The electronics giant plans to sell solar power to residents at lower prices than utilities. Toshiba will initially install 3 MW serving 750 apartments with the aim of increasing capacity to more than 100 MW by 2016.
The company’s DemandLogic smart energy storage system has been designed to use stored energy during peak demand hours, while also providing backup during grid outages.
Attendees at the 14th Forum Solarpraxis in Berlin have called for the role of renewables installations in stabilizing the electricity grid to be recognized. Grid representatives acknowledge possibilities but lament the lack of a political framework.
The Japanese Ministry of Economy, Trade and Industry (METI) has announced the companies that will introduce large-scale storage batteries into electricity grid substations.
Global installations of residential PV storage systems will grow to 2.5 GW by 2017, according to a new report by research group IHS, which finds that Germany’s energy storage subsidy has kickstarted the surge.
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