A Silicon Valley-headquartered flow battery maker will provide energy storage for telecommunications networks in China, replacing diesel use in a pilot programme ahead of “wide-scale deployment”.
Tom Tipple, regional VP for Imergy Power Systems, a flow battery maker headquartered in Fremont, California, recently visited the PV Tech Storage offices to share his thoughts on the global market for energy storage.
Mercom Capital Group’s second quarter 2015 report into VC funding in the energy storage, smart grid and energy efficiency sectors made for interesting reading for the battery and storage space. As PV Tech Storage noted on 21 July from the report, VC funding almost doubled over the first quarter of the year and the sector saw Arnold Schwarzenegger put his money where his green credentials are, bringing some celebrity investor gloss to the proceedings. PV Tech Storage spoke to Mercom Capital chief Raj Prabhu to delve deeper into the statistics.
Terraform Power, the renewable energy investment vehicle launched by SunEdison, the world’s biggest cleantech developer at present, is set to make its first acquisition in energy storage, SunEdison announced yesterday.
US renewable energy developer SunEdison is planning to power rural electrification and micro-grid projects in India with vanadium flow batteries, announcing that it plans to purchase 100 megawatt hours-plus from Imergy Power Systems.