Commercial energy storage economics are attractive today in seven US states, but according to GTM Research’s latest report, that number is to increase to 19 states by 2021, as storage costs continue to fall.
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.
US residential installer SolarCity has closed US$150 million of financing to fund the deployment of commercial solar and storage systems.
Energy storage specialist Imergy Power Systems has announced that its vanadium flow batteries will be used at a “smart micro-grid” demonstration project hosted by the US Navy.