easyJet eyes battery-powered short haul flights within decade
The U.K.-based low-cost airline believes it could operate electric flights under two hours in duration within the decade, having partnered with U.S. firm Wright Electric to develop a battery-propelled aircraft.
US grid-tied residential storage surpasses off-grid use, finds GTM report
Until 2017, most residential battery storage systems were installed off-grid – but GTM Research says 2017 is the year that changes – and changes dramatically.
Interview: India’s storage market readies the ground for growth
The executive director of the India Energy Storage Alliance (IESA) Rahul Walawalkar, talks to pv magazine about India’s vast energy storage potential ahead of next week’s World Energy Storage Day.
Lithium-ion batteries below $200/kWh by 2019 will drive rapid storage uptake, finds IHS Markit
The analysts expect cumulative installed base of energy storage to reach 52 GW globally by 2025, up from 4 GW today. Annual revenues for grid-connected storage to reach more than $7bn by that date despite sharp price declines.
VC funding for battery, smart grid and efficiency tech tops $1bn in H1 2017, finds Mercom report
More than $1 billion raised in the first half of 2017 by battery storage, smart grid and energy efficiency companies – up from $807m in H1 2016, finds latest Mercom Capital Group report.
London: New tool predicts cost effectiveness of electrical energy storage
As costs are driven down by the economies of scale and improvements in manufacturing and deployments, new technologies are finding their way to widespread adoption, as seen in the case of solar modules. In order to facilitate the prediction of costs and outcomes for new energy storage technologies, a team of researchers from Imperial College London has developed a tool to help policy makers and investors make informed decisions.
UK to unveil £246m battery investment strategy
Business and energy secretary Greg Clark to announce on Monday focused strategy designed to modernize the U.K.’s energy sector and bring more renewables into the fold via sustained support for storage technology.
UK renewables firm Green Hedge receives £30m storage investment
Private equity fund Zouk Capital has invested the funds into Green Hedge Energy UK to support the development of a series of battery energy storage projects set to take shape over the next 12 months.
Australia: sonnen partners with Natural Solar to roll out sonnenFlat
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.
UK: consortium launched to develop largest community battery project
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.
