Germany-based utility E.ON has invested in US energy storage software, systems and service company Greensmith, bringing the storage specialist’s Series C round of growth financing to US$18.3 million.
PV Tech Storage attended the late November launch of sonnenCommunity, a new energy trading platform launched on a limited basis in Germany based on Sonnen’s residential energy storage systems. Andy Colthorpe spoke to two key members of the Sonnen team at the event, CEO Christoph Ostermann and sales director Philipp Schröder.
The first Tesla Powerwall home energy storage systems to go on sale in the US through a utility are being sold through Vermont’s Green Mountain Power which is including a “no upfront cost” option for its customers.
Thin-film PV manufacturer and project developer First Solar is among the investors in a US$50 million funding round for grid-scale storage specialist Younicos, with the money raised set to fuel the latter’s expansion.
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.
LG Chem and solar inverter maker SolaX Power have formed a partnership around a new hybrid inverter and energy storage system intended as a complete solution for the residential solar market.
It seems increasingly likely FiTs for solar and other government support mechanisms will be heavily cut in the UK, with job losses already taking place and more seeming inevitable. At first storage seemed like a simple solution for installers and the wider industry to shift its focus – even if only temporarily. UK renewable energy recruitment specialist David Hunt of Hyperion Executive Search, himself a former solar installer, takes a closer look.
The eligibility of energy storage systems for a programme financing energy efficiency and renewables through property tax assessment shows that the technology is maturing rapidly, according to the CEO of the North American arm of Sonnenbatterie.
Ontario’s Independent Electricity System Operator (IESO) has selected five companies to deliver nine energy storage projects with a total capacity of 16.75MW.
Renewables with energy storage can help build low carbon energy networks in the developing world – but the twin technologies still face competition from natural gas while they gradually mature, according to an electric power systems maker and integrator.
