Engineering company Siemens has launched the device – configurable in 3.3kWh ‘blocks’ up to 19.8kWh – in Germany, with an Austria launch to follow in April.

Managing investor expectations and monetising demand for flexibility are key to future-proofing the industry’s business case, financiers stress at Energy Storage Summit.

Perth-based Hybrid Systems and BayWa r.e. have reaped the lion’s share of the first round of a programme to roll out ‘standalone power systems’ (SPS) across Western Australia.

Flow battery maker Avalon has initiated a novel business model aimed at lowering the cost of deployment of its energy storage units, effectively ‘renting’ the electrolytes in the devices to a customer in California.

With carbon reduction goals a long way off from being met in Europe’s transport sector, energy storage can play a key role in coupling transportation and energy technologies, the European Association for Storage of Energy (EASE) has said.

A new poll has identified energy storage as the most promising technology for institutional investors keen on renewable assets, amid plans by many to ramp up allocations.

SA Water, which delivers water to more than one-and-a-half million people in South Australia, has picked out local contractor Enerven to execute the roll-out of PV and battery storage across 70 of its facilities in the next 18 months.

PV manufacturer and EPC Philadelphia Solar says it has achieved commercial operation of an expansion phase to one of the first solar projects built in the MENA region where energy storage has been added.

Consumers in a South London housing estate will soon be able to trade solar power amongst themselves as an blockchain-enabled pilot project backed by EDF gets underway.

Described as a project of ‘strategic importance’ for India’s entire energy sector, the country’s first grid-scale lithium-ion battery energy storage system officially went into service this week.