France storage project highlights cost journey facing batteries in Europe
Nice Grid pilot storage project by EDF’s power grid unit ERDF reveals that the economic model of storage technology is not yet viable across most of Europe’s main grids.
From the Mag: A selection of stories from the July issue
pv magazine’s July edition includes a thorough examination of the utility-scale solar sector in the U.S., tracks the globalization of the tracker industry and explores the storage markets and policies that are driving the battery sector.
Leclanché secures $8.2 million in financial backing
Swiss battery maker, Leclanché has secured CHF7.7 million (around US$8.2 million) in additional funding to support its growth plans. Major shareholder, Recharge Aps has also agreed to convert up to CHF 17 million of its loan into equity.
Younicos and Duke Energy combine on 36 MW Texas storage project
German battery specialist Younicos, together with Samsung SDI, to collaborate with U.S. utility Duke Energy on creation of 36 MW storage plant in Texas.
Solar-powered Formula E can overtake Formula 1, says Richard Branson
The Virgin tycoon believes all-electric and solar-powered racing cars will prove more attractive to sponsors and racing enthusiasts within the next four or five years.
Powervault raises $1.1m in crowdfunding for its storage platform
The U.K.-based tech startup hopes to take on Tesla in the British home storage market, and has raised 700,000 pounds on investment crowdfunding platform Crowdcube.
Smart Home Energy to grow to USD4 billion market by 2025
Embodied by devices like Nest, the Smart Home Energy market is set to exhibit impressive growth in the coming years. IHS Technology made the prediction today that the global market for Smart Home Energy devices and services will reach US$4 billion by 2025.
SMA to capitalize on GW scale PV hybrid opportunities
SMA Solar Technology AG has set up a test center at its German headquarters to optimize PV diesel hybrid energy systems. Such applications are growing in importance, says the company, which estimates an annual global growth in the single digit GW range.
Analysis: Frances island solar+storage program presents EUR100 million opportunity
Frances tender for 25 -50 MW of solar+storage projects on Frances islands and island territories will result in a market of around 100 million (US$112 million). Consultants THEnergy delivered its analysis today, concluding that it is likely more than 50 MWh of storage projects will be developed under the program.
SunEdison teams with Green Charge Networks on commercial solar+storage
PPA pioneer SunEdison has teamed up with lithium ion commercial storage provider Green Charge Networks on a commercial solar+storage offering. The two companies in particular target commercial customers where demand charges can be significantly reduced through the installation of solar+storage.
