Chinese companies CATL and KSTAR have begun supplying ‘all-in-one’ single phase residential energy storage solutions in Europe, kicking off with the market for home storage in the Netherlands.
Energy storage systems based around vanadium redox flow batteries (VRFBs) are being developed for residential use in Australia by partners Australian Vanadium (AVL) and Gui Zhou Collect Energy Century Science and Technology.
The Solar Energy Corporation of India (SECI) has invited bids for a 100MWac/200MWp solar project with a 50MW/150MWh battery energy storage system in the state of Chhattisgarh.
Greenko said that it will be helped along with plans to build multiple gigawatts of renewable energy plants alongside energy storage in India by an investment from Tokyo-headquartered ORIX Corporation.
Sodium-sulfur (NAS) batteries made by NGK Insulators will be supplied by a subsidiary of chemicals company BASF for power-to-gas projects by South Korean company G-Philos in global territories.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.
The head of the Smart PV division of Chinese technology giant Huawei has said that the high end residential energy storage market will be the company’s entry point into a technology that helps integrate solar to the grid.
The new CEO at VRB Energy, a maker of vanadium redox flow battery energy storage devices, claims that ongoing improvements to its technologies will allow it to outcompete lithium-ion energy storage in the coming years.
