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Energy Storage

More PV R&D projects win SunShot funding

With QBotix having secured US$1 million and Stion $2 million from the U.S. Energy Department’s SunShot initiative, a further seven projects to secure support in the current round of funding focus on PV, storage and grid integration.

Strong potential growth for storage, distributed generation and microgrids

IEEE announced today the release of a new report that they commissioned. The report details how energy storage, distributed generation and microgrid technologies stand to evolve given the rapid deployment of the smart grid across the globe over the next five years.

AEG and ITM cooperate on energy storage

AEG Power Solutions has signed an agreement with energy storage and clean fuel company, ITM Power. The companies will cooperate on integrating ITM Power’s electrolyser with AEG PS’s power control electronics.

Germany: Siemens and SWK create smart grid in Wachtendonk

Siemens Infrastructure & Cities and the municipal utility SWK STADTWERKE KREFELD AG (SWK) are working together to transform the existing power grid in a municipality in North Rhine-Westphalia. The project “Wachtendonk is doing its part – Researching the grid” is seen as a testbed to boost smart grid solutions, something essential for Germany’s new energy policy.

Interview: GE Power Conversion on PV inverters, competition and storage

Last September, GE Energy invested US$3.2 billion in acquiring Converteam. In an interview with pv magazine, Stefan Franko, business leader for renewables at GE’s Power Conversion business, talks about photovoltaic inverter technology, global markets and what the GE acquisition has brought to the Converteam table.

China: Pushing for PV consolidation

China’s central government is said to be pushing for photovoltaic consolidation in its domestic industry. This, photovoltaic storage solutions, and balancing cost and quality control were some of the key themes at Solarpraxis’ first PV Module and PV Power Plant Workshop – China 2012.

Asia Pacific energy storage market worth $12 billion in 10 years

A Pike Research report released today predicts that the Asia Pacific energy storage market will be worth $12 billion by 2022, with a capacity of 25 GW.

£20 million incentive for UK energy storage solutions

The U.K. government has made £20 million available to encourage innovation in energy storage systems.

BYD: Plenty of expertise in solar and storage

Earlier this week, pv magazine visited BYD Company Limited in the outskirts of Shanghai to discuss the company’s solar and storage plans with Tom Zhao, general manager of BYD Solar Division.

Solar storage needs stable and sustainable market development

Solar storage solutions are integral to the further development of the photovoltaics industry. However, cowboys “looking to make a quick buck” need not apply, as stable and sustainable market development is required, according to feedback from EuPD Research’s first “Storage & Solar Briefing”.

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