Germany-based utility E.ON has invested in US energy storage software, systems and service company Greensmith, bringing the storage specialist’s Series C round of growth financing to US$18.3 million.

Thin-film PV manufacturer and project developer First Solar is among the investors in a US$50 million funding round for grid-scale storage specialist Younicos, with the money raised set to fuel the latter’s expansion.

PG&E presents 75MW of energy storage contracts to CPUC, AMS appoints Alain Steven as CTO, Wattstor installs UK’s ‘first’ non-toxic saltwater battery storage system.

Energy storage installations in the US this year are expected to be treble what they were in 2014, making it the “biggest year ever” for storage, according to the latest forecasting by GTM Research.

While lithium-ion is expected to hold its leading position as the battery chemistry of choice for at least the next decade, it would be wise to consider investing in its possible successors, according to Lux Research.

A trade association representing some of Germany’s energy storage industry has welcomed the renewal of a support scheme for batteries, but says that establishing “fair market conditions” for storage would be more important.

Ontario’s Independent Electricity System Operator (IESO) has selected five companies to deliver nine energy storage projects with a total capacity of 16.75MW.

The falling cost of energy storage technology will break up the concentrated nature of the global market, according to a new report by IHS Technology.

A US company which analyses Big Data for energy applications has claimed a world first with its involvement in a Dutch project to integrate multiple distributed energy resources into a single system.

James P McDougall, CEO of Younicos blogs on the possibilities of establishing a solar-oriented baseload – and why his company is convinced of the scaling potential of utility-scale batteries.