SolarReserve eyes 1GW solar thermal storage deal in China, first bi-directional inverter launched and proposed Australian pumped hydro site up capacity to 450MW.
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.
A trial project using 1.1MWh of lithium-ion battery storage to harness power from rooftop solar systems has been installed in the Western Australia suburb of Alkimos.
A renewable energy auction which could take Australia’s capital Canberra over the line in meeting a long-term “90% renewables” target will also lead to the deployment of 5,000 residential and commercial battery storage systems.
Australian battery developer Redflow has launched what is thought to be the first residential-level storage device to use a flow battery, in its home market.
Energy storage solutions combined with hybrid solar PV plants and diesel generators will soon benefit communities in two starkly contrasting locations – in a luxury Maldives resort and in Australia’s Aboriginal community.
The head of an Australian solar installer has criticised Tesla’s marketing of its residential energy storage devices, claiming that potential end customers have been given unrealistically low expectations on the system’s pricing.
Nigel Morris, chief executive at solar firm RoofJuice Australia, who has been in the solar game for more than two decades, explains what stands in the way of Australia’s significant energy storage potential.
AGL Energy has invested US$20 million in energy storage manufacturer Sunverge, as Australia’s biggest utility set up a fund worth ten times that to help meet its climate change commitments.
Volker Wachenfeld of SMA explores some technical and policy factors driving growing use cases for refurbishing home PV systems to add energy storage, and the markets where this is already gaining traction as an idea.
