Raj Prabhu of cleantech research and communications firm Mercom Capital talks through some of the interesting findings and trends highlighted by his company’s recent “Smart Grid, Battery/Storage, Efficiency Funding and M&A” report for Q1 2015.
Energy storage is likely to be worth “tens of billion dollars in the next five to 10 years” across a number of global regions, according to executives at solar microinverter firm Enphase.
The US department of Energy has included energy storage projects in a US$4 billion loan guarantee programme announced yesterday.
Grid-scale electrical energy storage (EES) company Primus Power announced that a Series C funding round has secured US$20 million worth of investment, including a “major contribution” from Anglo American Platinum.