One UK energy storage company has compared its latest venture to the energy trading markets of California ISO, as it prepares to pay its customers for providing vital grid services through their residential systems.

24M Technologies, a battery company spun out of A123 Systems in 2010, has signed a memorandum of understanding (MoU) to supply its semisolid lithium-ion cells to NEC Energy Solutions for use in NEC ES’s integrated energy storage systems.

European inverter manufacturer SMA Solar Technology will supply equipment to a 200MW large-scale energy storage project in Korea, including 1,000 battery inverters.

Investing in energy storage batteries to “create a 21st century, decentralised energy system” could pave the way to a sustainable and subsidy-free future for solar in the UK, according to an influential former minister.

Battery-based energy storage could provide up to 13 different services to the US electricity grid, while the usefulness of the technology increases the more ‘distributed’ it is along the system, according to a new report.

We are approaching the sixth annual Solar Energy UK conference and exhibition, hosted by our publisher Solar Media. Taking place next week amid challenging times for the UK PV industry, recognition of the potential of storage at the top level at last, and actions already underway by the industry, will be among the central topics of discussion, with more exhibitors and conference strands than ever before.

We’ve been talking over the past few months with a large number of key and emerging players in the UK’s energy storage industry. With our show Solar Energy UK coming up next week, we thought this would be a good opportunity to share with you the thoughts of two of those players on the relationship between renewables and energy storage.

Multinational conglomerate corporation GE has announced Current, a new energy company that combines GE’s LED, solar, energy storage and electric vehicle businesses with its Predix platform to single out and provide cost-effective and efficient energy solutions to customers.

The recognition by regulators of the need for an enlarged role for energy storage in the UK is a major milestone for the sector, trade associations in the country have said.

PV inverter firm Bonfiglioli has launched its RPS TL-4Q inverter series for utility-scale grid-connected energy storage systems in India, claiming there is strong future potential for on-grid and off-grid battery storage systems in the Indian market.