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.
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.
So-called ‘second life’ batteries taken from Nissan’s Leaf electric vehicle (EV) will be deployed in commercial-scale energy storage systems in regions including the US, following a deal involving Green Charge Networks.
Remaining on the grid while using solar paired with batteries is likely to become a more economically attractive option for commercial and residential customers in key US markets, a new report from the Rocky Mountain Institute (RMI) claims.
The importance of technologies and services that enable effective energy storage including software and systems integration, is set to grow more than 30 times over in the next nine years, a new report claims.
PV Tech Storage interviews John Jung of Greensmith, an energy storage system and software provider which claims to have been involved with one third of all storage deployed in the US last year. Jung discusses ‘killer apps’, opening up new business models in new markets, software and battery agnosticism.
Two recent reports, one from credit rating and investment advisory agency Moody’s, the other from technology and tech market analysts Navigant Research, appear to show divergent views on the potential of distributed energy storage, including residential solar-plus-batteries.