An energy storage market and tech analyst has told Energy-Storage.News a decision by flow battery maker Redflow to shift focus away from the residential market signals that it is “highly unlikely” the technology can compete with lithium-ion in that space.
Whilst most of the federal incentive buzz for energy storage surrounds California’s Self-Generation Incentive Programme (SGIP), new bills from Hawaii and Maryland provide insights on how state storage incentives are moving beyond the Golden State.
UK distribution network operator Western Power Distribution (WPD) has launched a consultation seeking views on the potential growth of energy storage on its distribution network after receiving an ‘unprecedented’ 8GW of applications in the last 18 months.
Tesla has announced the first programme to aggregate the capabilities of hundreds of its residential and commercial stationary storage systems in a partnership with Vermont utility Green Mountain Power.
Australian flow battery manufacturer Redflow has resumed battery deliveries after laboratory test results revealed that a significant number of batteries in stock meet the company’s quality standards, enabling immediate delivery to customers, and scored a AU$800,000 order.
British renewables utility Good Energy has launched a corporate bond offer as it looks to plough investment into a diversification strategy focusing on battery storage and EV charging networks.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Energy storage has reached a point of commercial viability in the UK according to the chief executive of redT energy, who said the company had now reached “the right price” for an economic proposition.
‘Global leader’ California’s main utilities given additional 500MW energy storage procurement target
Another 500MW of energy storage procurement targets have been bestowed onto California’s three main investor-owned utilities by the state’s Public Utilities’ Commission (PUC), on top of an existing 1.325GW mandate.
News in brief from this week in energy storage around the world.
A “first of its kind” collaboration between energy storage provider Sonnen and transmission system operator TenneT will integrate solar and batteries into energy networks in Germany using blockchain technology.
Flow battery maker Primus Power was leader of the charts in VC funding in the first quarter of 2017, securing US$32 million from a range of investors, according to Mercom Capital’s latest report.
Australia-based flow battery provider Redflow has paused deliveries of new batteries after a number of unexpected product mode failures during remote monitoring at customer sites, according to a filing on the Australian Stock Exchange.
In the spirit of harnessing clean energy and enhancing grid reliability, Californian utility San Diego Gas & Electric (SDG&E) has signed contracts for 83.5MW of energy storage.
Projects that demonstrate how energy storage can benefit a wide range of stakeholders and the electric grid can compete for US$15.5 million of funding from the New York State Energy Research and Development Authority (NYSERDA).
Work has been completed on a 1MW / 2MWh battery energy storage system for a ‘multi-resource microgrid’ in Denver, by Younicos and its project partners, Panasonic and utility Xcel Energy.