Itochu, a major Japanese corporation which has sold over 330MWh of residential battery storage systems in its home market, has invested ¥1 billion (US$9.35 million) in TRENDE, a renewable energy retailer which counts utility company Tokyo Electric Power among its major shareholders, with a view to launching a range of renewable energy and storage-enabled services.

Sunverge CEO Martin Milani talks about the system architectures and technologies that can make residential storage virtual power plants economically viable and useful to the local electricity network. As told to Andy Colthorpe.

Why the real competition is fossil fuels, which battery optimisation strategies yield the best returns and bringing safety rules and guidelines to the attention of first-responders are among the topics discussed on the latest special episode of the Solar Media podcast.

The UK energy storage sector is forging ahead after a landmark year in 2019 which saw maturing business models further the asset class’ role in the country’s energy system.

The pipeline of projects currently stands at 11GW, and although it is unlikely that this will all be built, we currently see nearly 800MW of projects at the ‘under construction/ready to build’ stage.

Renewable energy and energy storage project developer Anesco has handed aggregator Flexitricity the keys to 19.5MW of battery assets, with the latter set to earn revenues from four different ‘streams’.

Thanks to “innovative business models” and the combination of PV with batteries, Japan’s “solar boom” is far from over, market expert Izumi Kaizuka of RTS PV has said.

Volume 19 of PV Tech Power has just hit the (digital) shelves and once again the quarterly technical journal from our publisher Solar Media includes ‘Storage & Smart Power’, the dedicated section created and curated by Energy-Storage.news.

Following February’s excellent Energy Storage Summit at London’s Victoria Park Plaza hotel and hosted by our publisher Solar Media, here’s a short series of videos posing some of the big questions around energy storage, renewables, climate change, business and the industry, and more.

Sales of battery storage units to residential households in Germany are booming, but it’s the value of services the batteries can provide, rather than the hardware itself that offers a long-term economic opportunity, a Siemens representative has said.