Multinational conglomerate corporation GE has announced Current, a new energy company that combines GE’s LED, solar, energy storage and electric vehicle businesses with its Predix platform to single out and provide cost-effective and efficient energy solutions to customers.
Microinverter specialist Enphase has revealed details of plans for two residential solar-plus-storage trials in Australia and New Zealand and publicly put a figure on prices for its AC battery product.
The recognition by regulators of the need for an enlarged role for energy storage in the UK is a major milestone for the sector, trade associations in the country have said.
The UK, catapulted into being one of the world’s leading regions for solar PV deployment unexpectedly over the past couple of years, is now facing just as unexpected challenges in the form of drastic FiT cuts of as much as 87%. While this is undoubtedly bad for the industry, there are some possible avenues for policy adjustments that won’t require subsidising as well as strategies the industry could adopt to make self-consuming solar with storage a more viable option, writes Simon Daniel of Moixa Technology.
Lithium-ion battery-based energy storage for commercial and industrial customers in the US lies on the cusp of becoming “viable” over the next three to five years, according to international credit rating agency Moody’s.
NextEra Energy’s CEO sees energy storage as one of three areas driving “tremendous growth” for the group and has said that discussions about renewables are “naturally” leading into dialogue on storage.
Power conversion specialist Ideal Power has received an order for 1.5MW of its 30kW battery converters and power conversion systems from a new system integration partner.
US utility Southern California Edison (SCE) has classified energy storage as an “eligible preferred resource” in a 100MW request for offers (RFO) it has issued to acquire renewable energy, capacity and load reduction from new sources.
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”.
News in brief: Indian PM Modi visits Tesla and talks solar-plus-storage with Musk; Scottish renewable energy group forms energy storage division; Harvard team developing flow batteries reports findings.