Upgrading an Off-Grid Solar and Battery System: Hitchin, Hertfordshire
We upgraded an off-grid solar/battery system, adding an Andersen charger and a Solar Ramp.
VAT exemption a ‘critical step’ in domestic battery market growth
The recent VAT exemption for domestic battery storage installations is a ‘critical step’ for the industry and is already having a positive impact, solutions provider GivEnergy said. As of 1 February this year, the UK government removed VAT charges for domestic battery energy storage systems (BESS). Enabling installers to offer competitive prices, the Value Added Tax (Installation
Another hot summer increases the urgency for energy storage
Last year was the hottest on record, according to the EU’s Copernicus Climate Change Service (C3S). Not surprisingly, the summer of 2023 was also the hottest, according to global records dating back to 1880. Forecasts suggest this summer is likely to be just as hot or hotter, which means the urgency for energy storage and demand
MCS: Battery storage installations rise by 707% in March
According to the latest statistics from the Microgeneration Certification Scheme (MCS), battery storage installations rose by 707% year-on-year in March 2024, exceeding 1,000 installations for just the second month in the scheme’s history. MCS’ research also outlined that 68% of the total battery storage installations in 2023 were completed in just Q1 2024 alone. Ian
Is it Worthwhile to Buy Home Energy Storage Solutions? Here’s What You Need to Know
As household energy bills continue to rise and grants for renewable technology become available, more homeowners worldwide are opting to power their homes with solar energy. However, you may be wondering if investing in home energy storage solutions is worthwhile and what factors to consider when choosing one. Hello Lower Bills, Goodbye Blackouts and
Energy storage is as important as renewable energy. But how do we store our power then?
SUSTAINABILITY - Renewable power energy storage is as crucial as producing it. We delved into some of the main battery storage technologies. Batteries come in any form, shape, and, most importantly, chemistry. In the puzzle called energy storage systems of the future, they represent an essential piece to fully exploit the potential of renewable power
Batteries are still getting exponentially cheaper, more efficient: ready to displace half of global fossil fuel demand by 2045?
A new report by RMI says batteries are on the path to replace 175 EJ of fossil fuel demand in the power sector, 86 EJ of fossil fuels from road transport and can put at risk another 23 EJ from shipping and aviation. That equates to a phaseout of half of global fossil fuel
Powering Net Zero with Battery Energy Storage Systems
Battery Energy Storage Systems (BESS) are one of the pivotal components in powering Net Zero, one application of BESS is allowing the power generated from renewables such as wind and solar photovoltaic (PV) to be stored until it’s needed. This helps to minimise the amount of renewable energy generated in favourable conditions going to
Home battery storage now costs 20% less for everyone in the UK – here’s why
Home battery storage now costs 20% less for everyone in the UK – here’s why The UK slashed value-added tax (VAT) to zero for folks installing battery storage in their homes from February 1, 2024. UK battery storage cost drops 20% This is a big deal because VAT is 20% in
UK VAT relief on residential batteries comes into effect
Effective Feb. 1, the UK government has exempted retrofitted battery energy storage systems (BESS) from the 20% value added tax (VAT). Residential BESS are now exempt from VAT in the United Kingdom when installed either new or retroactively in conjunction with rooftop solar systems. Previously, VAT relief was only available for domestic BESS if installed together