Report: Lithium ion batteries dominate emerging grid storage market
A new report from Lux Research has found that lithium ion (Li-ion) battery technology is set to dominate the emerging grid-tied storage market. The report finds that 90% of proposed grid storage projects in 2014 are set to be supplied by Li-ion technology.
SunEdison acquires Solar Grid Storage
The Pennsylvania-based energy storage and PV company brings its projects, pipeline and personnel to SunEdison, allowing it to now offer battery storage solutions to complement solar and wind projects worldwide.
Breakout year for non-hydro energy storage in U.S., finds GTM report
While pumped-hydroelectric energy storage continues to dominate the U.S. storage landscape, with 22 GW of total installed capacity, installations of non-hydro alternatives such as chemical battery systems are growing fast.
EU poised to hit RE target thanks to solar and wind, EEA reports
The expansion of solar and wind power across the European Union brings cheer, doubts raised over biofuels and biomass.
Battery storage start-up Alevo plans 200 MW project in US
Swiss energy storage start-up Alevo Group today announced a partnership with Customized Energy Solutions (CES) to deploy 200 MW of its lithium-ion-based battery systems in an undisclosed wholesale energy market in the United States.
Tesla gears up for charge into home battery storage market
Tesla Motors, the electric vehicle company throwing down a major challenge to the global motor industry, says it is now looking to become a front-runner in energy storage in a major new challenge to the traditional electric utility business model.
Younicos forms new business units to capitalize on growing storage market
The Berlin-based energy storage company announces creation of three new business divisions and experienced senior management team as it eyes global opportunities within the sector.
Investments in 'grid-edge' companies climb to $1.3 billion in 2014
According to GTM Research, investments in the field last year surpassed 2012 and 2013 but remained below the $1.4 billion the sector raised in 2011.
DNV GL to provide grid storage testing to ARPA-E
Renewable energy and sustainability advisory DNV GL has signed a four-year deal to supply performance testing for U.S. government agency ARPA-E. The testing will validate the performance, reliability and safety of grid-tied storage technologies for which Advanced Research Projects Agency-Energy (ARPA-E) is providing funding.
Japan's METI to roll out energy efficiency and storage subsidy
Distributed battery installations are set to receive a boost in Japan, with the country’s Ministry of Economy, Trade and Industry set to roll out a $779 million incentive scheme. The scheme will also target energy efficient technologies.
