US analysis firm GTM Research has published the latest commentary to highlight significant potential in Australia for energy storage, driven by the success of its PV industry.
Top names have signed up to support the Energy Storage division of PV Tech Storage’s publisher Solar Media, which has launched a series of events and media activities for next year, targeting the UK’s nascent industry.
John Grimes of Australia’s Energy Storage Council writes a summary of the recent Global Energy Storage Market Overview & Regional Summary Report which was issued to his group’s members in October. The report looks at many of the big trends and activities driving the space forward.
Tesla boss Elon Musk has claimed that his company is already sold out of stationary storage products for next year before the first ones have even been shipped to customers.
Energy storage is likely to be a near future “game changer” for Australia and could make the country the world leader in solar-plus-storage, a new report claims.
Financial activity in the third quarter of this year was slightly flatter than Q2 for smart grid, batteries, energy storage and energy efficiency, but the average deal size grew, according to Mercom Capital Group.
While some observers have breathlessly called 2015 the “Year of the Battery,” a more accurate description might be that we are seeing the dawn of the “Age of Energy Storage,” especially the winning combination of storage integrated with solar and emerging smart grid technologies, writes Panasonic’s Daniel Roca.
Microinverter specialist Enphase has revealed details of plans for two residential solar-plus-storage trials in Australia and New Zealand and publicly put a figure on prices for its AC battery product.
A Silicon Valley-headquartered flow battery maker will provide energy storage for telecommunications networks in China, replacing diesel use in a pilot programme ahead of “wide-scale deployment”.
News in brief: Indian PM Modi visits Tesla and talks solar-plus-storage with Musk; Scottish renewable energy group forms energy storage division; Harvard team developing flow batteries reports findings.
Australia-based flow battery provider Redflow has halved the price of its zinc-bromide battery (ZBM) to the point where the cost of energy produced from its battery drops below the price of energy from the grid.
After dropping a series of strong hints – including those given in interviews with PV Tech Storage – Enphase has confirmed that its AC battery will be launched in Australia first.
Adobe is among the participants earning revenues from what is claimed to be an energy storage industry first – a trial rewarding California storage system users for conferring benefits to the grid.
The International Renewable Energy Association (IRENA) recently released its electricity storage technology roadmap, looking at how electricity storage can support the increased deployment of renewable energy.
While a project to run a Spanish island off renewable energy which gathered media attention this week might only have successfully met the region’s energy demand continuously for four hours, the project is nonetheless “very significant”, an expert with the International Renewable Energy Agency (IRENA) has said.
News in brief: Australia gets its largest battery storage system to date, Tesla man persuaded to go back to Sonnenbatterie and Gildemeister installs PV-linked flow battery systems in Czech Republic.
Tesla’s much-hyped battery announcement in April raised important questions over what business models will drive the deployment of stationary battery storage. As Andy Colthorpe reports, one answer is the virtual power plant, in which residential and commercial battery systems are aggregated to provide grid services.
Following the announcement of a ‘virtual power plant’ pilot in Australia, Sunverge energy storage systems have been selected for another trial project to test the capabilities of customer-sited storage, this time in the US.
Australia’s Renewable Energy Agency (ARENA) released a hefty report on global energy storage and how it relates back to the domestic situation last month. Tom Kenning investigated one of the report’s main conclusions - that the value for energy storage in Australia, initially at least, will most likely be found…
Effective ways of assigning economic value to services provided by aggregated storage systems must be found to progress the use of such technology, according to a technical consultant involved in a recent report assessing Australia’s energy storage landscape.
Enphase CEO Paul Nahi has said that the “unique” modularity of the company’s battery solution could be “incredibly valuable” to help it to meet the needs of customers in regions including Australia, where there is a “real economic case” for energy storage.
The closing of Feed-in-Tariffs (FiTs) for solar installations in the Australian state of New South Wales (NSW) at the end 2016 presents a “perfect marketing opportunity” for energy storage retailers, according to industry members.
…the first step in a big change for West Australia.
Australia’s “largest solar and battery storage project to date” will be built by German developer Juwi at a copper and gold mine, with support from public bodies including the country’s Clean Energy Finance Corporation (CEFC).
Residential solar will be sold almost exclusively in bundled energy systems that include storage and energy management components within a “couple of years” the CEO of Enphase has predicted.
ASD Sonnenspeicher is preparing to put a new piece of battery technology on the market that allows cells to be connected in parallel, with the company claiming it could have a transformative effect on energy storage, batteries and EVs.
