A liberal arts college in California will get a 1MW/2MWh energy storage system from Green Charge that could save the facility US$800,000 over its lifetime.
SolarCity and Green Charge have announced two commercial scale energy storage systems in California, one completed and the other yet to be built, which will each save the host over US$100,000 a year in energy costs.
Seeking to delve beyond headlines, hype and overarching market forecasts, renewable energy veteran and executive recruitment specialist David Hunt spoke with some of the energy storage industry’s leading figures to understand how the various market segments are growing and how things could develop from here.
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.
German lithium-ion based energy storage system maker Sonnen says it achieved an undisclosed “seven-figure sales number” in the US in the first quarter of this year.
Silicon Valley’s Green Charge Networks, which mainly delivers energy storage systems for commercial customers and is involved in a deal to re-purpose ‘second life’ EV batteries, has been acquired by Engie.