A City of London investment bank has said it agrees that Swiss energy storage maker and integrator Leclanché will reach profitability, but expects it to take a year longer than the company itself has predicted.
An EV and stationary energy storage battery start-up headed by former SpaceX, Tesla, Apple, Amazon and Samsung designers and engineers has mobilised almost US$100 million of financing and contracts to kickstart manufacturing operations.
PV energy provider SunPower announced Wednesday that it has broken ground on a 10MW PV project at the Redstone Arsenal US Army post in Alabama that will also feature a 1MW energy storage system.
Filipino renewable energy firm Solar Philippines is developing an off-grid solar, battery and diesel micro-grid in the Philippines that could be the largest of its kind in Asia, according to the company head.
Utility company Ameren and smart grid company S&C Electric Company announced that they have conducted a successful 24-hour islanding test in August at the recently deployed Ameren microgrid in Champaign, Illinois.
The latest phase of a AUS$55 million (US$43.8 million) programme giving remote communities in Australia’s Northern Territory reliable and clean power will see a 2MWh battery installed and paired with more than 3,000 solar PV panels.
Tenders for solar-plus-storage projects on French island territories including Corsica, Guadeloupe and Martinique have resulted in winning bids often 40% lower than the victors of previous reverse auctions.
Pierre-Pascal Urbon, CEO of solar inverter manufacturer SMA, has said that the company is anticipating medium-term “exponential growth” in the energy storage market, reporting a “positive performance” in storage-related sales.
French energy storage developer and system integrator Electro Power Systems (EPS) has hailed the speedy execution of a microgrid’s expansion in Somalia, which has just been completed in less than 30 days.
