There is no economic benefit from installing energy storage with solar PV in UK homes, a new study has suggested, adding that the cost of battery degradation would cost homeowners £400 (US$518) in the first year.
PV energy provider SunPower announced Wednesday that it has broken ground on a 10MW PV project at the Redstone Arsenal US Army post in Alabama that will also feature a 1MW energy storage system.
Filipino renewable energy firm Solar Philippines is developing an off-grid solar, battery and diesel micro-grid in the Philippines that could be the largest of its kind in Asia, according to the company head.
Regulations for the safe use of energy storage systems still need adaptation to “accommodate a broader use of energy storage with higher energy content like lithium-ion batteries in private homes”, experts at Fraunhofer ISE (Institute for Solar Energy Systems) have said.
The latest phase of a AUS$55 million (US$43.8 million) programme giving remote communities in Australia’s Northern Territory reliable and clean power will see a 2MWh battery installed and paired with more than 3,000 solar PV panels.
Tenders for solar-plus-storage projects on French island territories including Corsica, Guadeloupe and Martinique have resulted in winning bids often 40% lower than the victors of previous reverse auctions.
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.