Financial services giant Morgan Stanley has anticipated that the US energy storage market will grow faster than current consensus expectations, while Deloitte has earmarked the technology for exponential growth – although not perhaps this year.
A corporate venture fund set up by oil and gas company Statoil has invested in North American energy storage developer Convergent Energy + Power.
From the outside, the VPP looks like a single power production facility that publishes one schedule of operation and can be optimised from a single remote site. From the inside, the VPP can combine a rich diversity of independent resources into a network via the sophisticated planning, scheduling, and bidding of DER-based services. Peter Asmus examines the role energy storage can play within this architecture.
Canadian manufacturer Sentinel Solar has announced a ‘plug-and-play’ energy storage system, the AHI Wave ESS, for residential use.
Andy Colthorpe and Ben Willis profile some of the companies and technologies making waves in the fast-changing world of stationary energy storage, in a feature article which originally appeared in the seventh issue of PV Tech Power.
News in brief: Korea’s main utility and Samsung SDI have overseas markets in their sights, Leclanché subsidiary targets US and Canada, UK lead acid maker moves to Li-Ion with new crowdfund drive.
What is thought to be Canada’s first virtual power plant (VPP), aggregating the capabilities of a small fleet of solar PV-plus-storage systems with energy management software, has been deployed in Ontario.
Lithium-ion energy storage manufacturer Leclanché has secured new finance from ACE & Company in Switzerland as it looks to double its revenue.
PG&E presents 75MW of energy storage contracts to CPUC, AMS appoints Alain Steven as CTO, Wattstor installs UK’s ‘first’ non-toxic saltwater battery storage system.
