Tech giant Apple has said that solar and energy storage projects will be among the priorities for expenditure under its inaugural green bond, which the company issued earlier in the week to the tune of US$1.5 billion.
Holland’s national grid operator has said that batteries will be an “excellent alternative” to conventional power plants in providing balancing services, especially as a complement to increased solar and wind deployment.
Schneider Electric will provide a 1MWh energy storage system to be paired with a PV system from Duke Energy-backed REC Solar in the latest project to show how renewables-integrated microgrids can work.
Energy storage is to be included in India’s state-run solar energy tenders for the first time under plans to help smoother integration of renewables into the grid.
Hawaii’s electricity regulator and main utility have recognised that customer-sited distributed energy resources (DERs), including rooftop PV and energy storage, can provide essential grid services and better visibility for network operators, the VP of Stem Inc's Hawaii operations has told Energy Storage News.
SolarEdge has again reported record quarterly revenues, bringing in US$125 million in the fiscal second quarter and guiding third quarter revenues to a similar level.
SMA is aiming to tackle the market for retrofitting energy storage systems in to existing home PV installations, with a new AC-coupled version of its Sunny Boy inverter suitable for high voltage batteries.
Corporations and utilities are already interested in energy storage but must collaborate to advance deployment and lower costs, avoiding some of the past mistakes of the PV industry, according to the heads of one California-based industry group.