Energy Storage

In December, pv magazine met SolaX Power president Li Xinfu and his team at the company’s headquarters in sprawling Hangzhou, in Zhejiang province. The region is a hotspot for the Chinese PV industry and SolaX belongs to the cutting edge of Chinese inverter and residential battery manufacturers.

Aiming to localize production across the electric vehicle value chain, the government wants to support battery manufacturing at a gigawatt-scale. The initial focus will be on large-scale module and pack assembly plants in the new fiscal year, followed by integrated cell manufacturing by 2021-22.

The electric carmaker has signed 12-month credit agreements with three of China’s ‘Big Four’ lenders as well as the development bank for Shanghai as it aims to get its lower-priced Model 3s rolling off the production line by the end of the year.

Insurance is seldom sexy but climate change campaigners will raise a glass to Munich Re if the industry emulates its policy to cap the financial risk related to battery warranties and helps lift global investment in energy storage as a result.

In the run-up to the Energy Storage Europe conference pv magazine is featuring the top ten developments in the field as our Energy Storage Highlights, selected by an independent jury. Having recently covered a full range of storage products for residential, commercial and utility-scale applications, today we are finally going to announce the winner of the ranking.

Western Australia’s state-owned utility Horizon Power is preparing to roll out 13 solar and battery technology units at 14 far-flung farms in the Esperance region.

Though we’re unlikely to see a return to the days of double-figure GW annual installation levels, Japan will stay at the top table of solar. Last week, pv magazine visited PV Expo Japan, part of Tokyo’s World Smart Energy Week, and found plenty of market developments to discuss, along with healthy interest from major players.

The Northwest Territories of Canada are going to host a solar-plus-storage project that will be the first of its kind in the region. The facility will power three businesses and 32 residential units in Inuvik and Iqaluit.

In the run-up to the Energy Storage Europe conference, pv magazine is featuring the top ten developments in the field as our Energy Storage Highlights, selected by an independent jury. In recent weeks we have covered self-sufficient homes, retro ceramic storage technologies, open source software for storage systems, thermoelectric energy storage and island grids in the Maldives. Now, we have nearly made it to the top of our leaderboard.

The virtual facility is monitoring approximately 1 GW of combined wind, solar, storage and flexible gas engines in the U.K. and its capacity may double in the summer. The energy managed by the plant is being sold on the British energy market.