Funding for battery and energy storage providers dips in Q3
Mercom Capital found that both VC and debt/public markets funding levels in the battery and energy storage field have fallen during 2015, despite a continued strong outlook in the energy storage market.
Hawaii shuts down net metering to new customers
While immediately closing net metering, Hawaiian regulators also published new rules for self-consumption and an order for HECO to create time-of-use rates.
SMA to supply 24 MW Korean energy storage project
SMA Solar Technology AG has been contracted by South Korean utility, KEPCO, to supply 24 of its storage battery inverters and system technology to a 24 MW energy storage project. The delivery is scheduled for November.
All Energy: Hunt leaves door open for storage subsidies
Australian Minister for the Environment Greg Hunt appears to be shaping towards initiating subsidies for the installation of battery storage. The Minister addressed attendees on the opening day of the All Energy trade show in Melbourne yesterday, indicating that new programs to support cleantech deployment may be forthcoming, declaring that energy storage is the new black.
Energy Storage Systems secures $3.2 million flow battery VC funding
Pangaea Ventures invests in the Oregon-based developer’s All-Iron Redox Flow Battery as part of a wider $4.5 million round of fundraising the company has secured to aid production ramp up.
From the Mag: A selection of stories from the October issue
Following a vibrant Solar Power International exhibition, pv magazine investigates the deepening relationship between U.S. utilities and the solar industry, plus Australia and home storage are also in the spotlight.
All Energy 2015: Enphase partners with Genesis for NZ storage trial
New Zealand’s largest gas and electricity utility Genesis Energy will trial Enphase Energy’s new storage system as part of the U.S. microinverter specialist’s Home Energy Solution.
Enphase enters development and supply agreement with Eliiy Power
California-headquartered microinverter specialist agrees six year contract with Japanese battery developer for the exclusive supply of battery cells and management units for Enphase’s AC Battery.
Western Australia to take small communities off-grid with solar plus storage
Western Power, the state-owned company that operates the grid in the south-west corner of Western Australia, is looking to take small communities completely off grid so that it can save money on costly network upgrades and extensions.
Imergy to supply storage to China telcom market
U.S. storage specialists sign two-year agreement with China’s Juno Capital Group to jointly deliver battery solutions to off- and weak-grid areas of the Chinese telecommunications market.
