An impending €950 million (US$1.07 billion) acquisition of battery manufacturer Saft will enable French oil major Total to “span the value chain” and exploit synergies with EV and solar markets, an energy market expert has said.
US-based Storage provider AES Energy Storage has made significant expansions away from established markets into relatively untapped regions across the globe.
Germany, until recently the leading European nation for installed PV capacity, extended a scheme to support purchases of lithium-ion energy storage systems for solar at the beginning of this year.
It would be unfair to put the burden of paying for the rollout of smart meters onto German households with PV-plus-storage when the devices would primarily benefit grid operators, trade association BSW Solar has said.
As more and more Australians look to energy storage solutions, a set of installation guidelines from the Clean Energy Council (CEC) has been released for industry and consumers which will be mandatory for installers accredited by CEC schemes by October.
Updated: A list of 100 influential companies quickly making their mark on the energy storage market in the UK and beyond is available for download, after its unveiling at the Energy Storage Summit at Twickenham Stadium.
An influential German think tank and a national energy storage industry association have both said that long-term solutions need to be found for residential solar-plus-storage owners’ part-time reliance on the grid.
All the news, views and updates from the Energy Storage Summit at Twickenham Stadium, London.
Texas-headquarted Mercom Capital Group recently released its Q1 2016 funding and M&A report for energy storage, smart grid and energy efficiency sectors. Mercom’s CEO and co-founder Raj Prabhu discusses the energy storage trends tracked in this quarter with Energy-Storage.News, especially in light of the drop in venture capital funding this quarter.
Tesla is predicting it could sell more stationary storage to SolarCity during 2016 than was deployed in the entire behind-the-meter segment of the US market last year, according to analysis by GTM Research.