Solar microinverter, power optimizer market to surpass $1 billion in 2018
Key markets like the U.S., the U.K. and Australia are driving demand for module-level power electronics, according to IHS. The market has already grown to more than $300 million.
Hawaii: Distributed storage project launched to stabilize grid
A 1 MW distributed storage project has been launched, that will see 1 MW of distributed storage added behind the meter in Oahu, Hawaii. The storage and control systems will be supplied by Stem.
Eltek to supply 300 solar-powered base stations in gulf region.
The Norwegian power solutions group will provide autonomous power systems for mobile telecommunications in the Arab gulf region. Eltek has provided solar powered telecom installations across Africa.
Teslas battery Gigafactory likely to result in over 50% oversupply
New research from Lux Research makes the prediction that the Tesla Motors/Panasonic 35 GW lithium-ion battery production will result in 50% overproduction. The scenario will likely occur, says Lux, as Tesla misses its target of selling 500,000 electric cars in 2020.
Lithium batteries leading electrochemical energy storage technologies
A new study by the Technical University of Munich indicates Asian developers are leading the way when it comes to energy storage systems and far outpacing U.S. and European rivals.
Germany slates $210 million for sustainable power grid research
Some 200 research institutes and companies are taking part in the initiative, part of the country’s ambitious goal of an 80% renewable energy share by 2050.
TÜV SÜD to offer storage system certification
The German testing group has unveiled its new Renewable Energy Storage Systems certification program, which it says will aid manufacturers as well as sellers and end-customers.
Photon Energy employs German tech for pilot project Down Under
The group has secured funding from the German government to design, install and operate a PV battery power supply for a broadcast antenna in Australia operated by communications infrastructure provider BAI.
Report: Energy storage market expected to rise to $50 billion in 2020
The automotive market is displacing consumer electronics as the biggest user of energy storage, which will lead to further scale and cost reductions, according to Lux Research.
Sonnenbatterie expands distribution in Europe
The German smart storage company has opened up its latest distribution outlet in Slovakia — its fifth foreign market — as demand for energy storage systems in Europe continues to rise.
