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.
Officials from 56 Muslim-majority nations have come together to pledge new climate-related technology goals that included promoting microgrids, energy storage and renewable energy targets.
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.
Enphase Energy, a leading PV microinverter supplier and energy management specialist, which also makes its own AC Battery for energy storage, has appointed current COO, Badri Kothandaraman as its new president and CEO, after the sudden departure of long-term CEO, Paul Nahi in early August, 2017.
California-based energy storage technology developer Gridtential announced that it has closed US$11 million in financing led by 1955 Capital, with assistance from East Penn Manufacturing, Crown Battery Manufacturing, Leoch International and Power-Sonic Inc., as well as an existing investor in The Roda Group.
Australia’s biggest utility AGL, which has committed to phasing out coal by 2050, has said it is likely to replace the capacity provided by one ageing power station with batteries, peaking plants, demand response and pumped hydro.
Heating and cooling uses more than half of Europe’s energy, but the potential “immense value” of thermal energy storage has barely been explored, the head of an energy storage trade group has said.