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Energy storage

Germany: KfW subsidizes over 10,000 solar battery systems

Demand for solar power storage systems in Germany is continuing to rise, with reports that over 10,000 storage batteries for PV systems have been subsidized since 2013. Q1 2015, meanwhile, has seen a 40% YOY increase in the subsidization of such systems.

Manz records EUR6.4 million Q1 loss, remains positive for 2015

German production equipment supplier Manz AG has recorded a significant loss in Q1 2015. However, the company remains positive for its 2015 outlook with a EUR 92 million ($103.7 million) order backlog and expects revenues between EUR 320 million (US$360.5 million) and EUR 340 million ($383.1 million) for the full year.

SolarCity narrows Q1 loss, beats installation forecast

The solar company installed 153 MW in the first quarter, and increased revenue by 6% to reach $67.5 million.

Storage insiders tepid on Tesla's new battery system

Tesla presented its new battery power-storage system last week in California. The sensational low price of the system does not yet have the competition shaking in their boots; not officially, at least. On the contrary, whether the device can deliver on all that it promises is questionable.

Tesla 'R' Us: more solar firms partner with the Powerwall

Tesla’s breakthrough battery storage offering proves irresistible to leading solar companies keen on bundling the tech with their own service and products.

Tesla's tech breakthrough only half the battle, says Lux Research

New home storage system requires collaboration with power electronic providers, greater cost reduction and attractive finance options to really achieve market penetration, say analysts.

Tesla unveils sleek, low-cost battery solution for home and commercial

Powerwall home battery and Powerpack commercial battery unveiled by Elon Musk last night could prove game changing for domestic and business storage.

Sungevity and Sonnenbatterie strike storage partnership deal

Companies pair up to offer home energy storage to customers in the U.S. and Europe, roll out set to begin in second half of 2015.

Tesla to announce home and utility-scale battery next week

Company sets April 30 date for unveiling, widely believed to be a new home battery and one for utility scale, to be produced at company’s new gigafactory.

Update: SPI buys stake in ZBB ahead of storage deal

As part of a supply agreement valued at between $80 million and $120 million, SPI will integrate ZBB Energy’s advanced energy storage systems in its PV solutions for solar markets around the globe. The Chinese solar developer will also invest $33.4 million in the U.S. company and could end up with a 54% stake in the company.

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