The award of contracts by utility Southern California Edison (SCE) for 537.5MW/2.150MWh of battery energy storage systems (BESS) has enabled a significant rise in revenues for Ameresco’s project business.

Solar industry players target opportunities in the residential energy storage market in the US and elsewhere with the rollout and launches of new products.

Energy storage will increasingly be deployed to save money on electricity transmission and distribution (T&D) infrastructure, with nearly half of the global market to be found in the Asia-Pacific region by 2026, Navigant Research has said.

Thus far, the relationship between incumbent utilities and the rise of distributed energy storage has been a difficult one. Cosmin Laslau of Lux Research gives his quick take on one US utility’s plan to stay in the game, offering Tesla Powerwalls to customers in three different ownership models.