Energy storage market to grow to USD250 billion by 2040
This is the forecast in Bloomberg New Energy Finances New Energy Outlook 2016 report, which expects to see the price for energy storage systems significantly drop, as batteries will help to wean power dependency away from large-scale fossil fuel plants.
Solar Impulse 2 lands in New York City
This weekend the solar-powered plane landed in New York City, as the latest leg of its round-the-world tour.
LG Chem supplies 7 MW battery to Ohio community
A 7 MW utility scale battery has been coupled with a 4.2 MW PV array in the Village of Minister, Ohio, to provide a range of electricity supply services to the community. The array was commissioned for the S&C Electric Company and will provide a number of grid and power supply services.
Greece’s islands are in need of more PV and storage
While Greece’s solar PV market starts to gather heat, pv magazine explores why Greece’s non-interconnected island region is the country’s number one spot in need of more solar PV and storage projects.
GE Ventures invests in Sonnen
Undisclosed amount from GE into German battery manufacturer part of latest round of fundraising by Sonnen, which produces lithium-ion storage solutions.
UK: Nissan switches on 4.75 MW solar farm to power electric vehicle production plant
The Japanese car giant’s largest EU factory is now powered by 4.75 MW of solar PV, edging it closer towards a virtuous circle of clean energy production and electric vehicle output.
Leclanché battery cell fab returns to full operation after fire incident
The Swiss battery developer announces that its battery cell production plant in Willstaett, Germany, is back in full operation and will be able to meet delivery requirements.
United States installs 18.3 MW of energy storage in Q1 2016
GTM Researchs latest report finds strong year-over-year growth, particularly for behind-the-meter installations.
Studies reveal booming interest for storage products
81% of solar energy prosumers in Australia are considering adding batteries to their PV systems. Meanwhile in Germany, 94% of citizens support integration of renewable energy storage solutions.
Australia: nearly half of PV installers offer storage, mostly sell commercial systems
A survey by EuPD Research discovers that Australian PV providers today primarily install commercial energy storage systems of over 12 kWh.
