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Energy Storage

Report: Energy storage market expected to rise to $50 billion in 2020

The automotive market is displacing consumer electronics as the biggest user of energy storage, which will lead to further scale and cost reductions, according to Lux Research.

Sonnenbatterie expands distribution in Europe

The German smart storage company has opened up its latest distribution outlet in Slovakia — its fifth foreign market — as demand for energy storage systems in Europe continues to rise.

DNV GL launches GRIDSTOR project

The open-source, recommended practice project from DNV GL will address the needs for a comprehensive energy storage framework, focusing on system safety, operation and performance.

ASD unveils new hybrid battery

Combining the strengths of existing technologies, the storage system offers the advantages of stand-alone and grid-tie use.

meeco expands Maldives PV project

The Swiss company is partnering with Villa Group on a PV project cluster that total of five PV installations throughout the island nation.

Micro-grid market to soar after 2015, says Frost & Sullivan

Driven by growing renewable energy demand in numerous regions, the market for micro-grid installations will grow rapidly between 2015 and 2020.

NEC snaps up grid-scale battery business

The Japanese company has purchased A123 Energy Solutions from China’s Wanxiang Group for a reported $100 million.

California calls for large-scale energy storage

The Energy Storage trade fair in Düsseldorf begins with a rousing call from California for more energy storage solutions.

SMA and E.ON develop world's first modular large-scale battery

The 5 MW M5BAT storage system is located in Aachen, Germany, and has been backed by a €6.5 million grant from the German government’s Energy Storage Funding Initiative.

Italian energy storage market set to explode

Energy storage could be a very attractive prospect for users of photovoltaic energy, particularly in markets where electricity retail costs are high.

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