The hotly anticipated announcement tomorrow of two products in the Tesla’s stationary storage range, teased and trailed by a series of cryptic and not-so-cryptic tweets and interview snippets, has led to mainstream media taking an interest in the stationary storage sector and what it could offer like no other news we’ve heard to date. And there hasn’t even been any actual news yet. Andy Colthorpe spoke to energy storage expert Cosmin Laslau at Lux Research, about what to expect.
Investment by UK tech entrepreneur and inventor James Dyson into battery company Sakti3 was among the biggest deals in the sector in the first quarter of this year, a new report has found.
Along with cost reductions in balance of systems (BoS) components and US$1 billion of investment, energy storage technologies can reduce the cost of commercial solar and drive the market segment forward in the US, a SolarCity spokesman has said.
An academic based in north east England has called on the UK government to give energy storage “its own asset class with accompanying rules for appropriate regulatory treatment” as well as investing in the technology in order to enable future energy bill savings.
Following February’s Guest Blog which looked at factors- barriers, boundaries and benefits- that can influence its widespread adoption, SMA’s Aleksandra-Sasa Bukvic-Schaefer and Volker Wachenfeld focus on the discussions behind designing and implementing home solar-plus-storage.
Energy storage start-up Stem says it sees “strong opportunity” for expansion of its business in Australia, Japan and the EU, in the week when the company closed a US$12 million funding round led by Japanese trading company Mitsui & Co.
A US energy company is testing power-to-gas systems that store energy from renewable energy production, including solar power, during times of excess supply.
Sonnenbatterie, considered to be one of the market leaders in Germany’s emerging solar-plus-storage sector, claims the new version of its Sonnenbatterie Eco battery storage system has as much as double the potential lifespan of previous models.
Australian prime minister Tony Abbott is like King Canute, standing on the shore commanding the tide of renewable energy and energy storage not to come in. But no matter how much he rails against the future, this prime minister is way too late to stop the tide of progress. A range of factors are coming together at the same time that will see distributed solar PV combined with energy storage move into the early mainstream in the coming years – and sooner than later, says John Grimes of the Australian Storage Council and Australian Solar Council.
UK energy storage start-up Powervault has exceeded its £350,000 (US$500,000) crowd funding target as it looks to commercialise its ‘plug and play’ domestic storage device.
