Total to acquire storage developer Saft for USD 1.1 billion
French oil giant Total is purchasing all of Saft’s shares, as it aims to enter the energy storage market and boost its development in the renewable sector.
Vermont utility begins installations of Tesla Powerwall for customers
Green Mountain Power says the batteries will provide benefits both for customers and the grid.
Australian Greens launch plans to subsidize 1.2 million residential battery systems
The Australian Green party has released a policy that would see distributed battery storage incentivized. The proposed scheme would provide a refundable tax credit of up to AU$5,000 (US$3,690) for households installing a battery system, and allow businesses to accelerate the depreciation of a storage system.
Tesla delivers 25 MWh of stationary storage in Q1
Tesla Energy “posted strong growth” in Q1 2016, the company has announced in its latest update to shareholders. Tesla reports have shipped over 25 MWh of stationary storage products in Q1, to customers across four continents.
SolarCity to offer utility-scale solar and grid services for utilities
The largest distributed solar provider in the United States has moved into utility-scale, and is now offering grid services as well through battery storage and its software platform.
UK: solar installed by independent entrepreneurs topped 2 GW in 2015, study finds
Independent renewable entrepreneurs supplied 7.6% of the U.K.’s power demand last year, investing more than GBP 1 billion into renewable energy; solar capacity grew by 83% in this sector.
US: DOE grants $25m to aid grid integration of solar energy
Department of Energy pledges $25 million in funding as part of the extended Enabling Extreme Real-Time Grid Integration of Solar Energy program, part of the Grid Modernization Initative.
The pv magazine weekly news digest
IKEA starts selling home PV systems; First Solar reports solid year-to-year growth in Q1; Solar Impulse returns to the skies. Good news is not boring in the solar world.
Second-generation Powervault energy storage systems launched in the UK
The new product range, with enhanced features, has been launched at the same time as a Crowdcube crowdfunding campaign offering the opportunity to invest in the company as the storage market is expected to grow exponential.
Tesla prepares for major growth in U.S. behind-the-meter energy storage in 2016
GTM Research analysis of a Tesla filing shows that the company expects to sell a larger volume of batteries to Tesla than was represented by the entire behind-the-meter market last year.
