Sweden has announced a government subsidy that will cover 60% of the cost for installing a residential energy storage system, up to a maximum of 50,000 kroner (US$5,400). Battery, wiring, management systems and installation will all be eligible for payment under the subsidy.
A community-based program to encourage the uptake of solar and battery storage in Australian homes and businesses has been so successful that the promoters believe the battery storage sector may be in the early stages of mass-market uptake.
Energy transition start-up Africa Green Tec has entered into a cooperation agreement with German energy storage systems manufacturer Tesvolt to deliver its lithium batteries alongside 50 solar containers, with a total capacity of 3 MWh, to 25 Malian villages.
The two energy storage solution companies have signed an agreement to enter into a strategic alliance, which will see Leclanché share its battery storage technologies with Zhejiang Narada Power Source, which will allow the two companies to manufacture the storage solutions at scale in China.
Growth in grid-connected energy storage represents a global opportunity for suppliers of energy storage inverter and power conversion system suppliers. Wider adoption will accelerate cost reduction, finds IHS Markit.
The U.S. power electronics company has secured its first order in German for its power conversion systems for energy storage, after giving a demonstration in a bid to enter the burgeoning German energy storage market.
The largest PV plant in Latin America began commercial operation last week after a 13-month construction period.
A study conducted by German market researcher EuPD Research found that a shocking number of British PV customers and prospective customers are unaware that energy storage solutions are available to go alongside PV arrays, which is damaging the market and causing an adoption slow-down.
Solar microinverters and power optimizer suppliers are embracing off-the-shelf integrated solar AC and smart modules as landscape for the MLPE sector evolves and grows, finds IHS Markit analysis.
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