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Energy Storage

Germany: Altmaier still for storage incentives

Germany’s Federal Environment Minister is still advocating PV storage incentives from May onwards. However the funding issue remains unresolved. Peter Altmaier also mentioned at the Energy Storage conference in Düsseldorf that he expects more than 4 GW of PV development in Germany this year.

Utility-scale battery storage to top 25 GW in Asia Pacific in 2022

The utility-scale advanced battery market in the Asia Pacific region will amount to 25.1 GW of storage and be worth US$12 billion in 2022, according to a report by Pike Research.

Planned German storage incentive criticized

The Energy Storage conference in Düsseldorf, Germany, began with more than 500 visitors. Project examples show the conditions under which storage systems pay off and make sense.

EU energy infrastructure budget halved by austerity drive

Documentation relating to the new EU energy infrastructure guidelines has laid bare just how savagely austerity-driven leaders cut the funds available to upgrade grids to harness renewables.

Inverter buyer survey: Storage seen as key

An inverter buyers survey conducted by IHS Inc. revealed that there is a growing need for energy storage in PV systems. More than 400 global PV inverter customers responded to the survey, of which a third expect to be using energy storage in over 40% of the PV systems they install by 2015.

EPIA: Self-consumption can drive PV storage

The European PV Industry Association (EPIA) has endorsed the recent European Commission (EC) working paper on PV storage and says more must be done to encourage storage systems at a consumer, as well as distribution, level.

Germany’s PV storage program on hold

Germany’s support program for photovoltaic battery storage systems is currently on hold, due to lost revenues from emissions trading. The framework for the program had already largely been agreed upon by the Federal Environment Ministry and KfW state bank.

Germany: PV storage subsidies expected in May

The new subsidies for battery storage systems will apply retroactively to all photovoltaic systems installed this year and have a maximum capacity of 30 kW. The German Environment Ministry and KfW state bank have not made any official announcements, however, the program is expected to be introduced in the coming week.

Power-One and Panasonic unveil energy storage collaboration

U.S.-based Power-One, Inc. and Japan’s Panasonic Corporation have announced that they will work together on the development of energy storage systems and the large-scale utility and commercial photovoltaic inverter business.

Global smart grid investment to double by 2018

Global smart grid investment grew 7% in 2012 to US$13.9 billion, according to figures from Bloomberg New Energy Finance.

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