Fluence, a new energy storage company, has been launched jointly by global engineering giant Siemens and energy storage system integrator and developer AES.
While the global energy storage industry has continued its pace of rapid growth during the past year, well-established markets remain highly concentrated in specific regions of the world. Alex Eller of Navigant Research discusses many of the factors influencing growth trends for energy storage at both utility-scale and distributed levels.
Welcome to Part 2 of our in-depth talk with Nancy Pfund, managing partner at DBL Partners, a venture capital firm specialising in companies and start-ups that offer both rewarding financial returns and positive social impacts. As well as being one of the earliest backers to Tesla and SolarCity, to utility-scale solar tracker company NEXTracker to Off-Grid Electric, which deploys solar in rural Africa; to others in energy storage like Advanced Microgrid Solutions and Primus Power, Pfund is extremely well-placed to offer a quick Q&A ‘masterclass’ in energy storage investing.
Nancy Pfund is managing partner at DBL Partners, a venture capital firm which specialises in investing in companies and start-ups that offer both rewarding financial returns, and positive social impacts. There have been some serious clean tech companies in DBL’s portfolio, including a pre-IPO investment in Tesla. With this in mind, we spoke to Nancy about how to invest in energy storage wisely and heard her views on the waves of the future. Part 2 to be published tomorrow.
As early as next year, demand for energy storage in consumer electronics could be overtaken by markets for electric mobility and stationary energy storage, Lux Research has forecast.
One of the world’s leading suppliers of solar PV trackers is targeting sales volumes of approximately 15MW per week of the new battery solution it has paired with its products.
A consultancy contract for a 250MW pumped hydro energy storage plant in Dubai has been awarded to French power company EDF by the emirate’s main public infrastructure company.
Dr Matthias Vetter, head of department for electrical energy storage at the testing institute Fraunhofer ISE on educating investors, the prospects for 2nd life batteries and the impact of thermal management on project lifetimes.
SaltX Technology and CSP and integrated energy systems provider Aalborg CSP have signed off on a non-exclusive joint development agreement to develop and commercialise an integrated energy storage solution for Concentrated Solar Power.
Hybrid systems combining the complementary aspects of more than one technology could “change the energy storage landscape”, with 2.1GW predicted for deployment in less than 10 years, according to a report from Navigant Research.
