The cost of energy storage technologies is set to reduce significantly over the next five years driven by economies of scale and improvements in both technology and standardisation, according to a new report from financial advisory and asset management firm Lazard.
Software for energy storage systems will be a mixture of in-house solutions by integrator/ developers and third-party providers, in an industry segment set for a steep rise in value, according to one expert.
US residential solar company Sunrun announced Wednesday that its BrightBox solar energy generation and home battery storage service is now available to homeowners across California.
US energy storage inverter manufacturer Dynapower has partnered with South Korea’s Samsung SDI to launch an integrated behind-the-meter energy storage system, featuring Dynapower’s Generation 2 MPS inverters and Samsung SDI’s E2 batteries.
An Arizona scheme to study the use of energy storage and smart inverters in integrating solar to the grid has contracted the deployment of 4MW of AES Energy Storage’s lithium battery systems.
News in brief: Sunverge launches AC-coupled systems, whether South Australia’s blackouts could have been a different story with batteries, German government approves model region project for renewables, storage and grids.
A programme by utility Con Edison to reduce stress on the electrical grid at low cost to consumers in two districts of New York will get its first microgrid at a low-income housing complex.
Ireland’s first Tesla Powerpack commercial-scale energy storage system has been installed successfully recently, while England’s first was officially opened with a visit from a government minister yesterday.
By combining PV with a storage solution, homeowners gain from a variety of possibilities to increase self-consumption, improve system profitability, and get backup power. However, it is important to know how to select the right kind of storage solution. Lior Handelsman of SolarEdge discusses some of the main factors involved.
Residential energy storage company SONNEN announced Tuesday that Blake Richetta, former North American sales manager for Tesla Energy, will help lead SONNEN’s expansion into the US as vice president of sales.
