An open fund for solar energy and energy storage in various emerging markets has been launched by Franck Constant, the co-founder of Sonnedix Group and director of Sithe Pacific, Energy-Storage.News’ sister site PV Tech revealed today.
Poor grid flexibility in Indonesia means energy storage could be critical leverage when trying to install solar and wind projects.
Power conversion specialist Ideal Power has received an order for 0.5MW of its 30kW power conversion systems (PCS) for commercial energy storage projects in Germany, from an unnamed customer or customers.
The utility has integrated battery energy storage systems into California’s electricity market CAISO for the first time.
Third parties and utilities will finance around 84% of the market for grid-tied stationary battery energy storage by 2025, according to a report from Navigant Research.
A company offering solar-plus-storage systems for the residential market has introduced a set of controls that allow consumers to adapt to utility rates and legislative changes with the flick of a switch.
EV manufacturer and battery specialist Tesla Motors has reported strong results with a return to profit in Q3 this year and expectations of this positive performance to continue into Q4.
India’s largest utility NTPC has signed a memorandum of understanding (MoU) for the setting up 50MW of solar power projects combined with battery energy storage near Port Blair in the Andaman and Nicobar Islands.
Grid-scale energy storage developer Eos Energy Storage has raised proceeds of US$23 million through the initial closing of a private placement transaction and expects to use the money to increase deployment of its battery storage product.
GCL System Integration Technology, a subsidiary of GCL, will distribute another 1,000 of its energy storage units to an Australian wholesale partner One Stop Warehouse (OSW).
