Batteries

German storage provider sonnen has partnered with Australia’s self-styled “largest installer of home energy solutions” Natural Solar to introduce its sonnenFlat concept. In a launch event in Sydney tonight, Natural Solar CEO Chris Williams said that in light of recent utility price hikes in some parts of the country, that there is “very strong interest” in the sonnenFlat from households.

Supported by £6 million storage grant, scheme at the Trent Basin housing development in Nottingham will include 2 MWh battery, solar installation and resident opt-in.

The investment firm active in the renewable energy industry has bought the Port of Tyne battery storage project from Renewable Energy Systems in latest addition to its growing clean power portfolio.

The Australia residential storage market is booming on the back of a combination of regulatory changes and market dynamics. However, with upwards of 30,000 systems set to be plugged in this year, the influence of early adopters deploying solar+storage to new installations remains a dominant driving force in the current market.

The China-headquartered developer of batteries has inaugurated its new €400 million factory in the southern Chinese Province of Fujian that will specialize in the production of lithium-based batteries for C&I applications and electric vehicles.

Latest data from market analysts IHS Markit reveals a utility-scale global battery storage pipeline of 3.4 GW – a figure double that of last year and a growth that can trace its roots to rising demand in China and Asia.

Video interview: Holger Ziegler, Senior Consultant at DNV GL, explains at the Energy Storage Europe 2017 why the stabilizing of electricity grids will boost the storage market, and also discusses the future prospects for this business model.

German car maker BMW will provide Vattenfall with 1,000 lithium-ion car batteries. Vattenfall will use the batteries, which are also used for the vehicle BMW i3, for storage projects at wind farms.

The growing demand for affordable electric vehicle batteries is driving cost reductions in lithium-ion battery technology, which is beneficial for affordable stationary storage, finds new Lux Research report.

The Swiss vertically integrated storage solutions company reports 2016 annual revenues of $27.6 million and 2017 order backlog of 85 MWh of new utility-scale storage projects.