New research predicts the energy storage market in Germany will increase 11-fold in the next five years, with the residential market buoyed by declining feed-in tariffs, high electricity prices and €30 million in subsidies, while the primary reserve market boosts activity within the utilities sector.

German PV module and storage manufacturer Solarwatt recently announced its intention to expand into the UK market with the launch of its MyReserve storage system.Energy Storage News caught up with Pol Spronck, Solarwatt’s international sales manager, to discuss the latest expansion and with the company is hoping to bring to the UK.

Moixa Technology is hoping to raise up to £20 million by the end of the year to fund its expansion into Europe, and has recently gained investment from three big beasts from the UK energy sector.

VARTA’s energy storage system project manager Michael Gopp discusses the technologies past, present and future.

Redox flow battery EV maker nanoFlowcell is planning a stock market flotation on the back of a major restructuring process.

German manufacturer SOLARWATT is preparing to launch its MyReserve energy storage system in the UK by developing a partnership network with installers and designers.

Battery manufacturer SimpliPhi will sell a high-voltage battery for the C&I market.

BMW has announced plans to launch a stationary energy storage product for both residential and small commercial applications using the high-voltage batteries used in i3 electric vehicles, including those repurposed from existing EVs.

NEC Energy Solutions will provide a 1.2MWh lithium ion battery system for a grid stabilising project in Bavaria, Germany.