The US state of California’s Senate has approved a bill that would provide rebates to customers for the purchase of energy storage systems, bringing the legislation a step closer to introduction.
Arizona utility Tucson Electric Power (TEP) claims that the cost-effectiveness of a new large-scale solar-plus-storage facility under construction will allow it to provide “more solar energy to more customers for less money”.
Stem Inc. will build a 4.2MWh energy storage project on the California State University (CSU) Dominguez Hills campus to help the institution save on energy costs.
US-headquartered independent solar power developer 8minutenergy Renewables announced Tuesday that it has expanded into the energy storage sector with a 1GW project pipeline.
India’s biggest utility, NTPC (National Thermal Power Corporation) is seeking bidders to add a 6MW / 24MWh battery energy storage system (BESS) to a 17MW PV plant in Manglutan, South Andaman.
In less than 10 years, distributed solar-plus-storage systems will reach 27.4GW worldwide and be worth more than US$49.1 billion, with Asia and Western Europe leading the way, a new report from Navigant Research has forecast.
Energy storage has reached a point of commercial viability in the UK according to the chief executive of redT energy, who said the company had now reached “the right price” for an economic proposition.
Distributed energy technologies such as solar and battery-based energy storage could save Australia AU$101 billion (US$75 billion) by 2050 and completely eliminate greenhouse gas emissions, according to a new report from CSIRO and Energy Networks Australia (ENA).
