The growth of technologies such as PV and storage will hit utility company revenues to the tune of US$130 billion a year within a decade, according to a study published yesterday by management consultancy Accenture.
German storage system manufacturer Sonnenbatterie, which announced this week the close of a US$10 million equity funding round, said it sees “high growth potential” for its products in Australia, the UK and Italy.
Japan-headquartered trading company Marubeni Corporation has entered into an agreement with EnerG2 to secure exclusive Asia distribution rights to the Seattle-based manufacturer’s advanced carbon materials, intended for energy storage devices.
The increased growth in urbanisation is putting a strain on our energy, transportation, water, buildings and public spaces, so solutions need to be found which are ‘smart’, i.e. both highly efficient and sustainable on the one hand, as well as generating economic prosperity and social wellbeing on the other.
The German solar industry association, BSW Solar, has created an extensive report on safety for lithium-ion battery-based energy storage systems for home use, and plans to publish an English language version next week.
Toyota will put a commercial fuel cell vehicle (FCV), which it claims can be refuelled in less than five minutes, onto the market in Japan, Europe and the USA from as early as mid-December, the carmaker has announced.
Putting value on energy storage in the UK capacity markets could help pay for deploying the technology more widely, according to the country’s secretary of state for energy and climate change.
Imergy Power Systems, the California-based energy storage specialist, has received an order for four of its ESP5 vanadium flow batteries from Hawaiian renewables firm, Energy Research Systems.
The New York Battery and Energy Storage Technology Consortium (NY BEST), like much of the storage industry worldwide, appears primarily concerned with two things – technological development and looking at how policy, regulatory bodies and other factors can help shape viable markets. Andy Colthorpe spoke to John Cerveny, director of resource management of the association about what makes New York’s storage market tick.
The market for residential solar paired with energy storage will grow tenfold by 2018, despite the relative failure of deployment to “live up to hype”, according to a new report from analysis firm IHS.
