The UK remains on track for a big push on energy storage with the latest budget backing changes proposed in a key report and an imminent consultation looking to shake-up the role of network operators.
Two initiatives have got underway in Europe, one in Germany and the other in Britain, aimed at accelerating battery development for electric vehicles and stationary storage respectively, while vacuum cleaner company Dyson has pledged a US$1.44 billion commitment to batteries – for cordless cleaning devices.
Puerto Rico’s financially troubled electric power authority PREPA will install a large-scale battery park at a 10MW PV farm, to help integrate the farm’s output and other renewables.
Germany-based inverter firm SMA Solar technology has qualified lithium-based energy storage systems from commercial battery system provider Tesvolt for use with SMA’s Sunny Island battery inverter.
Energy storage solutions combined with hybrid solar PV plants and diesel generators will soon benefit communities in two starkly contrasting locations – in a luxury Maldives resort and in Australia’s Aboriginal community.
Ontario’s successes in creating and fostering a market and industry for energy storage owes a lot to policy makers taking a coherent, long-term view of its entire energy sector, according to a representative of Canada’s only energy storage trade association.
Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
Lithium-ion energy storage manufacturer Leclanché has secured new finance from ACE & Company in Switzerland as it looks to double its revenue.
The potential for integrating energy storage, wind and solar energy in India is to be investigated under a new US-backed study, which will help India design its future grid.
The Solar Energy Corporation of India (SECI) has invited expressions of interest for what may be India’s first utility-scale energy storage project to be combined with a solar and wind hybrid project at Rangreek in the mountainous state of Himachal Pradesh.
