Engineering company Siemens has launched the device – configurable in 3.3kWh ‘blocks’ up to 19.8kWh – in Germany, with an Austria launch to follow in April.
Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry’s business case, financiers stress at Energy Storage Summit.
Co-location of large-scale energy storage systems with solar and wind generation is not an immediate prospect for the UK’s clean energy markets, although interest is there, an expert panel said today at the Energy Storage Summit.
Homeowners across Afghanistan are set to benefit from the country’s first pay-as-you-go (PAYG) home solar systems combined with energy storage batteries, being delivered in a pioneering new programme.
With carbon reduction goals a long way off from being met in Europe’s transport sector, energy storage can play a key role in coupling transportation and energy technologies, the European Association for Storage of Energy (EASE) has said.
A new poll has identified energy storage as the most promising technology for institutional investors keen on renewable assets, amid plans by many to ramp up allocations.
SA Water, which delivers water to more than one-and-a-half million people in South Australia, has picked out local contractor Enerven to execute the roll-out of PV and battery storage across 70 of its facilities in the next 18 months.
UK battery storage firm Zenobe Energy has secured a £25 million (US$32.27 million) investment from Japanese power giants Jera and Tokyo Electric Power Company (Tepco).
Firm spies potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it expects to be worth more than US£2 billion (US$2.58 billion) a year by 2025.
