U.S. aqueous hybrid ion battery developer and supplier Aquion Energy has entered into a supply deal with the residential community Bakken Hale, to supply a 1 MWh battery system. The battery installation will be coupled with a PV array to supply the community with 24/7 solar electricity.
The Californian Independent System Operator (CASIO) is addressing the famous load duck and attempting to “let the duck fly.”
Last week GTM Research released its latest solar-plus-storage market report. Ravi Manghani, senior analyst energy storage at GTM Research spoke to pv magazine about the emerging storage market in the commercial sector both for peak shaving and backup power.
Prices for solar power storage systems have fallen by 25% since spring. The German solar industry expects continued growth in demand for storage systems.
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.
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 research from Lux Research.
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 report, which advises that utilities will have to fundamentally transform their business models.
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 or edge-of-grid solar+storage affordability.
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