Unsubsidised, commercial solar-plus-storage projects of the type being executed in Puerto Rico could demonstrate how to overcome many of the challenges imminent for the world’s PV markets, according to one company with experience in the field.
For over a decade, net metering has been a crucial component of the economic puzzle for renewable energy, allowing both residential and commercial rooftop PV owners to realise favourable returns on their solar equipment investment. John Merritt of Ideal Power Conversion looks at some of the arguments and counter-arguments and says solar-plus-storage could be the natural successor to the policy – starting at commercial and industrial (C&I) level.
Eaton to sell AES’s Advancion in Europe and MENA region, Schneider Electric plans 1MWh micro grid in Boston, California community-owned utility cancels 400MW pumped hydroelectric storage project.
Flow battery manufacturer ViZn Energy Systems has won a contract to provide a 128kW/320kWh system for a US department of energy project.
One of India’s largest solar developers, ACME Cleantech Solutions, believes that its strong track record in PV installations will set it in good stead to pioneer solar-plus-energy storage solutions across the country, in what it claims is an opportune moment to start pilot projects.
Globally, energy storage is developing rapidly. Businesses that are shaping the market are being asked to nominate themselves to join the Energy Storage 100, a new industry initiative from Energy Storage News’ publisher, Solar Media.
Over two weeks at the beginning of December, unseasonal rains brought Chennai to a standstill. Rahul Walawalkar argues that energy storage-backed mircrogrids are an investment that would add resiliency of supply to extreme weather-affected areas as well as improving overall access to electricity.
Off Grid Electric, a company specialising in providing electrification to rural communities, has created a US$45 million investment vehicle, bringing its total raised this year in equity and debt financing to US$70 million.
Start-ups and established players in energy storage alike will compete for attention at this week’s Solar Power International, which opens today in Anaheim, California.
Swiss-headquartered power and automation specialist ABB is to use its PowerStore technology, involving flywheels with wind and batteries plus solar, to integrate renewable energy and reduce reliance on diesel fuel in two separate micro-grid projects in Africa.