Remaining on the grid while using solar paired with batteries is likely to become a more economically attractive option for commercial and residential customers in key US markets, a new report from the Rocky Mountain Institute (RMI) claims.
The increasing amount of PV installed in combination with electrical storage options is bucking the trend in the opposite direction for overall residential solar installations in Germany.
Investment bank Citigroup is predicting a 240GW global battery storage market worth US$400 billion by 2030 as increased deployment creates a “virtuous circle” of falling costs.
Sharp, ABB, SMA and Bosch are among the big names readying new energy storage products for the UK PV market. Andy Colthorpe caught up with them at the Solar Energy UK show to find out what tech fits best for the UK’s nascent storage sector.
The developing economies of the world are largely located in geographical regions that have abundant renewable energy resources, be they solar, wind, hydro or in some cases geothermal, yet paradoxically at the individual and rural community level, access to energy is often a very real issue. Establishing a continuous chain of temperature controlled cold environments from the point of harvest to the marketplace and on into the home, a ‘cold chain’, is what is required in order to avoid produce spoilage and to connect farmers with higher value market options in distant urban centres or overseas.
The Swiss and Chinese power engineering firms ABB and BYD have revealed a collaboration to develop new storage technologies.
PV Tech Storage speaks to Wolfram Walter of German storage designer and manufacturer ASD Sonnenspeicher about a subject close to home, his home. Walter built a battery system for his own PV array, turning it into a business and turning his prized Porsche into a PV-friendly EV along the way.
Reborn Chinese manufacturer Suntech is to spend US$25 million to acquire a 30% equity interest in US energy storage company, Powin Energy.
French battery manufacturer, Saft, has been awarded a contract to supply a lithium-ion battery system for use in a 12MW solar plant being built in Hawaii.
An antenna tower in Australia serving a broadcaster will be the site of a solar-plus-storage project funded by the German government and designed to deliver power 24 hours a day.