Energy storage is already competitive in a number of mainly grid-based applications, while lithium-ion battery prices could fall by as much as 50% in the next five years, financial advisory and asset management firm Lazard has found.
Investment giant Goldman Sachs will invest US$150 billion in renewables by 2025, including energy storage as a key part of this commitment, it has said.
PV Tech Storage spoke to Nancy Pfund of ‘social impact’ investors DBL Partners, among Tesla’s early backers and participants in two of the top five VC fund plays of this year’s third quarter.
The UK government could deliver cheaper electricity bills to households and businesses by pursuing a decentralised energy strategy with solar and storage at its centre, a new report co-ordinated by major consultancy group KPMG has claimed.
Energy storage is likely to be a near future “game changer” for Australia and could make the country the world leader in solar-plus-storage, a new report claims.
The two fastest moving regional markets for energy storage in the US have installed nearly 90% of the total deployed across the country for more than two years, according to GTM Research.
On a visit to heat battery maker Sunamp’s office, Scotland’s energy minister Fergus Ewing outlined aims to collaborate with his counterparts in England, Wales and Northern Ireland on nationwide storage strategy, while Sunamp CEO Andrew Bissel says greater understanding of heat source batteries is needed for the technology to be included.
Andy Colthorpe speaks to Matt Roberts of the Washington-based Energy Storage Association about topics including real-world applications of tech straight from the lab, why he dislikes subsidies and the group’s technical conference, happening later this month.
Solar cell and battery hybrid technology could become a commercial success as long as it clears the “valley of death” out of academia, a scientist working on the project has claimed.
Ministers from both Scotland and Wales have said energy storage solutions are integral to the “future direction” of energy use in the UK as they warned against cuts to renewable energy subsidies.
