With grid-connected energy storage a relatively new technology, stakeholders are yet to fully understand many of the risks and business opportunities it presents, DNV GL’s Dr Martijn Huibers has said.

China-based technology giant BYD has installed the first of its residential high-voltage B-Box energy storage systems in Germany and is aiming to launch the system into the US later this year.

UK energy company Drax is to consider adding a 200MW battery storage project to its coal-fired power station in North Yorkshire in an effort to add value through greater flexibility and extend its operational lifetime.

TerraE Holding, a collaborative initiative to establish large-scale production line manufacturing of lithium-ion cells at a European ‘Gigafactory’, has signed a raw materials deal for anode materials with Australia’s Magnis Resources.

Jigar Shah has said that the addition of backup power helped persuade a California school district to add energy storage as well as going solar and that adding batteries can help “decision makers” see the true value of PV.

Australia-based renewables firm Windlab has bagged a 10-year power purchase agreement (PPA) with Queensland government-owned utility CS Energy to offtake power from a major hybrid 60.5MW solar, storage and wind park.

General Electric (GE) is developing Mexico’s first ever grid-scale energy storage projects to aid with the integration of wind and solar into electricity networks.

The value of a front-of-meter battery energy storage system in California could be doubled or even trebled, by adding more than one revenue stream to the project, a new report says.

UK gas and electricity market regulator Ofgem has made a “game changer” decision for UK energy storage, by confirming that solar farms are able to retain accreditation under the government Renewables Obligation (RO) when supplying electricity to batteries.

Varta Storage, the energy storage division of consumer, automotive and industrial battery manufacturer Varta, is poised to enter the UK and Ireland residential battery markets through a new exclusive deal with Waxman Energy, as ‎global storage head Gordon Clements told our sister site Solar Power Portal the UK is “the next market that will start to open up” for the technology.