Sunverge picks up $36.5m investment, ARENA participates as backer
The California-based distributed energy storage developer has secured Series C funding from the Australian Renewable Energy Agency and four other public and private investors.
London: Europe’s next wave of solar needs to be smart
Solar power is at the forefront of a smarter energy sector, but to enable a new wave of PV installations in Europe, solar needs new regulatory frameworks that value flexibility, says the Smart Energy UK and Europe conference in London.
The pv magazine weekly news digest
The solar big guns were out in force this week as changes to the U.S. net metering landscape rolled into Nevada. Elsewhere, China proved its PV prowess, Japan saw a shakeup and Germany confirmed its relative demise.
Total secures stake in Off Grid Electric and Powerhive
The French energy giant leverages its $150 million Total Energy Ventures fund to secure stakes of no more than 15% in the two off-grid and microgrid startups.
Solar-plus-storage to become $8bn market by 2026, says Lux Research
Addition of storage to the solar landscape seen as key to overcoming intermittency limitations and supporting continued price reductions of PV, report finds. DG market could reach 25 GW by 2026.
UK awards £40 million in funding to boost EVs
The U.K. government has awarded £40 million to four British cities to support the spread of electrical and low-emission vehicles. Supported projects include car-charging street lighting and zones offering free parking and traffic priority to plug-in and low-emission cars. The initiative is seen as another step towards the smart energy revolution.
UK planning for 1 GW of storage by 2020
Large-scale storage systems in the U.K. are already competitive under certain circumstances, while small-scale decentralized energy installations with storage on site can be competitive around 2017, according to a new KPMG report. British energy storage stakeholders are changing the frame of their policy arguments, demanding from the government fair regulations.
ViZn Energy Systems wins flow battery system contract from INL
Idaho National Laboratory, part of the U.S. Energy Department’s national laboratory network, will use the battery system for research and development.
WFES: Off Grid Electric and BYD big winners at Zayed Future Energy Prize awards
Opening ceremony for the World Future Energy Summit outlines renewable energy challenges and announces winners of Zayed Future Energy Prize.
Australia: Storage provider advocates energy independence over going offgrid
Major West Australian solar and storage provider Infinite Energy pushes customers towards energy independence as battery storage moves into the market. With solar feed-in not provided to many commercial customers, anticipates steep demand for Tesla PowerPack.
