Car manufacturer Renault has created a new energy subsidiary which will create smart charging networks, explore vehicle-to-grid (V2G) solutions and utilise second-life EV batteries for stationary energy storage projects.
Finland-based power firm Wärtsilä, which is active in the renewable energy and energy storage markets, plans to enter the Indian energy storage market, citing “looming” grid management challenges in the country.
What does it mean to be all things to all people? Does it overstretch resources to breaking point, or does it give you a chance to cast a wider net and capture market share? Vivint Solar recently joined Tesla in a race to offer whole packages including solar, storage, EV charging and other components to US customers. We talked to GTM Research’s Brett Simon on some of the dynamics of those parallel strategies.
While it may seem like an obvious choice for US states to include energy storage into their Renewable Portfolio Standard (RPS) commitments, in reality, standalone targets and mandates for energy storage procurement have been preferred.
Both energy storage asset owners and companies setting up to provide operations and maintenance (O&M) services for battery installations need to commit to higher levels of due diligence when selecting contractors according to RES Group’s head of solar and O&M.
One of New Zealand’s main gas and electric distribution companies has turned to distributed energy storage systems as a cost-effective alternative to long-distance wires and related infrastructure.
Green Charge, a subsidiary of Engie, will install 1.6MWh of energy storage alongside solar at five schools in California’s Visalia Unified School District.
Battery vendors are being hit by a combination of rising prices for raw materials and continuing currency uncertainty, resulting in rapidly changing costs for businesses according to Easystart.
In a world where energy storage will play an increasingly important role – in balancing renewables, reinforcing the network, and reducing energy costs – how important will ‘brand’ be?
