US$400 million of funding pledged by New York’s state Governor Andrew Cuomo last week towards his “comprehensive climate agenda” will include US$280 million in support for energy storage.
Along with TEPCO, Mercom named other major utilities and companies with a background in oil and gas as investors in the battery storage sector during the quarter.
Portugal’s EDP has inked a deal for its largest PV project to date, a 3.8MWp solar-plus-storage duo it will develop for lead acid battery and storage system maker Exide Technologies.
Grid-connected energy storage deployments have enjoyed a compound annual growth rate (CAGR) of 74% worldwide in the years 2013 to 2018, with a “boom” in deployment figures expected over the next five years, analysis firm Wood Mackenzie has said.
A push to establish an Investment Tax Credit (ITC) for energy storage has not only been welcomed by clean energy advocates and the industry, but might also meet the some stated aims of the Trump administration’s energy policies, an analyst has said.
The capabilities of virtual power plants (VPPs) to provide capacity as well as frequency regulation services to the grid in Australia will be demonstrated through a new integration trial.
Chinese solar inverter manufacturer Sungrow not only continues to lead the global market for inverter shipments, the company’s energy storage business enjoyed huge growth in revenue during 2018.
Andy Colthorpe caught up with Moixa CTO Chris Wright to hear about how a tie-in with trading company ITOCHU and the Ministry of Economy, Trade and Industry (METI) is creating smarter energy networks in Japan using solar, batteries, electric cars – and Moixa’s GridShare software platform.
