As well as Elon Musk remarking that the company may have had its “best ever quarter” for solar since the SolarCity takeover, Tesla’s energy storage deployments have enjoyed a ramp up, while a fellow exec hinted the stationary battery business is constrained by cell supply.
Uninterruptible power supply (UPS) provider Vertiv is to use energy flexibility specialist Upside Energy’s cloud-based platform to enable its customers to provide unutilised energy to the UK electricity grid.
As Japan’s heavily regulated energy markets continue a process of liberalisation and supposedly increasing consumer choices, utility TEPCO has launched a smart electricity tariff enabled by the capabilities of residential battery storage.
The renewables investment community “needs to come to grips” with merchant risk after a decade of being “spoiled” by government-backed subsidies for wind and solar.
It’s likely a strong indication of the way the world is adopting renewable energy rapidly that just under a month ago, one of the best-established trade shows for solar in the US featured what seemed like almost as much space dedicated to national and international energy storage companies and technologies, as it did for solar.
Hecate Energy and InfraRed Capital Partners have announced a partnership to form a new energy storage company called Hecate Grid, which will develop, build, own and operate utility-scale energy storage projects across North America.
The UK’s government has shied away from supporting large volumes of solar and other distributed energy technologies through subsidies, but commercial and industrial energy storage and solar-plus-storage could be a huge market opportunity in Britain and abroad.
Bosch has said its investment in a German energy storage company, just announced today, fits in with a purpose of positioning the engineering giant at the forefront of the emerging ‘digital climate and energy’ industry.
An agreement to buy 75% of Korean battery manufacturer Kokam gives SolarEdge a level of vertical integration that could make the PV company a ‘one-stop-shop’ for customers, while SolarEdge could diversify into areas outside solar energy.
