A plan by utility Con Edison to save US$1 billion on infrastructure spending in New York’s Brooklyn and Queens neighbourhoods will get 13MWh of energy storage from Green Charge.
Third parties and utilities will finance around 84% of the market for grid-tied stationary battery energy storage by 2025, according to a report from Navigant Research.
German inverter manufacturer SMA and Korean battery maker LG Chem have teamed up to offer a residential solar storage solution in Europe and Australia from December 2016 onward.
The energy storage business of German auto manufacturer Mercedes-Benz is expanding to the US market starting early 2017.
Tesla-SolarCity could become an energy equivalent to an Uber or AirBnB, with a merger between the two creating “an integrated sustainable energy company, which does not own any centralised generation assets”, one expert has commented.
From the outside, the VPP looks like a single power production facility that publishes one schedule of operation and can be optimised from a single remote site. From the inside, the VPP can combine a rich diversity of independent resources into a network via the sophisticated planning, scheduling, and bidding of DER-based services. Peter Asmus examines the role energy storage can play within this architecture.
Residential installer Sunrun has teamed up Korean battery manufacturer LG Chem, to offer solar-plus-storage systems in the US, while the battery maker also announced a partnership deal in Australia with distributor Solar Juice.
Energy company Tesla has revealed that it began to ship an updated version of its commercial battery storage solution last month, featuring doubled energy density.
A company offering solar-plus-storage systems for the residential market has introduced a set of controls that allow consumers to adapt to utility rates and legislative changes with the flick of a switch.
EV manufacturer and battery specialist Tesla Motors has reported strong results with a return to profit in Q3 this year and expectations of this positive performance to continue into Q4.
