The growth of technologies such as PV and storage will hit utility company revenues to the tune of US$130 billion a year within a decade, according to a study published yesterday by management consultancy Accenture.
Dean Frankel of Lux Research blogs about utility Southern California Edison’s recent 235MW award of battery-based energy storage projects, a decision which surpassed their 50MW requirement by some distance and was described as “monumental” by one trade advocacy group when it emerged. Frankel examines the procurement in detail and looks at some of the questions that remain as-yet unanswered by the announcement.
German storage system manufacturer Sonnenbatterie, which announced this week the close of a US$10 million equity funding round, said it sees “high growth potential” for its products in Australia, the UK and Italy.
Japan-headquartered trading company Marubeni Corporation has entered into an agreement with EnerG2 to secure exclusive Asia distribution rights to the Seattle-based manufacturer’s advanced carbon materials, intended for energy storage devices.
Large-scale battery projects of the type announced earlier this month by Renewable Energy Systems (RES) America are a “natural fit” for renewable energy developers, according to one analyst.
The market for residential solar paired with energy storage will grow tenfold by 2018, despite the relative failure of deployment to “live up to hype”, according to a new report from analysis firm IHS.
Zinc redox flow batteries could be a “viable substitute” for simple cycle peaking power plants in the US, especially as the increase of solar penetration adds concerns over grid stability, according to a new whitepaper.
Sharp, ABB, SMA and Bosch are among the big names readying new energy storage products for the UK PV market. Andy Colthorpe caught up with them at the Solar Energy UK show to find out what tech fits best for the UK’s nascent storage sector.
Tesla’s much talked about Gigafactory should be up and running in 2017. PV Tech Storage spoke to analyst Dean Frankel of Lux Research about some of the details and talking points of the EV maker’s ambitious plan to hit ‘500,000 battery packs by 2020’.
A new report funded by the fuel cell industry claims that over five million fuel cell smart power units could be installed in the UK by 2030, equivalent to 5GW of new generation, driving a “revolution” in distributed energy.