US energy storage inverter manufacturer Dynapower has partnered with South Korea’s Samsung SDI to launch an integrated behind-the-meter energy storage system, featuring Dynapower’s Generation 2 MPS inverters and Samsung SDI’s E2 batteries.
The California state legislature and governor Jerry Brown have signed into law four key new energy bills that are set to accelerate energy storage deployment in the Golden State.
Behind-the-meter storage is forecast to become a larger segment than grid-scale storage by 2021, and could pose a potential threat to utilities, according to Bloomberg Energy Finance (BNEF) senior analyst Logan Goldie-Scot.
A new report from Bloomberg New Energy Finance (BNEF) details how more than US$8 billion will be invested in new-build energy storage in the year 2024, driven by an increase in deployment of behind-the-meter storage.
Energy storage capacity additions will double worldwide to 2.9GWh this year, up from 1.4GWh in 2015, according to the latest report from analyst firm IHS Markit.