A large-scale energy storage system designed and developed by Narada Power for GCL Silicon has successfully been put into service. The system now stands as the first commercialised energy storage system in China.
Turnkey energy storage system provider Demand Energy has commissioned a solar-plus-storage microgrid in Costa Rica at a medical manufacturing facility.
China’s deployment of energy storage looks set to continue an upward trajectory, with almost 600MW in the pipeline as of the third quarter this year.
Vertically integrated energy storage solution company Leclanché and global battery manufacturer Narada Power have agreed to a strategic partnership for the manufacturing and development of lithium-ion battery technology for the Chinese and global markets.
Chinese inverter manufacturer Sungrow has supplied its inverter and battery storage technologies to a large-scale solar-plus-storage microgrid project in a remote area of Tibet.
Strategic planning of Chinese industry at a state level could see electrical energy storage installations grow in importance, rocketing to as much as 24GW by 2020, according to one analysis firm.
Bloomberg New Energy Finance (BNEF) senior analyst Logan Goldie-Scot discusses with Energy-Storage.News drivers for the recent uptick in storage across the globe, as well as insights on why America has an ideal regulatory approach to storage technologies, the recent UK tender, and the potential of dynamic markets in Asia Pacific.
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.