Sweden plans 60% subsidy for residential batteries
Sweden has announced a government subsidy that will cover 60% of the cost for installing a residential energy storage system, up to a maximum of 50,000 kroner (US$5,400). Battery, wiring, management systems and installation will all be eligible for payment under the subsidy.
Solar plus storage systems being installed in 25 villages in Mali
Energy transition start-up Africa Green Tec has entered into a cooperation agreement with German energy storage systems manufacturer Tesvolt to deliver its lithium batteries alongside 50 solar containers, with a total capacity of 3 MWh, to 25 Malian villages.
Leclanché and Narada Power enter strategic partnership
The two energy storage solution companies have signed an agreement to enter into a strategic alliance, which will see Leclanché share its battery storage technologies with Zhejiang Narada Power Source, which will allow the two companies to manufacture the storage solutions at scale in China.
Battery use to drive 4.5 GW global surge in storage inverters, finds IHS Markit
Growth in grid-connected energy storage represents a global opportunity for suppliers of energy storage inverter and power conversion system suppliers. Wider adoption will accelerate cost reduction, finds IHS Markit.
Ideal Power takes first step into German energy storage market
The U.S. power electronics company has secured its first order in German for its power conversion systems for energy storage, after giving a demonstration in a bid to enter the burgeoning German energy storage market.
Chile: Acciona inaugurates the 246 MW El Romero Solar plant
The largest PV plant in Latin America began commercial operation last week after a 13-month construction period.
Survey finds that UK energy storage market suffering due to lack of awareness
A study conducted by German market researcher EuPD Research found that a shocking number of British PV customers and prospective customers are unaware that energy storage solutions are available to go alongside PV arrays, which is damaging the market and causing an adoption slow-down.
UK power regulator opens dialogue on smarter energy system
Ofgem and the UK Government have announced a call for views on how a smarter and more flexible energy system could create better value for the country’s energy customers. Ofgem estimates that smarter energy use could benefit both consumers and the industry to the tune of £8 billion a year.
SMA and LG Chem unveil battery inverter solution
German inverter specialist and South Korean electrical giant have collaborated on new residential storage solution comprising Sunny Boy inverter and LG’s new RESU 10H and 7H batteries.
MLPE suppliers embracing vertical integration to shift more units, says IHS Markit
Solar microinverters and power optimizer suppliers are embracing off-the-shelf integrated solar AC and smart modules as landscape for the MLPE sector evolves and grows, finds IHS Markit analysis.
