The sale of an NEC Corporation business division involved in manufacturing lithium-ion batteries will have no material impact on the group’s activities in energy storage, according to a company spokesman.
There is a global trend towards longer duration energy storage and even in this segment, lithium-ion batteries are expected to dominate the market over flow batteries and other technologies, an I.H.S Markit analyst has told Energy-Storage.News.
French energy storage developer and system integrator Electro Power Systems (EPS) has hailed the speedy execution of a microgrid’s expansion in Somalia, which has just been completed in less than 30 days.
Interest in energy storage in the Middle East is ‘ramping up significantly’, as we reported last week in an extract from this interview with IHS Markit analyst Julian Jansen. His firm is forecasting 1.8GW of energy storage for the region by 2025 – from an installed base of next-to-nothing today. Jansen talked us through some of the drivers, market dynamics and the general picture of what we might see developing.
There is increasing high-level interest in the potential for energy storage in the Middle East, with grid-connected systems forecast to reach 1.8GW in the region by 2025, according to I.H.S Markit.
The amount of energy storage investment that came from VC (venture capital) funding more than doubled in the first half of 2017 compared to last year, a new report has found.
UK-based PV company Solarcentury is collaborating with the EU and United Nations Development Program (UNDP) on a €5.7 million (US$6.56 million) electrification project in East Africa.
UK-based renewable energy company BBOXX announced Monday that it met with Faure Gnassingbé, the President of the Republic of Togo, to discuss the “CIZO” presidential initiative.
With the rise of solar-plus-storage applications round the world, Frank Qiao, sales director at Growatt New Energy, talks to PV Tech about some of the key inverter trends and new products.
Fluence, a new energy storage company, has been launched jointly by global engineering giant Siemens and energy storage system integrator and developer AES.