Some news in brief from around the world in energy storage.

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 government of India has announced measures to promote new “Champion Sectors” of economic growth, including support incentives for advanced battery cell and solar PV manufacturing.

The cost of battery energy storage has continued on its trajectory downwards and now stands at US$150 per megawatt-hour for battery storage with four hours’ discharge duration, making it more and more competitive with fossil fuels. Andy Colthorpe spoke to Tifenn Brandily, lead author of BloombergNEF’s latest LCOE report.

Despite a subdued year in 2019 and a challenging start to 2020 caused by the COVID-19 outbreak, the outlook for energy storage remains strong, says Julian Jansen of market research group IHS Markit, taking a deep dive across segments and geographies.

While most conversation around energy storage focuses on batteries, a recent Solar Energy Corporation of India tender achieved the lowest tariffs for renewables with storage using a much more ‘old-fashioned’ technology, writes Kowtham raj VS of NITI Aayog.

Dimitrios Pappas, analyst at new energy consultancy Delta-EE, considers the impact the novel coronavirus (COVID-19) could have on the energy transition, particularly for batteries used in EVs and ESS, while Energy-Storage.news editor Andy Colthorpe adds his own take.

KORE Power has edged closer to the launch of its Mark 1 battery cells after the company landed a handful of product safety certifications.

In this edition of PV Tech Power, features include:

• The power of many
  Inside the new paradigm of solar-plus-storage-plus-wind projects
• Modi’s mission
  Does India have any chance of meeting its ambitious solar target?
• Bifacial performance
  Exclusive insight into maximising bifacial returns