The cost of energy storage technologies is set to reduce significantly over the next five years driven by economies of scale and improvements in both technology and standardisation, according to a new report from financial advisory and asset management firm Lazard.
Software for energy storage systems will be a mixture of in-house solutions by integrator/ developers and third-party providers, in an industry segment set for a steep rise in value, according to one expert.
China’s deployment of energy storage looks set to continue an upward trajectory, with almost 600MW in the pipeline as of the third quarter this year.
News in brief: Sunverge launches AC-coupled systems, whether South Australia’s blackouts could have been a different story with batteries, German government approves model region project for renewables, storage and grids.
A US state-backed organisation is partnering with the government of Singapore to build and test up to three energy storage systems using a variety of technologies on the island state.
US energy storage had a fairly quiet period in the third quarter of this year deploying just 16.4MW/31.4MWh but enjoyed a record quarterly sum of US$660 million of corporate investment.
New value propositions which will radically change the way energy is generated and used by end-customers are already accelerating energy storage market growth. Julian Jansen of Delta-ee takes a look at three distinctive types of business model which are taking shape.
An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, Energy-Storage.News’ sister site PV Tech revealed today.
Poor grid flexibility in Indonesia means energy storage could be critical leverage when trying to install solar and wind projects.
SolarPower Europe is calling on the European Commission (EC) to address both solar power and energy storage in its upcoming Energy Union Package. In light of this, the association’s Task Force on solar & storage has created 10 policy priorities that will need to be considered to develop an appropriate framework for those technologies.
