There is “great appetite” within the commercial battery storage market, however far more investment certainty is needed over pricing and regulatory hurdles such as double-pricing for it to realise its potential.
Southern California Edison appoints Canadian firm AltaGas to build 20MW energy storage facility in California; AltaGas recruits Greensmith for software and integration.
The US Department of Energy (DOE) and the Indian Ministry of Science and Technology (MST) have committed new funds for research on energy storage and smart grids under the US-India Partnership to Advance Clean Energy Research (PACE-R) for US$30 million.
Total’s acquisition of battery provider Saft has set the tone for oil majors to follow and invest in energy storage, distributed generation and solar power ventures, according to a new report from Lux Research.
Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for 100MW of grid-connected solar PV projects with large-scale battery energy storage systems at Kadapa Solar Park, Andhra Pradesh.
Korean battery provider Kokam is to develop a 36MW/13MWh energy storage system for South Korea’s largest utility Korea Electric Power Corporation (KEPCO).
GCL Systems Integration is poised to sink US$24.3 million into new lithium battery factory in China’s Jiangsu province.
Despite its thirteenth quarterly reverse on the spin, Tesla chairman and chief executive Elon Musk predicts Tesla and SolarCity will create an automotive-energy giant worth US$1 trillion.
Massachusetts is to become the third US state, after California and Oregon, to impose minimum requirements for usage of energy storage systems.
Gaelectric’s compressed air energy storage project in Northern Ireland gets €8.3 million EU funding to start drilling.
