Australian flow battery manufacturer Redflow has resumed battery deliveries after laboratory test results revealed that a significant number of batteries in stock meet the company’s quality standards, enabling immediate delivery to customers, and scored a AU$800,000 order.
British renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Energy storage has reached a point of commercial viability in the UK according to the chief executive of redT energy, who said the company had now reached “the right price” for an economic proposition.
Power management firm Eaton has landed a multi-year partnership with Manchester City, becoming the football club’s official home energy storage partner in the UK.
Another 500MW of energy storage procurement targets have been bestowed onto California’s three main investor-owned utilities by the state’s Public Utilities’ Commission (PUC), on top of an existing 1.325GW mandate.
Distributed energy technologies such as solar and battery-based energy storage could save Australia AU$101 billion (US$75 billion) by 2050 and completely eliminate greenhouse gas emissions, according to a new report from CSIRO and Energy Networks Australia (ENA).
A “first of its kind” collaboration between energy storage provider Sonnen and transmission system operator TenneT will integrate solar and batteries into energy networks in Germany using blockchain technology.
Flow battery maker Primus Power was leader of the charts in VC funding in the first quarter of 2017, securing US$32 million from a range of investors, according to Mercom Capital’s latest report.
