Sonnen adds electric cars and rooftop PV to its monthly payment plan
Sonnen presented two new products in the usual hip ambiance of Berlin E-Werk. In addition to home storage and electricity, the company now offers electric cars and PV systems with battery storage on a subscription model in Germany.
Centrica’s local energy market in Cornwall pioneers third-party grid flexibility procurement
With hundreds of homes and businesses having received solar-plus-storage systems and monitoring equipment, an algorithm is managing a market for flexibility and capacity in Cornwall. Homeowners with storage can place bids to sell energy from their systems to the distribution system owner on an intraday basis.
Moixa reaches 100 MWh of virtual power plant capacity in Japan
The company says its network is the largest fleet of batteries under virtual power plant management worldwide.
ABB touts AI-supported industrial energy consumption management tool
A new application for ABB’s ‘Ability’ digital platform enables industrial customers to avoid peak charges without using of battery storage. The Swiss corporation has developed two apps for its energy management software with the help of an artificial intelligence specialist.
Distributed storage market to grow nearly twentyfold by 2028
Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions for now.
Bangladesh nears net metering policy for solar irrigation pumps
Firming up the payment system for solar energy exported back into the grid from PV-powered pumps will offer owners a new revenue stream, eat into a $1 billion annual diesel fuel bill and reduce strain on the grid by up to 1.5 GW daily during the agricultural season.
Solar electricity can retail for $0.027-0.036/KWh as renewables close in on global grid parity
The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.
UK’s Labour announces plans for 22 GW of new solar capacity by 2030
Although PV trails wind and nuclear in terms of its anticipated future footprint, the opposition party’s attempt to outflank left of center rivals on climate change has resulted in one of the world’s most ambitious national roadmaps towards a zero-carbon future.
Fate of green hydrogen depends on ever cheaper renewables – for now
Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 megatons of carbon into the atmosphere every year.
Highview Power to build UK’s first large scale ‘cryogenic’ energy storage facility
The long-duration energy storage provider plans to eventually build a portfolio of 50 MW/250 MWh liquid air systems throughout the United Kingdom.
