Bosch looks likely to become the latest big name to participate in a government-funded micro-grid trial, with the company proposed to receive almost US$3 million from California’s energy policy planning agency.
Demand Energy, an energy storage company, and EnerSys, an industrial battery solutions company, have partnered with a luxury New York property developer to install 1MW of aggregated renewable energy across properties.
The increasing amount of PV installed in combination with electrical storage options is bucking the trend in the opposite direction for overall residential solar installations in Germany.
SunEdison has made a significant first step into the grid-scale energy storage market, with the acquisition of US startup Solar Grid Storage.
US battery manufacturer, ViZn Energy, has teamed with financial services company, LFC Capital, on a programme to lease integrated solar and storage systems to property owners.
Energy storage is likely to be worth “tens of billion dollars in the next five to 10 years” across a number of global regions, according to executives at solar microinverter firm Enphase.
Electric vehicle manufacturer Tesla has revealed that its home battery storage products will be available “fairly soon”.
For decades Australia has been at the forefront in deploying renewable energy, coupled with energy storage solutions, in off grid and fringe of grid areas across remote Australia. Many communities have transitioned away from polluting and expensive diesel generators and now use reliable and sustainable renewable energy and energy storage solutions. But it is only now that the full impact of lower energy storage costs are becoming clear, writes John Grimes of the Australian Energy Storage Council.
Investment bank Citigroup is predicting a 240GW global battery storage market worth US$400 billion by 2030 as increased deployment creates a “virtuous circle” of falling costs.
The UK’s Renewable Energy Association (REA) has launched two new trade groups to represent the solar and storage industries respectively.
