed as an “essential service”, according to the California Solar + Storage Association (CALSSA).
The energy storage industry in the US is experiencing delays and could be staring in the face of potential job losses, according to a poll conducted by the national Energy Storage Association (ESA).
With many climate protection advocates as well as the industry itself calling on Europe’s lawmakers to recognise the importance of energy storage, a “significant slowdown” in 2019 is expected to be countered with a more positive outlook going forwards.
Blockchain technology and a digital trading platform enables sonnen’s latest virtual power plant (VPP) project in northeast Germany to store wind energy that would otherwise be curtailed and ‘lost’.
Solar Energy Industries Association (SEIA) and Energy Storage Association (ESA) are among a group of six clean energy trade groups that have called on Congress to help the sector to ride out the worst economic impacts from the COVID-19 pandemic.
Controlled Thermal Resources and Lilac Solutions are creating facilities for lithium extraction and chemical processing at a geothermal plant at Imperial Valley’s shallow, saline Salton Sea.
We sat down with Vincent de Rul, Director of Energy Solutions at EDF, based in the UK, to discuss the long term opportunities that battery storage and related technologies represent for energy flexibility and the future of renewable energy.