The UK’s Valuation Office Agency (VOA) is calling on the sector to engage with the development of business rates that will be applied to energy storage projects in 2022, including those attached to subsidy-free solar farms.
Chinese electronics and engineering company Huawei, which also manufacturers inverters for solar PV systems, is starting the supply of its FusionHome Smart Energy Solution, providing solar-plus-storage capabilities to the Australian residential market during the first quarter of 2018.
The CEO of Orsted, the world’s largest offshore wind developer, has said that his company is working to establish “a scalable commercial model” for solar PV and energy storage, viewing both as potential drivers of long-term growth.
Major oil company Shell and European utility ENGIE are among investors to have pumped US$20 million into Husk Power Systems, a developer of microgrids which is expanding its efforts in Asia and Africa.
The first ‘smart neighbourhood’ in the US state of Georgia is being created by utility Georgia Power and homebuilder PulteGroup, with each home equipped with solar PV, battery energy storage and other smart, clean and distributed energy resources.
NEXTracker CEO Dan Shugar sat down to talk to Energy-Storage.News about developing – and selling – energy storage systems in lithium and flow battery ‘flavours’ alongside his company’s market-leading PV tracker systems.
Adding energy storage gives solar developers and the industry in general the ability to “keep going”, while offering both lithium and flow battery systems covers a “wide-range of use cases”, NEXTracker CEO Dan Shugar has said.
Private equity fund SoftBank Vision Fund has officially signed off on a Memorandum of Understanding (MOU) with Saudi Arabia’s Public Investment Fund (PIF) to develop 3GW of PV and energy storage capacity within Saudi Arabia.
The Clean Energy Finance Corporation (CEFC) and the Australian Renewable Energy Agency (ARENA) have both financed the Kennedy hybrid solar, wind and storage project in north Queensland, which is being developed Windlab and Eurus Energy.
