A ‘call for evidence’ from the UK government on how to reform the energy sector, calling for information and commentary by industry and other stakeholders, has been welcomed by the country’s Electricity Storage Network trade association.
Manufacturing equipment supplier Manz AG said 25% of its revenues for the first nine months of this year came from its energy storage segment, despite the ill effects of a large order being stopped.
SolarCity and Green Charge have announced two commercial scale energy storage systems in California, one completed and the other yet to be built, which will each save the host over US$100,000 a year in energy costs.
Power conversion specialist Ideal Power has received an order for 0.5MW of its 30kW power conversion systems (PCS) for commercial energy storage projects in Germany, from an unnamed customer or customers.
Tesla has acquired German engineering firm Grohmann Engineering to form a new advanced automation segment of its business, producing manufacturing equipment for its factories in the US.
A drive aimed at reducing the soft costs of distributed energy storage systems by the New York State Energy Research and Development Authority (NYSERDA) could award over US$8 million of funding.
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.
