Solar PV inverter supplier Sungrow debuted its latest 1500V lithium iron phosphate (LFP) lithium-ion energy storage solution at trade show SNEC, held in Shanghai, China.

Canadian Solar has highlighted the increasing importance of adding energy storage to PV projects and the “significant growth opportunities in the solar-plus-storage market” while reporting its latest quarterly financial results.

Lynn Jurich, CEO at major US residential solar installation and leasing company Sunrun has spoken of the big opportunity for aggregated solar-plus-storage systems to provide grid services and in doing so help lower the cost of installations.

News in brief from around the world in energy storage.

Q CELLS will acquire US energy storage software company Geli, as the solar company targets becoming a complete provider of “smart energy solutions”.

Peer-to-peer (P2P) energy trading using distributed battery storage in Japanese households could be a scalable business once prohibitive rules change in a couple of years’ time, a provider of renewable energy equipment in the country has said.

A newly released standard creates nationally applicable guidance for DER manufacturers on how grid support functions in their products will be tested. Brian Lydic, chief regulatory engineer at the Interstate Renewable Energy Council (IREC), talks about what this means for enabling the grid modernisation that will be needed to support high levels of renewable energy and energy storage.

While energy storage is still a small part of their respective businesses overall, recent quarterly financial reports from US-based geothermal company Ormat and standby generator maker Generac emphasised expectations of market growth going forwards.

AES Corporation reaffirmed its 2020 financial guidance in presenting its latest quarterly results, which showed a total backlog of renewables and energy storage contracts of 6.2GW, while the company said it will reduce generation from coal to less than 30% of its total capacity by the end of this year.

It is likely Spain will introduce “important regulatory changes in the coming years” to enable the European country to meet a national target of deploying 2.5GW of energy storage by 2030, analysts at consultancy firm Clean Horizon have said.