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.
LG Chem and solar inverter maker SolaX Power have formed a partnership around a new hybrid inverter and energy storage system intended as a complete solution for the residential solar market.
It seems increasingly likely FiTs for solar and other government support mechanisms will be heavily cut in the UK, with job losses already taking place and more seeming inevitable. At first storage seemed like a simple solution for installers and the wider industry to shift its focus – even if only temporarily. UK renewable energy recruitment specialist David Hunt of Hyperion Executive Search, himself a former solar installer, takes a closer look.
A trade association representing some of Germany’s energy storage industry has welcomed the renewal of a support scheme for batteries, but says that establishing “fair market conditions” for storage would be more important.
Sonnenbatterie, Germany’s market leader for residential energy storage, has launched an energy trading platform that the company believes could make it as big as existing utility companies, rebranding itself as Sonnen in the process.
Renewables with energy storage can help build low carbon energy networks in the developing world – but the twin technologies still face competition from natural gas while they gradually mature, according to an electric power systems maker and integrator.
A US company which analyses Big Data for energy applications has claimed a world first with its involvement in a Dutch project to integrate multiple distributed energy resources into a single system.
Energy storage is already competitive in a number of mainly grid-based applications, while lithium-ion battery prices could fall by as much as 50% in the next five years, financial advisory and asset management firm Lazard has found.
Aquion Energy’s non-toxic ‘saltwater’ batteries will be used to illuminate a dedicated bicycle lane at an airport in Thailand.
Steag, a major power generator which constructs, plans and operates power plants, is spending US$100 million on acquiring 90MW of large-scale energy storage to help stabilise Germany’s grid.