The average global cost of installing residential energy storage systems will fall from US$1,600 per kWh in 2015, to US$250 per kWh by 2040, according to the latest Bloomberg New Energy Finance (BNEF) report.
Makers of flow batteries have redoubled their efforts to make the technology the leading choice for utility-scale storage applications, with one installing the largest such system to date in Europe and North America just a few days ago.
John Grimes of Australia’s Energy Storage Council reports back from a recent visit to China, where he took a look at the processes and state of play of some of the country’s battery manufacturers.
While debates over renewable energy targets continue to rage at the political level in Australia, Panasonic has signed a deal with three utility companies to pair its energy storage systems with rooftop solar.
A renewable energy and energy efficiency consultancy, IT Power (ITP), will use funding from the Australian Renewable Energy Agency (ARENA) to trial the effectiveness of six brands of lithium-ion batteries for enhancing grids and increasing the deployment of renewable energies.
France’s government has launched a tender for 50MW of projects combining solar power with energy storage systems on Corsica and its overseas islands territories.
Tesla’s grand entrance to the stationary storage market has been (largely) welcomed but question marks remain over the company’s business model. Andy Colthorpe gauges the latest reaction and explores the options facing Elon Musk.
More details have emerged on inverters for Tesla’s new home battery system, to be made by Fronius and SolarEdge, while the EV-maker’s energy storage will be installed at demonstration and commercial projects for US utility Edison International.
Tesla’s Powerwall home energy storage system will join the US market at a “remarkably low price”, according to one analyst PV Tech has spoken to following the announcement from Silicon Valley last night.
Energy storage start-up Stem says it sees “strong opportunity” for expansion of its business in Australia, Japan and the EU, in the week when the company closed a US$12 million funding round led by Japanese trading company Mitsui & Co.
An energy storage project aimed at enabling the grid integration of 1MW of solar and 4.5MW of wind on the Portuguese island of Graciosa will be supplied with batteries by Leclanché.
Sonnenbatterie, considered to be one of the market leaders in Germany’s emerging solar-plus-storage sector, claims the new version of its Sonnenbatterie Eco battery storage system has as much as double the potential lifespan of previous models.
Australian prime minister Tony Abbott is like King Canute, standing on the shore commanding the tide of renewable energy and energy storage not to come in. But no matter how much he rails against the future, this prime minister is way too late to stop the tide of progress. A…
PV Tech Storage interviews John Jung of Greensmith, an energy storage system and software provider which claims to have been involved with one third of all storage deployed in the US last year. Jung discusses ‘killer apps’, opening up new business models in new markets, software and battery agnosticism.
Solar power systems serving an oilfield in Qatar will be fitted with utility-scale energy storage batteries, helping to ensure the continuity of operations at 775 oil wells.
Energy storage is likely to be worth “tens of billion dollars in the next five to 10 years” across a number of global regions, according to executives at solar microinverter firm Enphase.
An ‘electricity trading’ scheme to be launched by Reposit Power in Australia for residential energy storage system owners has been described by an analyst as “one of the most interesting examples” of software as a differentiator in the energy storage marketplace.
Two providers of large-scale battery systems for energy storage have announced expansion plans this month, with Vizn Energy opening new headquarters in Texas, and Younicos forming three separate new business units to address “rapid growth” in the market.
For decades Australia has been at the forefront in deploying renewable energy, coupled with energy storage solutions, in off grid and fringe of grid areas across remote Australia. Many communities have transitioned away from polluting and expensive diesel generators and now use reliable and sustainable renewable energy and energy storage…
Mining giant Glencore has taken delivery of a lithium-ion energy storage system at a nickel mining complex in Canada, to be used to lower diesel costs and integrate power from wind turbines.
Integrated US photovoltaic energy company SunPower’s solar panels will be sold as part of a package that includes energy management software and energy storage capabilities to residential customers in the US and Australia from early next year.
The Australian government’s renewable energy division will trial the capabilities of on-grid energy storage to maximise the value of rooftop solar, announcing yesterday that it will provide funding for a trial by energy storage specialist Reposit Power.
German storage system manufacturer Sonnenbatterie, which announced this week the close of a US$10 million equity funding round, said it sees “high growth potential” for its products in Australia, the UK and Italy.
The market for residential solar paired with energy storage will grow tenfold by 2018, despite the relative failure of deployment to “live up to hype”, according to a new report from analysis firm IHS.