Latest headlines

Germany sees price drop in solar power storage systems

Regensburg, Germany

Prices for solar power storage systems have fallen by 25% since spring. The German solar industry expects continued growth in demand for storage systems.


UK unveils Europe's largest battery storage project

Energy storage substation in Leighton Buzzard, Bedfordshire.

The 6 MW Smarter Network Storage project near London is the result of a collaboration between S&C Electric, Samsung SDI, Younicos and U.K. Power Networks.


Flow batteries to create $190 million market by 2020

A battery.

On the basis of superior cost dynamics, flow batteries are set to create a 360 MWh market by 2020, for stationary storage applications. Vanadium-based technology will be the predominate redox flow technology, according to...


Cleantech disruption to reduce annual utility revenues by up to $123 billion

A power pole.

The growth of distributed generation and energy efficiency is set to reduce utility revenues by up to $123 billion a year by 2025. This is the finding of a new report by consultants Accenture, in its Digitally Enabled Grid...


Is the oil price slump a boon for solar?

Texas oil well.

As global oil prices hit a five-year low, the fossil fuel industry is facing a gathering storm that could spell great news for the solar power industry.


Solar plus storage becoming "new normal" in rural and remote Australia

An Australian solar farm.

PV arrays coupled with battery storage systems are becoming the "new normal" in Australia's wide-open spaces. The number of installations continue to increase as governments and businesses begin to realize the new reality of off...


Sonnenbatterie gets EUR 7.5 million cash injection

Sonnenbatterie storage management.

The battery storage system manufacturer completes a successful round of funding, capital will flow into expanding production, developing U.S. business and providing support for rapid growth.


pv magazine weekly news roundup: Nov 21-28

Tesla motor.

Assault of batteries shapes the week, while the good vibes of the 15th Forum Solarpraxis are punctured by the news of SolarMax's insolvency.


Belectric reveals battery storage facility at large-scale PV plant

Belectric's energy storage system.

Belectric and Vattenfall cut the ribbon for a new battery storage facility at the Alt Daber solar power plant in Germany.


Tesla looking to build battery fab in Germany, in talks to partner with BMW

BMWi production in Leipzig, Germany

In an interview with Germany's Der Spiegel, Elon Musk called for a greater commitment to battery development from German automakers, arguing that large-scale battery production would lead to lower prices for electric cars.


LG Chem partners with Siemens on battery storage systems

Siemen and LG Chem sign MOU on battery storage collaboration, November 19, 2014

Just days after Daimler announced that it would halt production of its in-house battery cells and instead use LG Chem cells for its electric and hybrid vehicle batteries as well as for stationary storage solutions, the South...


Daimler: Deutsche ACCUmotive to offer stationary PV storage

Daimler Deutsche ACCUmotive stationary storage

The German auto giant plans to offer batteries for industrial and stationary storage in addition to the batteries it uses for its electric and hybrid vehicles.


Electrovaya moves towards Li-ion battery factory purchase

Lithium ion battery.

The lithium ion battery manufacturer plans to acquire a 500 MWh-capacity manufacturing plant for the production of lithium ion electrodes and other products.


Greensmith riding energy storage wave atop software platform

Greensmith CEO John Jung

Interview: Greensmith, a leading provider of energy storage management software, has seen dramatic growth in the grid-scale energy storage market, putting the company ahead of its 2014 targets. CEO John Jung spoke with pv...


Residential storage market to increase to 900 MW by 2018

Storage.

IHS analysis released today forecasts the grid-tied residential storage market to increase from 90 MW to 900 MW over the next four years. The startling tenfold market expansion is primarily due to the increasing attractiveness of...


RES Americas to build 40 MW energy storage system in Illinois

RES Americas 4 MW storage system, Sunbury, Ohio

BYD America will supply the battery storage modules for the projects. The batteries use lithium iron phosphate. Construction is to begin this winter, with completion scheduled for August.


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