SolarCity and Green Charge have announced two commercial scale energy storage systems in California, one completed and the other yet to be built, which will each save the host over US$100,000 a year in energy costs.
Power conversion specialist Ideal Power has received an order for 0.5MW of its 30kW power conversion systems (PCS) for commercial energy storage projects in Germany, from an unnamed customer or customers.
Tesla has acquired German engineering firm Grohmann Engineering to form a new advanced automation segment of its business, producing manufacturing equipment for its factories in the US.
A drive aimed at reducing the soft costs of distributed energy storage systems by the New York State Energy Research and Development Authority (NYSERDA) could award over US$8 million of funding.
A plan by utility Con Edison to save US$1 billion on infrastructure spending in New York’s Brooklyn and Queens neighbourhoods will get 13MWh of energy storage from Green Charge.
German inverter manufacturer SMA and Korean battery maker LG Chem have teamed up to offer a residential solar storage solution in Europe and Australia from December 2016 onward.
The energy storage business of German auto manufacturer Mercedes-Benz is expanding to the US market starting early 2017.
Battery manufacturer and developer NEC Energy Solutions is to supply Southern California Edison (SCE) with its first grid energy storage pilot system under a procurement programme established last year.
US-Canadian energy storage project developer Convergent Energy and Power has secured third-party project financing for 12MW of energy storage projects in Canada that will provide grid services.
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.
