Energy storage manufacturing is the fastest growing business unit for tool maker Manz, the company has told PV Tech Storage.

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.

Investment giant Goldman Sachs will invest US$150 billion in renewables by 2025, including energy storage as a key part of this commitment, it has said.

Saft wins deal with Saudi Arabian industrial giant, Swiss college adds battery to smart grid research and an energy storage caucus hits Capitol Hill.

PV Tech Storage spoke to Nancy Pfund of ‘social impact’ investors DBL Partners, among Tesla’s early backers and participants in two of the top five VC fund plays of this year’s third quarter.

Jordan’s state power company, NEPCO (National Electric Company), looks likely to deploy 20MW of battery-based energy storage, which according to storage provider AES Corporation will be aimed at easing the integration of wind and solar into the country’s energy networks.

Doosan Fuel Cell America will supply 30.8MW of hydrogen fuel cells to Busan, South Korea, in a deal also involving Samsung Construction and Trading (Samsung C&T) and Korea Hydro and Nuclear Power.

The importance of balancing and improving electric grids is opening up pathways to the deployment of utility-scale energy storage, according to a Guest Blog from SMA Solar Technology, published this week on PV Tech Storage.

In contrast to “behind-the-meter” household energy storage systems, whose operational strategy is generally aimed at local financial optimisation of power consumption, the use cases for battery technologies on an industrial scale are primarily determined by the requirements of the electricity supply grids, particularly the regional distribution grids. SMA’s Voker Wachenfeld and Dr Alexsandra Sasa Bukvic-Schaefer take a closer look at some of the demands and applications driving the sector forward.

The UK government could deliver cheaper electricity bills to households and businesses by pursuing a decentralised energy strategy with solar and storage at its centre, a new report co-ordinated by major consultancy group KPMG has claimed.