GE’s intention to move into the energy storage industry is a further sign that the sector is maturing, a leading analyst has said.

A programme to re-configure New York’s energy networks, including a comprehensive evaluation of energy storage, could provide “valuable lessons” for other parts of the world, according to the New York Battery and Energy Storage Technology consortium (NY BEST).

Reports that a grid operator in France has found battery-based energy storage “too costly” to be used to integrate renewable energy have been criticised by a spokesman for energy storage developer Younicos.

UK energy and climate secretary Amber Rudd has spoken of her excitement of the “fantastic opportunity” posed by combining energy storage solutions with solar PV.

Some news in brief from around the world of energy storage this week: Manz underlines positive assessment of energy storage sector with US$55 million deals, Sonnenbatterie backs US push with investment from INVEN Capital, local sources report AES wants to build 250MW of projects in Philippines.

Venture capital (VC) funding for battery and energy storage companies totalled US$126 million in the second quarter of this year, almost doubling Q1’s US$69 million total raised, according to a report from Mercom Capital Group.

At a recent London event hosted by UK storage manufacturer Moixa Technology, academic Jonathan Radcliffe of the University of Birmingham talks through some of the benefits – and barriers – to storage in the UK, as well as the wider implications for adding flexibility to electricity networks with batteries and related technologies.

Terraform Power, the renewable energy investment vehicle launched by SunEdison, the world’s biggest cleantech developer at present, is set to make its first acquisition in energy storage, SunEdison announced yesterday.

Some news in brief from around the world of energy storage this week: Dutch grid-balancing act heralds AES’ first Europe installation, Japanese PV inverter company Tabuchi makes bid to become household name in US solar-plus-storage and Solar Impulse takes unscheduled break from spreading clean energy message.

Andy Colthorpe spoke to Energy Storage Association (ESA) executive director Matt Roberts a few weeks ago, shortly after the group’s annual conference in Dallas, Texas. Based in Washington, the organisation’s activities include advising on policy at regulatory and state level as well as encouraging technologists and researchers to share knowledge.