Energy storage and microgrid software specialist Geli Energy and storage system maker Imergy Power Systems will collaborate on a California Energy Commission-funded microgrid project which could save a college district US$75,000 a year in energy bills.

EOS Energy Storage has placed an order totalling more than 1MW from NASDAQ-listed power converter specialist Ideal Power, while both companies have launched new products since the start of the year.

Two providers of large-scale battery systems for energy storage have announced expansion plans this month, with Vizn Energy opening new headquarters in Texas, and Younicos forming three separate new business units to address “rapid growth” in the market.

For decades Australia has been at the forefront in deploying renewable energy, coupled with energy storage solutions, in off grid and fringe of grid areas across remote Australia.  Many communities have transitioned away from polluting and expensive diesel generators and now use reliable and sustainable renewable energy and energy storage solutions.  But it is only now that the full impact of lower energy storage costs are becoming clear, writes John Grimes of the Australian Energy Storage Council.

Mining giant Glencore has taken delivery of a lithium-ion energy storage system at a nickel mining complex in Canada, to be used to lower diesel costs and integrate power from wind turbines.

E.ON, the German utility giant with 61GW of generation assets, has announced plans to split its business in two. The company will stake its future on renewables in a major restructuring, spinning off its conventional power generation business, in part as a response to the growth in distributed generation. Cosmin Laslau of Lux Research digs deeper.

Investment bank Citigroup is predicting a 240GW global battery storage market worth US$400 billion by 2030 as increased deployment creates a “virtuous circle” of falling costs.

Energy storage and battery companies netted US$418 million in funding, while a further US$232 million changed hands in mergers and acquisitions (M&A) of battery or storage companies during 2014, according to a new report from Mercom Capital.

Will the Indian battery market scenario witness a major change? As the power supply in the country continues to be unreliable, the role of batteries has to change from being an emergency back-up solution to a long time power/energy storage solution.

The UK’s Renewable Energy Association (REA) has launched two new trade groups to represent the solar and storage industries respectively.