Guidehouse Insights says that the annual power capacity deployments of battery-based residential energy storage systems (RESS) are expected to grow at a CAGR of 21.3% from 2021 to 2030 globally.
California-headquartered distributed battery energy storage provider SimpliPhi Power has been bought by Briggs & Stratton, a company best known for its gasoline engines and portable generators.
Texas’ grid and the idiosyncrasies of its electricity planning system regime made global headlines in February following a harsh winter storm and subsequent blackouts that affected millions of people and businesses for almost an entire week. It may be a unique market with unique characteristics, but what wider role can batteries — and other energy storage technologies — play in assisting the grid to remain stable and prevent a situation like this from happening again?
Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.
Luxury car brand Rolls Royce, yet to make significant strides towards electrification of its vehicles, has nonetheless made an investment in the clean and distributed energy sectors, acquiring a stake in a microgrid solutions developer.
