Barriers to financing for energy storage could hold back the growth of solar in the US, while an Investment Tax Credit (ITC) for standalone energy storage should be introduced, the audience heard as our publisher Solar Media hosted the Solar and Storage Finance USA event last week.
Germany-headquartered residential battery storage manufacturer sonnen has launched an “all-in-one” system in the US which comes at a recommended retail price of US$9,500.
Vertically integrated solar PV company Canadian Solar will install 75MW / 300MWh of battery energy storage at a California solar power plant owned by Goldman Sachs Renewable Power.
US wholesale electricity supplier NextEra Energy Resources has said 700MW of contracted battery energy storage resources it will deploy in California within two years could be followed by a further 2,000MW pipeline of battery projects under development in the state.
More than 60MWh of residential battery energy storage systems from sonnen will be used in a virtual power plant (VPP) project in California that will fit out solar-powered energy solutions for around 3,000 residential apartments.
NEC Corporation representatives have said that while the domestic market opportunity for battery energy storage remains fairly small for the Japanese company, it is expected to “increase dramatically” within the next three years at commercial and industrial (C&I) and utility-scale.
With industry heavyweights eyeing up developments of solar-wind-storage projects, Liam Stoker uncovers what’s really driving hybrid power plants, and the regulatory and financing hurdles that must be surpassed to deliver them.
ZAF Energy Systems, a maker of nickel-zinc (NiZn) batteries which in 2019 claimed a “breakthrough in cycle life” has netted a contract to outfit a data centre in the Southern US for integrator Capitol Power Group (CPG).
Storelectric CTO Mark Howitt puts forward the case for his company’s ‘innovative’ adiabatic compressed air energy storage, which he claims is a long duration technology complementary to other existing and advanced tech such as batteries.
