Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.
The head of the Smart PV division of Chinese technology giant Huawei has said that the high end residential energy storage market will be the company’s entry point into a technology that helps integrate solar to the grid.
Sungrow is to partner with Huanghe Hydropower, providing PV inverter and energy storage systems for a major solar-plus-storage project in Qinghai Province, China.
Eos Energy Storage will deploy a megawatt-scale, behind-the-meter zinc hybrid cathode battery energy storage system for a large oil refinery in Greece, claiming it be validation of the safety and environmental benefits of the novel technology.
Production of commercial energy storage systems has begun at Tesvolt’s new 255MWh annual capacity factory in Wittenberg, Germany, with staff working in isolation due to the risk of COVID-19 infection.
Solar industry players target opportunities in the residential energy storage market in the US and elsewhere with the rollout and launches of new products.
PV Evolution Labs (PVEL), has introduced a Product Qualification Programme (PQP) for energy storage, which “identifies and validates battery-based energy storage solutions for specific applications”.
