Grid-connected energy storage deployments have enjoyed a compound annual growth rate (CAGR) of 74% worldwide in the years 2013 to 2018, with a “boom” in deployment figures expected over the next five years, analysis firm Wood Mackenzie has said.

Energy storage firm redT has landed more than £3 million (US$3.92 million) from an open share offer, effectively securing its immediate future.

NEC has now executed five grid-scale battery energy storage projects in China and been awarded another, winning deals in spite of what a company representative described as “aggressive” price competition from domestic vendors.

Andy Colthorpe caught up with Moixa CTO Chris Wright to hear about how a tie-in with trading company ITOCHU and the Ministry of Economy, Trade and Industry (METI) is creating smarter energy networks in Japan using solar, batteries, electric cars – and Moixa’s GridShare software platform.

Pivot Power will collaborate with manufacturer and system integrator redT on what is claimed to be the world’s first grid-scale hybrid battery energy storage project to use a combination of lithium-ion and vanadium technologies.

Questions around who should own, operate and ultimately benefit from the deployment of energy storage systems could soon be resolved in the Philippines after the government Department of Energy issued a set of draft guidelines.

Following February’s excellent Energy Storage Summit at London’s Victoria Park Plaza hotel and hosted by our publisher Solar Media, here’s a short series of videos posing some of the big questions around energy storage, renewables, climate change, business and the industry, and more.

24M, spun out of an MIT laboratory, claims its latest semi-solid battery ‘breakthrough’, Dual Electrolyte technology, heralds a new era to come for advanced lithium batteries. Andy Colthorpe spoke to some of the company’s leadership team to find out more.

Walking around Energy Storage Europe this year it was obvious that the show, like the market, has grown from a small handful of “strong believers” as one source put it, to a forward-looking show focused on a ‘business-as-usual’ scenario.

Sales of battery storage units to residential households in Germany are booming, but it’s the value of services the batteries can provide, rather than the hardware itself that offers a long-term economic opportunity, a Siemens representative has said.