A City of London investment bank has said it agrees that Swiss energy storage maker and integrator Leclanché will reach profitability, but expects it to take a year longer than the company itself has predicted.
An EV and stationary energy storage battery start-up headed by former SpaceX, Tesla, Apple, Amazon and Samsung designers and engineers has mobilised almost US$100 million of financing and contracts to kickstart manufacturing operations.
The US Department of Energy’s (DOE) assessment of reliability and security of the country’s electrical grid network is “encouraging”, the Energy Storage Association’s head has said in her initial reaction to the report’s publication.
Regulations for the safe use of energy storage systems still need adaptation to “accommodate a broader use of energy storage with higher energy content like lithium-ion batteries in private homes”, experts at Fraunhofer ISE (Institute for Solar Energy Systems) have said.
One of the distribution network operators (DNOs) tasked with maintaining security of electricity supply into British homes is launching a tender for flexibility services that include energy storage.
A set of guidelines for safely installing energy storage at customers’ houses will probably undergo significant revision from its current draft, which has been slammed as “not fit for purpose” by the head of the Australian Energy Storage Council.
California’s grid operations will be supported by the ramping of an estimated 3,000MW of energy storage, when a solar eclipse expected across the Pacific North-West of the US will cause PV generation to dip.
The CEO of a company that makes ‘microstorage’ units that connect directly to individual solar PV panels, says his products come with 20-year warranties with the intention of matching PV system owners’ expectations of product quality and lifetime.
Compressed Air Energy Storage (CAES) company Hydrostor announced Tuesday that it has sought the services of Australian global infrastructure firm AECOM to support its entry into the market.
