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Energy Storage

Japan-US smart grid demonstration project announced

Nine Japanese companies have launched a smart grid demonstration project in Albuquerque, New Mexico.

Bahrain unveils 5 MW smart solar project

U.S.-based Petra Solar has entered into an agreement with the National Oil and Gas Authority (NOGA), the Bahrain Petroleum Company (BAPCO) and Caspian Energy Holdings to undertake a five megawatt (MW) smart solar energy project.

China’s BYD targets 5 GW PV module capacity; mass energy storage production

Photovoltaic product, battery and vehicle manufacturer, BYD, has ambitious plans. In addition to reaching five GW of module capacity by 2016 and switching to full automation in a few weeks, it intends to start producing solar energy storage solutions on a mass scale in 2013. It is also planning manufacturing locations outside of China.

Will lack of funding stall US solar market takeoff?

Ever since the 1603 Treasury and Section 1705 loan guarantee programs expired last year, succumbing to what many characterized as premature deaths, renewable energy advocates have been inconsolable. And they haven’t suffered silently. They continue to find ways to remind the U.S. Congress that the solar sector is not receiving the support it needs to build jobs and independence from fossil fuels, or to compete on a global scale.


LG expects mass production of storage battery in 2013

Solar is a small, but strong part of LG’s business states Yun Ju Hwan of LG Electronics, during a visit to the company’s cell and module factory in South Korea. While capacity ramp ups are on hold, the group is planning to launch a solar storage solution and thin film panels in 2013, and manufacture its own polysilicon.

Bosch acquires Conergy inverter subsidiary

Bosch has officially acquired Conergy’s photovoltaic inverter subsidiary, voltwerk electronics GmbH, following approval from the German anti-trust authorities. The purchase price was not disclosed.

US competition seeks new ways of "stockpiling" green energy

The U.S. Department of Energy (DOE), through its sophisticated think tank, the Advanced Research Projects Agency – Energy (ARPA-E), is funding a $30 million research competition that will engage America’s brightest scientists, engineers, and entrepreneurs in improving the capability of energy storage devices, including batteries.

US military sets its sights on solar to sideline fossil fuels

The U.S. Department of Defense (DOD) moved ahead this week with its plans to mete out “more fight for less fuel”. With support from the White House, the Pentagon intends to reduce reliance on fossil fuels by building next-generation combat vehicles, making energy storage safer and more effective, and increasing the deployment of renewable energy across America’s Armed Forces to three gigawatts (GW) by 2025.

Hyundai Heavy moves into storage business

Hyundai Heavy Industries will partner with Magna E-Car Systems under a joint venture, MAHY E-CELL, to co-develop a successful battery cell and battery pack business. Hyundai Heavy aims to couple its new battery direction with its renewable energies division.

Brazil's smart grid market to grow

Northeast Group has released a study, Brazil Smart Grid: Market Forecast 2012-2022, stating that smart grid investments in Brazil are set to reach US$36.6 billion by 2022.

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