The Australian Renewable Energy Agency (ARENA) is providing $450,000 (US$346,000) towards the Decentralized Energy Exchange (deX) project, which aims to produce an open-source software platform on which grid services can be provided and monetized by distributed battery storage. A combination of Australian utilities, research bodies, and startups are collaborating on the $930,200 ($715,000) deX project.
The Swiss vertically integrated storage solutions company reports 2016 annual revenues of $27.6 million and 2017 order backlog of 85 MWh of new utility-scale storage projects.
Two Queensland workplace regulators are recommending that all battery storage units not be placed in either the home or the garage, and should instead be installed in a free standing, weatherproof enclosures.
Lithium-ion battery storage devices – including Tesla Powerwalls and other products – may be banned from being installed inside homes and garages in Australia under new guidelines being drafted by Standards Australia.
A new report from Clean Horizon points to several major developments in the French energy market, which point to the nation becoming Europe’s next big market for storage.
Through no fault of its own, the energy-storage manufacturer revealed on its most recent earnings call that the continuing SunEdison fiasco cost it $500 million in revenue in 2016 – but it lived to tell the tale.
The latest report by Mercom Capital shows that while debt and public market financing for battery storage companies declined in 2016, that battery storage project funds raised $820 million during the year.
The U.S. power group and the Japanese industrial giant will jointly supply a 10 MW Advancion energy storage bank to help integrate renewables such as solar into a grid network operated by Tata Power Delhi Distribution (Tata Power-DDL) in New Delhi.