JLM Energy, a US maker of residential ’microstorage’ systems that pair with individual solar panels, is leaning on its US$25 million project finance fund to develop larger storage projects for commercial businesses.
Axiom Exergy, a US manufacturer of energy storage units that use stored energy for cooling buildings and produce, has netted close to US$8 million from investors including Shell’s venture capital unit and Tesla battery guru JB Straubel.
Solar Media, the publisher of sites including Energy-Storage.News and PV Tech, has just launched the latest edition of the annual Global Energy Storage Opportunity report for this year – available now as a free download.
Israel-headquartered SolarEdge launched a software platform for aggregating household energy storage units – and other distributed energy equipment – into virtual power plants, last week. The company’s solution has already been chosen for a VPP project in Australia by AGL, one of the country’s biggest utilities. The commercial launch of the VPP platform direct to customers is now underway. Andy Colthorpe spoke with Lior Handelsman, one of SolarEdge’s founders and vice president of marketing and product strategy.
Virtual power plants (VPPs) can greatly increase the value of home energy storage systems for a range of stakeholders including grid operators, utilities and their customers, according to SolarEdge, which has just launched a VPP software platform.
The Thailand subsidiary of Delta Electronics, which makes equipment including solar inverters, has confirmed that it is investigating energy storage systems as part of a clean energy drive, following reports in local press.
There will be no benefit to basing home energy storage systems on automotive batteries, in the medium or long term, a representative of Mercedes-Benz Energy has said.
Voltstorage, a German company founded in Munich in 2016, is launching a vanadium-redox-flow (VRF) energy storage system aimed at the residential market.
1414 Degrees, an Australian startup manufacturing thermal energy storage systems using a proprietary silicon storage medium is preparing to launch an Initial Public Offering (IPO) and build a 200MWh ‘module’ at a renewable energy facility.
