Tesla batteries in microgrids will be deployed to help integrate renewable energy into California’s interdependent “water-energy nexus”, as the state faces it worst drought on record.
John Grimes of Australia’s Energy Storage Council writes a summary of the recent Global Energy Storage Market Overview & Regional Summary Report which was issued to his group’s members in October. The report looks at many of the big trends and activities driving the space forward.
Investment giant Goldman Sachs will invest US$150 billion in renewables by 2025, including energy storage as a key part of this commitment, it has said.
PV Tech Storage spoke to Nancy Pfund of ‘social impact’ investors DBL Partners, among Tesla’s early backers and participants in two of the top five VC fund plays of this year’s third quarter.
Energy storage is likely to be a near future “game changer” for Australia and could make the country the world leader in solar-plus-storage, a new report claims.
Financial activity in the third quarter of this year was slightly flatter than Q2 for smart grid, batteries, energy storage and energy efficiency, but the average deal size grew, according to Mercom Capital Group.
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.
Australia-based flow battery provider Redflow has halved the price of its zinc-bromide battery (ZBM) to the point where the cost of energy produced from its battery drops below the price of energy from the grid.
Battery-based energy storage integration and development company Younicos has launched a power converter unit and a standalone, easily deployable storage solution, with the company describing the move into hardware as a “next logical step”.
