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.
India’s first major large-scale solar-plus-storage tenders, tied with solar parks, have been cancelled by the Solar Energy Corporation of India (SECI).
A local government-owned utility in Australia’s Northern Territory is set to go ahead with a 5MW / 3.3MWh battery energy storage system (BESS) in the town of Alice Springs.
A proposed 500MW pumped hydro energy storage facility in the Philippines will be designed and constructed by Power Construction Corporation of China (POWERCHINA), which will also carry out procurement duties.
A lack of clarity around India’s recently enforced Goods and Services Tax (GST) Bill has caused a PV tender delay in the state of Gujarat and prompted the nation’s energy storage alliance to write a letter of appeal to the government.
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.
At least two global technology leaders could set up Gigafactories to manufacture lithium-ion cells in India in the next couple of years, and most major Indian firms are setting up energy storage divisions, according to the head of the India Energy Storage Alliance (IESA).
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.