The cost of energy storage technologies is set to reduce significantly over the next five years driven by economies of scale and improvements in both technology and standardisation, according to a new report from financial advisory and asset management firm Lazard.
A programme by utility Con Edison to reduce stress on the electrical grid at low cost to consumers in two districts of New York will get its first microgrid at a low-income housing complex.
A US state-backed organisation is partnering with the government of Singapore to build and test up to three energy storage systems using a variety of technologies on the island state.
Zinc-air battery-based energy storage system maker Fluidic Energy has received US$20 million in investment for projects in south-east Asia from a private equity fund which includes the Asian Development Bank as a partner.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, Energy-Storage.News’ sister site PV Tech revealed today.
Poor grid flexibility in Indonesia means energy storage could be critical leverage when trying to install solar and wind projects.
The soon-to-be-merged Tesla and SolarCity have completed a solar-plus-storage microgrid on an island in American Samoa that will reduce the local population’s reliance on costly and cumbersome diesel imports.
German manufacturer Tesvolt will supply 3MWh of energy storage to 25 villages in Mali, Africa, which the company claims will allow the currently diesel-reliant residents to drastically reduce electricity costs.
Vertically integrated energy storage solution company Leclanché and global battery manufacturer Narada Power have agreed to a strategic partnership for the manufacturing and development of lithium-ion battery technology for the Chinese and global markets.
Energy storage designer and manufacturer SimpliPhi Power Energy has completed installing a ‘plug and play microgrid’ for an off-grid solar-plus-storage project with Pure Power in California.
