UK unveils Europe's largest battery storage project
The 6 MW Smarter Network Storage project near London is the result of a collaboration between S&C Electric, Samsung SDI, Younicos and U.K. Power Networks.
Cleantech disruption to reduce annual utility revenues by up to $123 billion
The growth of distributed generation and energy efficiency is set to reduce utility revenues by up to $123 billion a year by 2025. This is the finding of a new report by consultants Accenture, in its Digitally Enabled Grid report, which advises that utilities will have to fundamentally transform their business models.
Flow batteries to create $190 million market by 2020
On the basis of superior cost dynamics, flow batteries are set to create a 360 MWh market by 2020, for stationary storage applications. Vanadium-based technology will be the predominate redox flow technology, according to research from Lux Research.
Is the oil price slump a boon for solar?
As global oil prices hit a five-year low, the fossil fuel industry is facing a gathering storm that could spell great news for the solar power industry.
Solar plus storage becoming "new normal" in rural and remote Australia
PV arrays coupled with battery storage systems are becoming the “new normal” in Australia’s wide-open spaces. The number of installations continue to increase as governments and businesses begin to realize the new reality of off or edge-of-grid solar+storage affordability.
Sonnenbatterie gets EUR 7.5 million cash injection
The battery storage system manufacturer completes a successful round of funding, capital will flow into expanding production, developing U.S. business and providing support for rapid growth.
pv magazine weekly news roundup: Nov 21-28
Assault of batteries shapes the week, while the good vibes of the 15th Forum Solarpraxis are punctured by the news of SolarMax’s insolvency.
Belectric reveals battery storage facility at large-scale PV plant
Belectric and Vattenfall cut the ribbon for a new battery storage facility at the Alt Daber solar power plant in Germany.
Tesla looking to build battery fab in Germany, in talks to partner with BMW
In an interview with Germany’s Der Spiegel, Elon Musk called for a greater commitment to battery development from German automakers, arguing that large-scale battery production would lead to lower prices for electric cars.
Daimler: Deutsche ACCUmotive to offer stationary PV storage
The German auto giant plans to offer batteries for industrial and stationary storage in addition to the batteries it uses for its electric and hybrid vehicles.
