Sunverge CEO Martin Milani talks about the system architectures and technologies that can make residential storage virtual power plants economically viable and useful to the local electricity network. As told to Andy Colthorpe.
There was a near-70% increase in capacity of operational energy storage projects in China paired with solar energy from 2018 to 2019, according to figures recently published by the China Energy Storage Alliance (CNESA).
Storage system providers EnerSys and NeoVolta have made significant changes to their Boards of Directors and Advisors respectively, while US large-scale energy storage independent power producer (IPP) Key Capture Energy has appointed a new director of technology.
Sunverge has been active in the market since 2011 and Martin Milani became chief executive officer (CEO) in late 2017, taking over from company founder Ken Munson. One of the pioneers of using aggregated residential energy storage systems to create virtual power plants (VPPs), here’s some of the backstory and where the company is going these days, as told to Andy Colthorpe.
The European Union’s European Investment Bank (EIB) has affirmed its commitment to supporting a “pan-European battery industry”, while plans of the UK’s first full cycle battery cell gigafactory have been unveiled.
From a full week of webinars and panel discussions, there was a huge amount of ground covered. Here are some more of our takeaways and links to some of the news and views we’ve already posted.
While the performance of lithium batteries has increased tremendously, there’s still room for improvement to lower cost, increase sustainability and maximise their impact on decarbonisation, says Marcos Ierides, consultant and materials expert at innovation consultancy Bax & Company.
The business case for behind-the-meter (BTM) battery storage in Australia appears to be positive, according to a University of Queensland report on the performance of a 1.1MW / 2.15MWh Tesla battery energy storage system (BESS).
