Energy storage is already competitive in a number of mainly grid-based applications, while lithium-ion battery prices could fall by as much as 50% in the next five years, financial advisory and asset management firm Lazard has found.
Aquion Energy’s non-toxic ‘saltwater’ batteries will be used to illuminate a dedicated bicycle lane at an airport in Thailand.
A UK initiative to provide codes of best practise in the selling and installation of PV systems paired with electricity storage is underway, with authors of a guide seeking consultation from stakeholders.
US analysis firm GTM Research has published the latest commentary to highlight significant potential in Australia for energy storage, driven by the success of its PV industry.
Top names have signed up to support the Energy Storage division of PV Tech Storage’s publisher Solar Media, which has launched a series of events and media activities for next year, targeting the UK’s nascent industry.
Energy storage may prove to be the key bulwark against the so-called value deflation of solar expected as it achieves higher levels of penetration, according to an analyst at GTM Research.
German trade association BSW Solar has called for an extension to the country’s PV energy storage incentive programme.
John Grimes of Australia’s Energy Storage Council writes a summary of the recent Global Energy Storage Market Overview & Regional Summary Report which was issued to his group’s members in October. The report looks at many of the big trends and activities driving the space forward.
Germany’s market-leading residential energy storage system maker Sonnenbatterie is to enter the UK residential energy storage market with its lithium-ion storage system Sonnenbatterie eco.
Energy storage manufacturing is the fastest growing business unit for tool maker Manz, the company has told PV Tech Storage.