The US government has been urged to recognise the “critical role” energy storage can play in making the grid cleaner and able to accept more renewable energy, by increasing the eligibility of batteries and other technologies to receive the Investment Tax Credit (ITC).
The global energy storage market will grow to a cumulative 942GW/2,857GWh capacity by 2040, attracting US$620 billion in investment, caused by sharply decreasing battery costs, according to a Bloomberg NEF (BNEF) report.
In part II of PV Tech’s interview with Vikas Bansal, Head of Business Development - International Solar at Sterling & Wilson Solar, one of the world's largest PV EPC firms, we discuss how installers are having to adapt to new technologies in the realm of PV modules, balance of system, robotics and energy storage.
The European Commission’s decision to end the minimum import price (MIP) on solar imports from China sends the wrong message about Europe’s future support of the battery storage industry, according to a key figure at French power giant, Total.
Zola Energy, one of two US-headquartered providers of off-grid solar-plus-storage solutions to the African continent profiled in Energy-Storage.news’ recent Global Storage Opportunity 2018 report, has obtained US$20 million debt financing.
The market for power conversion systems (PCS) used in energy storage is becoming “increasingly crowded” with competitors, while the diverse field of players will contribute to “rapid technological innovations and price reductions”, Navigant Research has said.
While at Intersolar Europe/ees Europe this week, we caught up with Detlef Neuhaus, CEO of the Dresden-headquartered Solarwatt who told us more about his company's strategy, as well as offering up some candid views on the industry.
Increasingly, solar energy and behind-the-meter battery storage assets are being deployed on an ‘as-a-service’ basis and system integrator Younicos has decided to replicate the strategy for microgrids.