AGL Energy has invested US$20 million in energy storage manufacturer Sunverge, as Australia’s biggest utility set up a fund worth ten times that to help meet its climate change commitments.

PV Tech Storage attended the late November launch of sonnenCommunity, a new energy trading platform launched on a limited basis in Germany based on Sonnen’s residential energy storage systems. Andy Colthorpe spoke to two key members of the Sonnen team at the event, CEO Christoph Ostermann and sales director Philipp Schröder.

A US company which analyses Big Data for energy applications has claimed a world first with its involvement in a Dutch project to integrate multiple distributed energy resources into a single system.

Battery-based energy storage could provide up to 13 different services to the US electricity grid, while the usefulness of the technology increases the more ‘distributed’ it is along the system, according to a new report.

Following the announcement of a ‘virtual power plant’ pilot in Australia, Sunverge energy storage systems have been selected for another trial project to test the capabilities of customer-sited storage, this time in the US.

Australia’s Renewable Energy Agency (ARENA) released a hefty report on global energy storage and how it relates back to the domestic situation last month. Tom Kenning investigated one of the report’s main conclusions – that the value for energy storage in Australia, initially at least, will most likely be found behind-the-meter.

Effective ways of assigning economic value to services provided by aggregated storage systems must be found to progress the use of such technology, according to a technical consultant involved in a recent report assessing Australia’s energy storage landscape.

Energy storage start-up Stem says it sees “strong opportunity” for expansion of its business in Australia, Japan and the EU, in the week when the company closed a US$12 million funding round led by Japanese trading company Mitsui & Co.