Energy storage company Moixa, together with automotive giant Honda, have launched a vehicle to grid (V2G) project at Islington Town Hall that will help to provide constraint management for the building, as well as facilitate a switch to electric vehicles.
The Nobel Foundation recognised not only the role of lightweight, portable battery technology for mobile phones, laptops and latterly electric vehicles, but also that it “can also store significant amounts of energy from solar and wind power, making possible a fossil fuel-free society”.
Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.
Sales of battery storage units to residential households in Germany are booming, but it’s the value of services the batteries can provide, rather than the hardware itself that offers a long-term economic opportunity, a Siemens representative has said.