New-build solar and wind could outcompete most existing fossil fuels by 2025, while standalone energy storage also has a future in its own right, Nextera Energy executives have predicted.
Chinese solar inverter manufacturer Sungrow not only continues to lead the global market for inverter shipments, the company’s energy storage business enjoyed huge growth in revenue during 2018.
SolarEdge is targeting a world where the “majority of solar systems will include storage”, according to CEO Guy Sella, as the company announced record revenues and shipments in the third quarter of 2018.
As well as Elon Musk remarking that the company may have had its “best ever quarter” for solar since the SolarCity takeover, Tesla’s energy storage deployments have enjoyed a ramp up, while a fellow exec hinted the stationary battery business is constrained by cell supply.
Tesla reported another major decline in its residential solar installations for the fourth quarter of 2017, while a supply shortage for its residential energy storage system ‘Powerwall 2’ has created a customer backlog of solar and storage installs of more than one year.
Sunrun CEO Lynn Jurich has said that using behind-the-meter systems to provide grid services could be “extremely valuable in certain targeted ways” as the company rolls out energy storage systems into key regional markets.
Good Energy, one of the first utilities in Britain to offer all-renewable energy for consumers, has said it aims to start work on its maiden commercial energy storage development in November this year.
Pierre-Pascal Urbon, CEO of solar inverter manufacturer SMA, has said that the company is anticipating medium-term “exponential growth” in the energy storage market, reporting a “positive performance” in storage-related sales.
Founder and CEO Paul Nahi last night announced his resignation from Enphase, the PV microinverter maker and energy management specialist, which also makes its own AC Battery for energy storage.
Leclanché has hailed recent project wins and a potential 450MW pipeline in reporting an improvement on its finances, which the company’s CFO has called “the first stage of our journey towards EBITDA breakeven”.
