The proposed deal for Tesla to acquire US rooftop solar company SolarCity makes sense but could distract both parties from immediate core objectives, according to Lux Research.
Tesla has made an offer to acquire SolarCity in stock swap deal that would give SolarCity shareholders a premium of 21-30%.
Morgan Stanley has predicted a boom in solar-plus-storage in Australia, calling PV a direct substitute for grid power and warning investors that the incumbent energy industry has been slow to react to trends.
The White House announcement of new developments and investment in energy storage has been characterised as “the first executive office push for energy storage” that will “undoubtedly galvanize” the industry, in a new GTM Research brief by the firm’s energy storage director Ravi Manghani.
DNV GL looks to update recommended practice guidelines for grid-connected energy storage systems, India toys with ‘National Storage Mission’ strategy, Juwi and KPS ally on solar, storage and diesel hybrids for remote Australian mines,
President Obama has announced a raft of activity focussing on the development, investment and regulatory framework for energy storage.
SolarEdge and SMA’s launches of inverters compatible with Tesla’s Powerwall and LG Chem’s new range mark a “growing trend” towards higher voltage batteries for residential PV systems, an IHS analyst has said.
The Clean Energy and Solar Power Portal Awards sponsored by Trina Solar, an annual celebration of the PV industry from Energy-Storage.News’ UK-based publisher, Solar Media, will include residential energy storage as a category for the first time this October.
Andy Colthorpe and Ben Willis profile some of the companies and technologies making waves in the fast-changing world of stationary energy storage, in a feature article which originally appeared in the seventh issue of PV Tech Power.
Involvement from billionaire Peter Thiel in Stem’s Series C indicates a shared belief among investors that “distributed, intelligent storage is going to absolutely revolutionise the electric grid over the coming decades”, the company’s marketing director has said.
