Tesla gears up for charge into home battery storage market
Tesla Motors, the electric vehicle company throwing down a major challenge to the global motor industry, says it is now looking to become a front-runner in energy storage in a major new challenge to the traditional electric utility business model.
Younicos forms new business units to capitalize on growing storage market
The Berlin-based energy storage company announces creation of three new business divisions and experienced senior management team as it eyes global opportunities within the sector.
Investments in 'grid-edge' companies climb to $1.3 billion in 2014
According to GTM Research, investments in the field last year surpassed 2012 and 2013 but remained below the $1.4 billion the sector raised in 2011.
DNV GL to provide grid storage testing to ARPA-E
Renewable energy and sustainability advisory DNV GL has signed a four-year deal to supply performance testing for U.S. government agency ARPA-E. The testing will validate the performance, reliability and safety of grid-tied storage technologies for which Advanced Research Projects Agency-Energy (ARPA-E) is providing funding.
Japan's METI to roll out energy efficiency and storage subsidy
Distributed battery installations are set to receive a boost in Japan, with the country’s Ministry of Economy, Trade and Industry set to roll out a $779 million incentive scheme. The scheme will also target energy efficient technologies.
Manz books $47.5 million in battery orders
German PV, battery and flat panel production equipment supplier Manz has announced EUR 40 million ($47.5 million) in lithium ion battery equipment supply deals. The details of the orders have not been revealed.
Aquion Energy enters 1 MWh battery supply deal in Hawaii
U.S. aqueous hybrid ion battery developer and supplier Aquion Energy has entered into a supply deal with the residential community Bakken Hale, to supply a 1 MWh battery system. The battery installation will be coupled with a PV array to supply the community with 24/7 solar electricity.
Californian grid operator to address net imbalance
The Californian Independent System Operator (CASIO) is addressing the famous load duck and attempting to “let the duck fly.”
Interview: Storage at cusp of strong growth in commercial market
Last week GTM Research released its latest solar-plus-storage market report. Ravi Manghani, senior analyst energy storage at GTM Research spoke to pv magazine about the emerging storage market in the commercial sector both for peak shaving and backup power.
Germany sees price drop in solar power storage systems
Prices for solar power storage systems have fallen by 25% since spring. The German solar industry expects continued growth in demand for storage systems.
