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Energy Storage

Smart energy revolution could help UK save GBP 8bn, finds report

NIC report finds that the U.K. could benefit greatly from adopting a smarter energy policy, which includes higher interconnections, electricity storage and demand flexibility; current government regulations are standing in the way.

15 MWh of batteries deployed for frequency regulation in Korea

Kokam has supplied two battery systems for frequency regulation to Korean utility KEPCO. Kokam, a Korean company, claims the battery arrays are the two largest lithium nickel manganese cobalt (NMC) oxide battery systems are the world’s largest to provide frequency regulation services to the grid.

SolarPower Europe calls for 35% by 2030 renewable target

Europe’s leading solar trade body, SolarPower Europe, has called on the European Union to set a renewable energy target of 35% to be achieved by 2030, which may require flexible regulatory frameworks. Echoing the conclusion arrived at by the IEA, the former European Photovoltaic Industry Association (EPIA) has called for Europe to demonstrate its leadership in solar and renewables with a concrete target.

U.S. energy storage market more than triples in 2015

GTM Research reports that large energy storage projects made up the bulk of new capacity, but the distributed energy storage market is growing even faster. Lithium-ion batteries dominated deployments during the year.

Australia aims to unlock battery storage revolution

The Clean Energy Council calls for new energy tariffs that would allow Australian householders to realize the economic benefits of installing a battery storage.

Daimler to follow Tesla with new €500 million lithium-ion battery factory

The battery subsidiary of German carmaker Daimler will begin construction of a new €500 million (US$544 million) lithium-ion battery manufacturing facility in the third quarter of this year. The factory will produce batteries for electric and hybrid Mercedes-Benz and smart cars, along with stationary storage products for commercial and residential customers.

SolarCity unveils smart energy home system in Hawaii

The California company’s Customer Self Supply program offers a customized combination of solar, battery storage, smart electric water heater and Nest Learning Thermostat.

E.ON and Solarwatt to partner on electricity storage system

German utility giant will develop own storage system with Dresden-based Solarwatt GmbH based on MyReserve technology; first models to be rolled out in Germany over coming months.

First Tesla Powerwall systems installed in Germany

German solar and storage installer Praml has completed two of the first installations of Tesla’s 6.4 kWh residential battery system, the Powerwall, in the country. Praml has installed two Tesla Powerwall systems reporting that the install took a team of two around five hours.

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Enphase posts $22 million losses during 'challenging' 2015

Despite shipping a record 706 MW of microinverters, the U.S. company ended 2015 at a loss following a profit-making 2014; fourth quarter losses amounted to $15.8 million.

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