Manz AGs energy storage segment drives growth in Q1
German hi-tech equipment manufacturer Manz AG posted promising first quarter financial results, as revenues rise 19.5%, mainly driven by a significant increase in its energy storage segment.
Engie acquires 80% stake in battery maker Green Charge Networks
The utility follows in the footsteps of its French counterpart Total by moving into the battery storage space with its 80% acquisition of California’s Green Charge Networks.
Sonnen bests Tesla's Powerwall in Q1 battery sales
The German storage startup takes the fight to Tesla in 2016, selling 2,600 batteries in the first quarter to edge out Tesla, which confirmed earlier this month that it has sold 2,500 Powerwalls during the same period.
S&C completes 7 MW solar energy storage in Ohio
A solar+storage system, which includes a 7 MW lithium ion energy storage connected to 4.3 MW solar plant, was officially unveiled in Minster, Ohio.
Enphase Energy launches its Enphase AC Battery in Australia and New Zealand
The two countries will be the first region in the world where the California-based company will be selling its Enphase Home Energy Solution, as it continues to expand into international markets.
Total to acquire storage developer Saft for USD 1.1 billion
French oil giant Total is purchasing all of Saft’s shares, as it aims to enter the energy storage market and boost its development in the renewable sector.
Vermont utility begins installations of Tesla Powerwall for customers
Green Mountain Power says the batteries will provide benefits both for customers and the grid.
Australian Greens launch plans to subsidize 1.2 million residential battery systems
The Australian Green party has released a policy that would see distributed battery storage incentivized. The proposed scheme would provide a refundable tax credit of up to AU$5,000 (US$3,690) for households installing a battery system, and allow businesses to accelerate the depreciation of a storage system.
Tesla delivers 25 MWh of stationary storage in Q1
Tesla Energy “posted strong growth” in Q1 2016, the company has announced in its latest update to shareholders. Tesla reports have shipped over 25 MWh of stationary storage products in Q1, to customers across four continents.
SolarCity to offer utility-scale solar and grid services for utilities
The largest distributed solar provider in the United States has moved into utility-scale, and is now offering grid services as well through battery storage and its software platform.
