US DOE: Austin Energy biggest winner under SHINES storage program
Austin Energy has emerged as the biggest winner under the U.S. Department of Energys (DOEs) latest funding round, which has seen US$18 million awarded to six energy storage+solar projects. It will partner with the likes of Tesla, Samsung and SolarEdge to develop solar LCOEs of $0.14/kWh when combined with storage, for example.
Energy storage commercially viable, 900 MW expected in 2016
The energy storage market is shifting from R&D demonstration projects to a commercially viable market, states IHS, Inc. Q4 2015 saw a 45% increase in the global project pipeline, while 900 MW of projects are expected to be installed this year.
Mercom: Battery/storage M&A activity tops $2.4 billion in 2015
Mercom Capital Group has released its figures for battery/storage funding in 2015. While investment in the venture capital, and debt and public market financing sectors both fell, merger and acquisition (M&A) transactions saw a significant increase.
Leclanché selected for 13 MW energy storage project in Canada
Leclanché SA has been selected to supply a 13 MW/53 MWh energy storage system for what has been described as one of the largest Grid Ancillary Services projects in North America. The projects are scheduled to be live this Q4.
ViZn Energy Systems wins flow battery system contract from INL
Idaho National Laboratory, part of the U.S. Energy Department’s national laboratory network, will use the battery system for research and development.
First Tesla Powerwall operational in Australia under Energex solar battery trial
Queensland has seen the first Tesla Powerwall home battery switched on in Australia under Energexs battery storage trial, launched today by State Premier, Annastacia Palaszczuk.
WFES: Off Grid Electric and BYD big winners at Zayed Future Energy Prize awards
Opening ceremony for the World Future Energy Summit outlines renewable energy challenges and announces winners of Zayed Future Energy Prize.
SMA launches Tesla-compatible home storage inverter to capitalize on high demand potential
SMA Solar Technology AG has launched what it says is the first AC-coupled inverter system for high-voltage batteries. It is hoping to tap into a storage application market worth up to EUR1.2 billion. The Sunny Boy Storage will be available from March in first Germany, and then other, key markets.
2015: 57 GW of solar PV installed, clean energy investment hits highest ever levels
BNEF calculates that 57 GW of solar PV was installed last year, marking an increase of around 30% on 2014. Latest figures also show that, despite factors which could have impeded growth, clean energy financing reached US$329.3 billion in 2015. Chinese and U.S. markets led the charge, alongside a host of new markets; European activity, however, decreased.
Australia: Storage provider advocates energy independence over going offgrid
Major West Australian solar and storage provider Infinite Energy pushes customers towards energy independence as battery storage moves into the market. With solar feed-in not provided to many commercial customers, anticipates steep demand for Tesla PowerPack.
