Our ability to generate renewable energy is scaling up fast, and solutions to integrate that energy will rely on technologies like blockchain to help keep new solutions on track. Power Ledger’s executive chairman and co-founder, Dr Jemma Green, looks at the role blockchain plays within her company’s platform to integrate and automate solar energy trading and balancing.
Mitsubishi Corporation said today that it is partnering with major Japanese telecoms provider NTT to “study cooperation” in renewables, energy management using electric vehicles and battery energy storage, while according to reports, NTT is investing around US$1 billion a year in renewable energy up to 2030.
French utility EDF is launching a major solar-plus-battery storage hybrid initiative in England and Wales as part of plans to double its installed renewable base.
Sunrun has made a further expansion in providing grid services by choosing AutoGrid’s software to help manage its fleets of aggregated home solar and battery systems.
An ITC for standalone energy storage systems could finally become reality with its inclusion in a US$1.5 trillion infrastructure investment Bill, tabled by House Democrats.
Coal retirements, liberalised energy markets and declining costs continue to improve the business case for energy storage in Australia, but the coronavirus pandemic is among factors creating uncertainties and risks, new research has found.
Adding well-optimised energy storage to solar PV projects in the US state of Massachusetts can increase project revenues by up to 50%, Stem Inc has claimed, as the energy storage provider announced the completion of a front-of-meter solar project with 8MWh of storage.
Industry commentators have expressed shock and surprise that NEC Corporation’s Energy Solutions business has been wound down, while an analyst said the reasons for the energy storage system integrator’s demise are likely to go back further than the COVID-19 pandemic.
