The market for residential solar paired with energy storage will grow tenfold by 2018, despite the relative failure of deployment to “live up to hype”, according to a new report from analysis firm IHS.
US battery and energy storage system manufacturer Aquion Energy has closed a US$36.8 million financing round, which it will use for purposes including scaling up production and deploying storage projects internationally.
Canadian Solar has finalised a deal to provide 4MW of energy storage, to be used to support the electrical grid in Ontario, Canada.
US utility company Southern California Edison (SCE) has announced that it will procure 261MW of grid-connected storage capacity from a handful of suppliers, after a competitive solicitation process.
In December, PV module manufacturer Hanwha Q CELLS will join other big names in solar by launching an integrated energy storage product to the German residential market, in partnership with Samsung SDI.
The solar industry should be wary of thinking that there will be a support mechanism-fuelled “gold rush” on energy storage in the UK, according to the director of the Electricity Storage Network (ESN).
The Australian Renewable Energy Agency (ARENA), has given utility company AGL Energy (AGL) the task of examining the business case for grid-connected energy storage in South Australia, with AGL to receive AUS$445,000 (US$390,000) of funding.
Axion Power International, a maker of lead carbon battery systems, has been selected to supply energy storage and frequency regulation to a 9.1MW solar farm in Pennsylvania, the company has announced.
The US Department of Energy’s Sunshot initiative has announced US$15 million in funding to aid the integration of solar into the electrical grid infrastructure using energy storage systems.
Zinc redox flow batteries could be a “viable substitute” for simple cycle peaking power plants in the US, especially as the increase of solar penetration adds concerns over grid stability, according to a new whitepaper.