Sunrun to deploy LG Chem batteries in the US market
Sunrun will offer LG Chem RESU batteries for the U.S. residential market through its BrightBox offering and subsidiary AEE Solar
Venture capital funding in batteries and smart grids declines sharply in Q3: Mercom report
Latest Mercom Capital report finds that just $102 million in VC funding for smart grid, battery storage and efficiency sectors was raised in Q3, down from $433 million in Q2. Project funds for residential and commercial storage soars, however.
IEA ups renewable forecast 13%, hails "impressive progress" of PV manufacturers
The International Energy Agency (IEA) has increased its mid-term renewable forecast by 13%. Largely on the back of key policy developments in the U.S., India, China and Mexico, the agency has pointed to wind and solar PVs central role as increasingly “affordable solutions” in the fight against climate change and air pollution.
50 MW of solar plus storage planned for Andaman & Nicobar Islands
The picturesque Indian islands will welcome the 50 MW of solar projects to help them become energy sufficient, but also for the “greening” of the islands, which are eventually expected to welcome 100 MW of PV.
Tesla strengthens Panasonic solar bond with cell and module collaboration
The two firms have signed a non-binding letter of intent to collaborate on the production of solar modules and cells at Tesla’s Buffalo facility. Deal rests on completion of Tesla’s SolarCity acquisition.
Sonnen receives a further USD 85 investment
The German company announced that it has secured USD 85 million in growth capital, some of which came from two new partners, which will help the company consolidate its healthy position further in the booming energy storage market.
ARENA backs world-leading solar plus wind plus storage project in Queensland
A world-leading project that will combine solar PV, wind energy and battery storage, and which could ultimately be one of the biggest power stations in Queensland, has received financial support from the Australian Renewable Energy Agency.
ECCC report: Energy storage can be revolutionary for the UK
The Energy and Climate Change Select Committee (ECCC) will release its final report on 15 October, which will highlight the importance of energy storage and demand-side technologies for the future energy transition, and can offer great stimulation to the U.K.’s economy.
Maryland launches review of electric-distribution systems
The Public Service Commission wants to figure out how to integrate distributed-energy resources into the grid in a way that keeps electricity distribution affordable, reliable and sustainable for the citizens of its state.
Utility scale storage project breaks ground in New England
Massachusettss first utility scale storage project got underway this week in the town of Sterling. The battery is being supplied to the Sterling Municipal Light Department (SMLD) by NEC Energy Solutions.
