Tesla reported losses of around US$0.36 per share in its quarterly earnings announcement yesterday, despite a flurry of activity around its stationary storage launch last week – yet the company still outperformed the expectations of the investment community.

Ecotricity, a UK-based supplier of renewable and clean energy, will trial a home energy storage box later this year.

More details have emerged on inverters for Tesla’s new home battery system, to be made by Fronius and SolarEdge, while the EV-maker’s energy storage will be installed at demonstration and commercial projects for US utility Edison International.

Tesla’s Powerwall home energy storage system will join the US market at a “remarkably low price”, according to one analyst PV Tech has spoken to following the announcement from Silicon Valley last night.

Prices for Tesla’s stationary storage systems for homes, businesses and off-grid communities, to be packaged and sold in partnership with SolarCity, will begin at US$3,000, thought to be as little as a third of the price of comparable products previously available on the market.

A Japanese utility which last year temporarily suspended new grid applications for large-scale solar, sparking a wave of similar suspensions by other utilities, will install a huge battery project aimed at integrating a higher capacity of renewable energy generation.

The remote Faroe Islands in northern Europe are to benefit from a major energy storage system, which as well as helping integrate renewable energy sources, will also operate on a commercial basis providing grid balancing and other ancillary services.

An energy storage project aimed at enabling the grid integration of 1MW of solar and 4.5MW of wind on the Portuguese island of Graciosa will be supplied with batteries by Leclanché.

A US energy company is testing power-to-gas systems that store energy from renewable energy production, including solar power, during times of excess supply.

Australian prime minister Tony Abbott is like King Canute, standing on the shore commanding the tide of renewable energy and energy storage not to come in. But no matter how much he rails against the future, this prime minister is way too late to stop the tide of progress. A range of factors are coming together at the same time that will see distributed solar PV combined with energy storage move into the early mainstream in the coming years – and sooner than later, says John Grimes of the Australian Storage Council and Australian Solar Council.