Tesla-SolarCity could become an energy equivalent to an Uber or AirBnB, with a merger between the two creating “an integrated sustainable energy company, which does not own any centralised generation assets”, one expert has commented.
Swiss Green Electricity Management Group (SGEM), an investor in energy storage projects, has announced a 20MW / 10MWh battery storage system for PJM Interconnection’s frequency regulation market, to be supplied and built by Leclanché.
Residential installer Sunrun has teamed up Korean battery manufacturer LG Chem, to offer solar-plus-storage systems in the US, while the battery maker also announced a partnership deal in Australia with distributor Solar Juice.
A company offering solar-plus-storage systems for the residential market has introduced a set of controls that allow consumers to adapt to utility rates and legislative changes with the flick of a switch.
EV manufacturer and battery specialist Tesla Motors has reported strong results with a return to profit in Q3 this year and expectations of this positive performance to continue into Q4.
Energy storage systems from Mercedes-Benz will be supplied with batteries manufactured at an expanded plant in Germany which the company has just announced, but has declined to reveal the production capacity.
A solar power plant owned by Vermont utility Green Mountain Power saved the utility’s quarter of a million customers US$200,000 in one hour by drastically reducing peak demand.
The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.
India’s largest utility NTPC has signed a memorandum of understanding (MoU) for the setting up 50MW of solar power projects combined with battery energy storage near Port Blair in the Andaman and Nicobar Islands.
Kodak and Polaris Battery Labs have collaborated on a support system for new battery manufacturers and products.
