Teslas Musk confirms Powerwall 2.0 is on the way
Elon Musk has confirmed Tesla will bring out a new version of its Powerwall home energy storage battery system this summer. While “step changes” can be expected, he declined to elaborate on the new product.
Sonnen announces partnerships for a more full energy storage offering
Concurrent with the opening of the companys new U.S. headquarters in Los Angeles, battery storage integrator Sonnen has partnered with PetersenDean, SolarWorld and Spruce Finance.
Solar-plus-storage to become $8bn market by 2026, says Lux Research
Addition of storage to the solar landscape seen as key to overcoming intermittency limitations and supporting continued price reductions of PV, report finds. DG market could reach 25 GW by 2026.
UK planning for 1 GW of storage by 2020
Large-scale storage systems in the U.K. are already competitive under certain circumstances, while small-scale decentralized energy installations with storage on site can be competitive around 2017, according to a new KPMG report. British energy storage stakeholders are changing the frame of their policy arguments, demanding from the government fair regulations.
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.
