Study Shows Strong Growth for Behind the Meter Energy Storage
Storage equipment market is expected to hit $4.6 billion and 3.9 GW in annual new deployments by 2023.
‘Staying alive’: How solar-plus-storage, VPPs and new building standards can drive UK solar
Solar-plus-storage installs and virtual power plant roll-outs are providing a route to market for installers even in the absence of feed-in tariffs.That is the verdict of ex-Tesla and Trina Solar stalwart Ben Hill, who has recently joined virtual power plant (VPP) specialist Solo Energy as commercial and technical advisor to assist in the company’s VPP
Battery material shortage pushes developers to shift li-ion chemistries
Recent changes in the economics of the energy storage are causing a shift in the market for lithium-ion batteries, which could accentuate China’s position in the global energy storage market.Surging demand has led to a shortage of nickel manganese cobalt (NMC) batteries, giving lithium iron phosphate (LFP) batteries a chance to gain market share.
Residential overtakes quarterly utility deployment in US for the first time
The US deployed 42% megawatts more energy storage in the second quarter of this year than in the first, with residential installations overtaking utility deployments for the first time.The latest edition of ‘US Energy storage monitor’, a quarterly report produced by Wood Mackenzie Power & Renewables (formerly known as GTM Research), also found that the
Electric Cars Drive Us To A Solar Future
The Rise of Electric Cars When I ordered my first electric car, a Renault ZOE, in May 2012 it seemed like a step into the great unknown. I started the My Renault ZOE website that summer so owners and enthusiasts could give each other support. Most people back then didn’t
Residential Energy Storage Surging, No Longer Just a ‘Cool Toy’
Demand for residential energy-storage is surging in the U.S., with more capacity installed in the second quarter than in all of 2017.Consumers installed home batteries with 57.5 megawatt-hours of storage capacity last quarter, according to a report Wednesday from the Energy Storage Association and Wood Mackenzie Power & Renewables. That’s more than the 39.8 megawatt-hours
As Storms Bear Down, More Homeowners Look to Batteries – Not Generators – for Backup Power
Homeowners across the U.S. are buying batteries to store excess solar energy faster than factories can make them.
Retrofitting batteries on existing PV systems
The ending of the UK government’s main renewable energy support scheme in April 2019 might, in most circumstances, be expected to provide a serious blow to the UK’s renewable energy hopes. Except that it could also be just what is needed to provide battery storage systems with the necessary boost to its own hitherto flagging
Germany reaches 100K home battery storage installations
A household just outside Berlin has become the recipient of the 100,000th grid-connected residential battery energy storage system in Germany.Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, Thomas Bareiß attended an official event to mark the system’s commissioning in Eichwalde. Bareiß hailed the event as an “important milestone” that Germany has
Home Battery System Prices Set to Rise
The last few years have been good for systems based around Lithium-Ion batteries, particularly electric cars and home battery systems like the PowerBanx, with prices falling consistently year-on-year as demand and supply have risen. However, it looks like that is about to change, at least in the UK.