News in brief: Australia gets its largest battery storage system to date, Tesla man persuaded to go back to Sonnenbatterie and Gildemeister installs PV-linked flow battery systems in Czech Republic.
Solar cell and battery hybrid technology could become a commercial success as long as it clears the “valley of death” out of academia, a scientist working on the project has claimed.
Through a brief history of batteries and some findings from his own team’s work, Volker Wachenfeld of SMA Solar Technology answers a frequently asked question in energy storage; how can compatibility with the existing variety of batteries in the market be put into practice?
Australia’s Renewable Energy Agency (ARENA) released a hefty report on global energy storage and how it relates back to the domestic situation last month. Tom Kenning investigated one of the report’s main conclusions – that the value for energy storage in Australia, initially at least, will most likely be found behind-the-meter.
India’s Ministry of New and Renewable Energy (MNRE) has invited expressions of interest (EOI) for energy storage demonstration projects to integrate renewables, recognising that the technology “has the potential to become highly attractive for both grid-connected and off-grid renewable energy applications”.
The closing of Feed-in-Tariffs (FiTs) for solar installations in the Australian state of New South Wales (NSW) at the end 2016 presents a “perfect marketing opportunity” for energy storage retailers, according to industry members.
Some news in brief from around the world of energy storage this week: One of the big solar inverter players, KACO, has picked out Ideal Power’s patented technology to boost its storage push, Electrovaya has been quick to highlight the positive impact it said it received from purchasing Litarion, an EV fast-charge station could be the first step in a big change for West Australia.
Mercom Capital Group’s second quarter 2015 report into VC funding in the energy storage, smart grid and energy efficiency sectors made for interesting reading for the battery and storage space. As PV Tech Storage noted on 21 July from the report, VC funding almost doubled over the first quarter of the year and the sector saw Arnold Schwarzenegger put his money where his green credentials are, bringing some celebrity investor gloss to the proceedings. PV Tech Storage spoke to Mercom Capital chief Raj Prabhu to delve deeper into the statistics.
Some news in brief from around the world of energy storage this week: Manz underlines positive assessment of energy storage sector with US$55 million deals, Sonnenbatterie backs US push with investment from INVEN Capital, local sources report AES wants to build 250MW of projects in Philippines.
Venture capital (VC) funding for battery and energy storage companies totalled US$126 million in the second quarter of this year, almost doubling Q1’s US$69 million total raised, according to a report from Mercom Capital Group.
