Renewable Energy Systems (RES) has announced it will be working on a 640 kWh energy storage system in Somerset, the U.K. The Renewable Energy Association (REA) has applauded the news, stating the country is set to see considerable storage growth in 2016. Government policies are currently a barrier, however.
With an international agreement in Paris on emissions reductions inspiring ambitious renewable energy goals, an extension of the U.S. Investment Tax Credit (ITC) and record low prices for installed PV, 2015 was a positive year for the global solar industry.
Funding for battery storage for small solar PV systems in Germany ceased at the end of 2015. The Federal Government is said to still be working on the new program, which should start “as early as possible in 2016,” and end in 2018. When and how exactly the support will work is still anyones guess, however.
The company expects significant balance of systems cost reductions for energy storage systems, and for this to help drive increased deployment.
German storage specialist has launched its plug-and-play home battery system in the U.S. ahead of Christmas, giving the company a headstart on Teslas highly anticipated Powerwall.
From COP21 and solar cop-outs to c-Si breakthroughs and the small matter of a possible, No, JUST CONFIRMED, extension of the U.S. ITC, it’s been a pretty quiet week in the world of solar PV.
Off Grid Electric has secured US$45 million in investment to realize its aim of installing solar and battery storage in one million homes in Tanzania over the next three years.
A project in South Korea will show how battery-storage systems can provide grid services on a grand scale. Its 200 megawatts of reserve power exceeds previous project examples by far. Projects are already pointing in the right direction in Europe, too, with one small catch.
SunEdison Inc. and Imergy Power Systems have partnered up to supply Ontario’s Independent Electricity System Operator (IESO) with 5 MW of battery storage. The project is slated for completion in 2017.
There is a lot of talk and action regarding energy storage in Europe and the sector is actively discussing which national market will emerge most strongly. A seldom discussed but very strong case can be made for Ireland.
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