Inaugural global energy storage report by GTM Research finds that Australia’s behind-the-meter storage market tripled in 2017, while the U.S. remains the world’s leading market with an installed energy capacity of 431 MWh. China poised to rise to second place globally in 2019.

The Swiss power electronics giant has announced that its UNO-DM-PLUS string inverters are now operationally compatible with Tigo’s DC optimization technology, which also offers module-level monitoring and rapid shutdown capability.

The Indian-headquartered EPC has set a June 2019 deadline for its plans to install 300 MW of new solar PV capacity in Vietnam, a market that is poised to boom over the next few years.

In partnership with online investment platform Lendahand Ethex, British off-grid power specialist BBOXX will seek to raise £2.5 million via a series of retail focused investment offers to garner funds for the roll out of its solar systems in a handful of African countries.

The large-scale solar markets of China, the USA, and Europe have experienced vastly different fortunes over the past couple of years. As China has boomed and the U.S. held steady, Europe has seen growth rates plunge. But nothing is constant in PV, and each of these three vital markets faces a series of unique challenges and opportunities, as pv magazine discovered.

Götz Fischbeck, Business developer Central Europe Delta EE, discussed with pv magazine at the recent Energy Storage Europe exhibition ways in which storage applications can become smarter in order to better serve the grid and boost the growth of electric vehicles.

Aggreko-owned storage system experts Younicos claimed first place in the pv magazine Energy Storage Highlights award. Alexander Schönfeldt, the company’s VP sales EMEA, describes this award-winning concept and reveals more details about Younicos’ new rental storage system.

The Chinese technology firm, which has become a leading player in China’s electric vehicle industry, has warned that subsidy cuts for new-energy vehicles could further drag down its profits. Solar and stationary battery business performing well, however.

‘Unprecedented challenge’ for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees renewables claim larger share of bulk and dispatchable generation while adding vital flexibility to global energy mix.

At the recent Energy Storage Europe exhibition in Düsseldorf, Florian Mayr, partner at renewable energy advisory firm Apricum, explained how lithium-ion technologies got a jump on other battery forms in the stationary storage world, but its dominance should not be taken for granted.