While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.
Major new storage trial in Australia, ViZn announces new advisory board members, CEFC announces new funding for low carbon tech.
Power firm AES India recently agreed to build the first large-scale battery-based energy storage project in India, working with consumer electronics and energy storage firm Panasonic India. Manish Kumar, managing director, energy storage, AES Corporation spoke to Energy-Storage.News to explain the potential of the Indian market and how the project will progress.
As Britain ponders its future in the European Union, Dr Jill Cainey of UK trade group the Electricity Storage Network discusses how grid codes will remain a binding factor in the continent’s electricity markets, regardless of the outcome of the referendum.
French energy storage system maker Electro Power Systems has reported “outstanding results” for the first quarter of this year as well as a €2.4 million backlog of orders in East Africa, Asia-Pacific and Italy.
An impending €950 million (US$1.07 billion) acquisition of battery manufacturer Saft will enable French oil major Total to “span the value chain” and exploit synergies with EV and solar markets, an energy market expert has said.
US-based Storage provider AES Energy Storage has made significant expansions away from established markets into relatively untapped regions across the globe.
Oil and gas company Total has proposed to buy battery company Saft, which produces devices for the stationary storage industry as well as for transport and other applications.
SolarCity, one of the biggest names in US residential solar, has announced a new set of services targeted at utility and grid operators including the official launch of its grid-scale solar-plus-storage offering.
Tucson Electric Power (TEP), a utility in Southern Arizona with around 420,000 customers, has received approval to build two 10MW energy storage systems, including one co-located with solar, from the state’s regulator.
