The former VP of Solar Grid Storage has predicted average Balance of Systems (BoS) costs for energy storage will drop from around US$670 to less than US$400 per kilowatt in the next five years.
PV Tech Storage attended the late November launch of sonnenCommunity, a new energy trading platform launched on a limited basis in Germany based on Sonnen’s residential energy storage systems. Andy Colthorpe spoke to two key members of the Sonnen team at the event, CEO Christoph Ostermann and sales director Philipp Schröder.
The first Tesla Powerwall home energy storage systems to go on sale in the US through a utility are being sold through Vermont’s Green Mountain Power which is including a “no upfront cost” option for its customers.
LG Chem and solar inverter maker SolaX Power have formed a partnership around a new hybrid inverter and energy storage system intended as a complete solution for the residential solar market.
A new report from Australia identifying gaps in safety practices for energy storage technologies has recommended that improving knowledge of safety hazards and renovating standards is essential to the storage industry’s integrity and future growth.
The eligibility of energy storage systems for a programme financing energy efficiency and renewables through property tax assessment shows that the technology is maturing rapidly, according to the CEO of the North American arm of Sonnenbatterie.
A trade association representing some of Germany’s energy storage industry has welcomed the renewal of a support scheme for batteries, but says that establishing “fair market conditions” for storage would be more important.
The falling cost of energy storage technology will break up the concentrated nature of the global market, according to a new report by IHS Technology.
Energy storage may prove to be the key bulwark against the so-called value deflation of solar expected as it achieves higher levels of penetration, according to an analyst at GTM Research.
An analyst has hailed the work of a University of Cambridge team developing the “ultimate” lithium-air battery for overcoming some of the technology’s limitations, but has expressed doubts as to its prospects for commercialisation.
