Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.
The US industry deployed 168MW / 288MWh of energy storage in the second quarter of this year, the second highest quarterly figures on record, according to Wood Mackenzie Power & Renewables.
The head of the Smart PV division of Chinese technology giant Huawei has said that the high end residential energy storage market will be the company’s entry point into a technology that helps integrate solar to the grid.
Guidelines for lithium-ion battery storage system decommissioning and recycling have been launched in the US by the national Energy Storage Association, while associations in European Union territories as well as the US have come together to launch an online information portal on the safe transportation.
More than 60MWh of residential battery energy storage systems from sonnen will be used in a virtual power plant (VPP) project in California that will fit out solar-powered energy solutions for around 3,000 residential apartments.
AEG Power Solutions’ Convert SC Flex storage converters have been chosen for a smart grid project that will power sports facilities in the Hungarian city of Békéscsaba with green energy.
Smart grid, energy storage and EV charger solutions provider Alfen has made significant quarterly increases in revenues in all three segments according to the Dutch company’s reporting of its latest financial results.
Canadian energy storage technology manufacturer Eguana Technologies has reported greatly increased revenues in its latest quarterly financial results, with the company making recent deals in territories including Japan and Germany.
“Intelligent energy platform” company Kaluza is claiming a UK first as it provides one of the country’s distribution network operators (DNOs) with flexibility from domestic batteries and transport solutions using one platform.
