This article looks at the current status of each of these end-markets and where there are similarities and differences in how the markets have developed, along with future opportunities.
Itochu, a major Japanese corporation which has sold over 330MWh of residential battery storage systems in its home market, has invested ¥1 billion (US$9.35 million) in TRENDE, a renewable energy retailer which counts utility company Tokyo Electric Power among its major shareholders, with a view to launching a range of renewable energy and storage-enabled services.
The UK government’s Department for Business, Energy and Industrial Strategy (BEIS) has announced a £10 million (US$12.44 million) grant to help construct the world’s largest liquid air battery.
France, Italy, Spain and Belgium are among the regions of most interest for energy storage stakeholders in Europe, analysis firm Clean Horizon has told Energy-Storage.news.
US residential solar installer Sunrun is deploying aggregated rooftop solar-plus-batteries in partnership with utility Southern California Edison (SCE), in a demonstration project of the systems’ capabilities to run as a virtual power plant (VPP).
Energy storage technology provider Fluence has launched its latest systems aimed at three market segments and – according to new CEO Manuel Perez Dubuc – aimed at creating an inflection point in the global transition to low carbon energy.
With the continuing threat of wildfires in California, the state’s regulator has approved a plan to deploy distributed microgrids proposed by investor-owned utility (IOU) Pacific Gas & Electric (PG&E).
Yet another major green hydrogen initiative has seen the light in Australia, joining a recent flurry of activity in a year where countries are betting on the renewable gas as a COVID-19 recovery pillar.
A project demonstrating aggregated solar-plus-storage in Louisiana involving energy storage company SimpliPhi Power, technology partner Heila and local utility SWEPCO has started off small, but is “expected to transition into a larger network of distributed systems, soon”.
