Pierre-Pascal Urbon, CEO of solar inverter manufacturer SMA, has said that the company is anticipating medium-term “exponential growth” in the energy storage market, reporting a “positive performance” in storage-related sales.
A 100MW tender for energy storage, part of a 400MW auction for renewable energy projects, has been officially launched by the regional government of Queensland, Australia.
Residential battery storage has won a partial victory after the UK government agreed to a tax break for battery systems, but only if they are supplied and installed alongside solar panels.
Australian energy firm Genex Power has received first-round board approval from the Northern Australia Infrastructure Facility (NAIF) for potential debt funding of its 270MW solar PV and 250MW pumped hydro projects, that are part of the Kidston Renewable Energy Hub, in Northern Queensland.
Australia’s defence minister has welcomed the start of work on a solar-plus-energy storage microgrid at a military base in Perth by developer Carnegie Clean Energy.
Interest in energy storage in the Middle East is ‘ramping up significantly’, as we reported last week in an extract from this interview with IHS Markit analyst Julian Jansen. His firm is forecasting 1.8GW of energy storage for the region by 2025 – from an installed base of next-to-nothing today. Jansen talked us through some of the drivers, market dynamics and the general picture of what we might see developing.
