The proposed deal for Tesla to acquire US rooftop solar company SolarCity makes sense but could distract both parties from immediate core objectives, according to Lux Research.
BMW has announced plans to launch a stationary energy storage product for both residential and small commercial applications using the high-voltage batteries used in i3 electric vehicles, including those repurposed from existing EVs.
Tesla has made an offer to acquire SolarCity in stock swap deal that would give SolarCity shareholders a premium of 21-30%.
The Clean Energy and Solar Power Portal Awards sponsored by Trina Solar, an annual celebration of the PV industry from Energy-Storage.News’ UK-based publisher, Solar Media, will include residential energy storage as a category for the first time this October.
GE Ventures, the venture capital arm of US-headquartered multinational engineering group GE, has invested in German energy storage hardware and services provider Sonnen.
Simpliphi Power’s cobalt-free lithium-ion storage systems, which claim to eliminate the threat of thermal runaway, have been integrated into the Global Sustainable Energy Solutions (GSES) inaugural solar mobile training courses in Australia.
Major new storage trial in Australia, ViZn announces new advisory board members, CEFC announces new funding for low carbon tech.
German lithium-ion based energy storage system maker Sonnen says it achieved an undisclosed “seven-figure sales number” in the US in the first quarter of this year.
It would be unfair to put the burden of paying for the rollout of smart meters onto German households with PV-plus-storage when the devices would primarily benefit grid operators, trade association BSW Solar has said.
Texas-headquarted Mercom Capital Group recently released its Q1 2016 funding and M&A report for energy storage, smart grid and energy efficiency sectors. Mercom’s CEO and co-founder Raj Prabhu discusses the energy storage trends tracked in this quarter with Energy-Storage.News, especially in light of the drop in venture capital funding this quarter.
