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.
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.