Major power firm EnergyAustralia is studying the feasibility of building a huge pumped hydroelectric energy storage project in the Spencer Gulf of South Australia.
US-based Storage provider AES Energy Storage has made significant expansions away from established markets into relatively untapped regions across the globe.
US residential installer SolarCity has closed US$150 million of financing to fund the deployment of commercial solar and storage systems.
AGL Energy has invested US$20 million in energy storage manufacturer Sunverge, as Australia’s biggest utility set up a fund worth ten times that to help meet its climate change commitments.
The first Tesla Powerwall home energy storage systems to go on sale in the US through a utility are being sold through Vermont’s Green Mountain Power which is including a “no upfront cost” option for its customers.
A solar farm connected to a huge battery will be built on the Hawaiian island of Kauai to use solar in the evenings to meet peak demand, under a 20-year contract between SolarCity and an electric utility co-operative.