24M, a battery company that claims it can achieve 50% cost-savings over existing Li-ion technology and hit US$100 per kWh by 2020, is positioning itself as a ‘disruptor’ of the energy storage space, an industry analyst has said.
US PV installer SolarCity is now taking orders for solar and home energy storage systems including Tesla’s new Powerwall battery pack, as part of the company’s expanded homebuilder programme.
ASD Sonnenspeicher is preparing to put a new piece of battery technology on the market that allows cells to be connected in parallel, with the company claiming it could have a transformative effect on energy storage, batteries and EVs.
Following another year at Intersolar Europe where energy storage has carved out an even bigger place for itself than before, SMA’s Dr. Alexsandra Sasa Bukvic-Schaefer and Volker Wachenfeld give their take on one of the big talking points in residential system design.
The average global cost of installing residential energy storage systems will fall from US$1,600 per kWh in 2015, to US$250 per kWh by 2040, according to the latest Bloomberg New Energy Finance (BNEF) report.
Joe Warren, managing director at UK energy storage start-up Powervault, says there is enough room in the market for multiple storage manufacturers as his company looks set to do battle with Tesla to win over British households.
Energy storage developer Imergy Power Systems has announced the installation of a 30kW, 120kWh ESP30 vanadium flow battery to be tested with PV systems at the SunEdison and Global Academy of Technology (GAT) solar research and testing centre in Bangalore, India.
UK energy efficiency solutions provider Anesco has bolstered its portfolio of operational storage solutions, installing its second commercial battery at a solar farm.
The vice-president for marketing and product strategy at one of only two inverter suppliers to Tesla says it has promised customers that it can “get the battery within six months”.
A proposed “sun tax” on use of batteries for residential self-consumption of solar energy in Spain could increase payback time from around 16 years to 31 years under a new draft Law put forward by the Spanish Government. Hefty fines for infringement, capped at €60 million (US$67.7 million), have also been proposed.
