Calgary-headquartered Eguana Tech has joined high-profile rivals like Tesla and Sonnen in targeting South Australia’s residential energy storage market, announcing it has become eligible for the state’s incentive programme.

The energy industry is evolving towards more ‘enterprise platform’-based business models, enabling energy storage to play a vital role for businesses and the grid, NEC Energy Solutions (NEC ES) CEO Steve Fludder has said.

Orders for distributed energy storage and the rise of an electric mobility market have kick-started a battery assembly push in India.

A drive aimed at reducing the soft costs of distributed energy storage systems by the New York State Energy Research and Development Authority (NYSERDA) could award over US$8 million of funding.