Distributed Storage

Biggest shareholder has acquired – and postponed payment of – a chunk of debt due last month and agreed a further debt-to-equity transfer. The Swiss company today stated further measures will be required to shore up its balance sheet.

Dr Rashi Gupta, Director at Vision Mechatronics discusses the EV landscape in India, particularly focusing on the potential for battery manufacturing. While there are currently many challenges, like a lack of raw materials and infrastructure, the opportunities are immense.

At the end of June, Amsterdam’s Johan Cruijff ArenA inaugurated Europe’s largest energy storage system using new and second-life energy storage batteries in a commercial building, alongside partners Eaton, The Mobility House, Nissan and BAM. pv magazine attended the event and spoke to those involved. Below is the first in a series of three interviews with the partners, looking at their involvement in the project, and what their future plans are.

The German PV home storage provider delivered around 1,500 solar batteries globally last month. At around 75%, most systems went to Germany, Austria and Switzerland.

The project connects four to six households, and lets dwellers pre-purchase daily access to electricity using a mobile app. A successful trial phase has just been finished and the executing association, Nanoé Développement has set new goals to reach in the near future.

The research team used real-world energy consumption data from 4,190 Swiss households to analyze how different cost scenarios may influence optimal photovoltaic-battery (PVB) system deployment.

DNV GL, Deakin University, the CSIRO, and the Smart Energy Council have come together to collaborate on a two-year project to develop a new performance standard for distributed energy storage systems. The work behind the proposed Australian Battery Performance Standard is being funded $1.9 million from ARENA and the Victoria state government.

The Chinese battery manufacturer has said it will establish a fab in Germany’s Thüringen with an annual capacity of 14 GWh. The battery cells will be primarily produced for the electric vehicle (EV) industry. Up to 600 jobs are expected to be created. In related news, BMW has entered a €4 billion long-term partnership with CATL.

InnoEnergy has launched its energy management platforms with local partners in Sweden. The platform would help integrate renewable energy resources through battery storage management algorithms. An expansion into other markets is planned already.

EU member states have reached a consensus regarding the prohibition of discriminatory taxes for self-produced energy, in negotiations on the renewable energy directive. The indiscriminate regulation covers systems of up to 30 kW capacity. Furthermore, double taxation through the additional charges on energy storage is to be avoided.