Younicos to install 2 MWh storage system at Panasonic US operations hub
The German energy storage company signs agreement with Panasonic and Xcel Energy for installation of four Y.Cube storage-in-a-box solutions for installation at Denver operations hub.
Tesla breaks into the black in Q3 results
The EV and battery maker maintains that its battery gigafactory will be ready to support Model 3 rollout in H2 2017, three weeks before a shareholder vote on the acquisition of SolarCity.
Australia: Network lobby proposes special tariff to keep households on grid
Australia’s main network lobby is proposing a new tariff for stand-alone power systems that it says will encourage more than one million households with large amounts of solar and battery storage to stay connected to the main networks, rather than lead an exodus.
Leclanché ups 2017 revenue guidance to 75% growth
Swiss-headquartered energy storage specialist reveals contract backlog of 85 MWh and ongoing negotiations equating to more than 300 MWh of new storage capacity over coming years.
Sungrow connects 20 MW solar+storage microgrid plant in China
At a combined 20 MW, the microgrid plant in Shuanghu is the largest of its kind in the world, comprising 13 MW of solar PV and 7 MW of energy storage.
Sunrun to deploy LG Chem batteries in the US market
Sunrun will offer LG Chem RESU batteries for the U.S. residential market through its BrightBox offering and subsidiary AEE Solar
Venture capital funding in batteries and smart grids declines sharply in Q3: Mercom report
Latest Mercom Capital report finds that just $102 million in VC funding for smart grid, battery storage and efficiency sectors was raised in Q3, down from $433 million in Q2. Project funds for residential and commercial storage soars, however.
IEA ups renewable forecast 13%, hails "impressive progress" of PV manufacturers
The International Energy Agency (IEA) has increased its mid-term renewable forecast by 13%. Largely on the back of key policy developments in the U.S., India, China and Mexico, the agency has pointed to wind and solar PVs central role as increasingly “affordable solutions” in the fight against climate change and air pollution.
50 MW of solar plus storage planned for Andaman & Nicobar Islands
The picturesque Indian islands will welcome the 50 MW of solar projects to help them become energy sufficient, but also for the “greening” of the islands, which are eventually expected to welcome 100 MW of PV.
Tesla strengthens Panasonic solar bond with cell and module collaboration
The two firms have signed a non-binding letter of intent to collaborate on the production of solar modules and cells at Tesla’s Buffalo facility. Deal rests on completion of Tesla’s SolarCity acquisition.
