Against a background of significant global growth, which is largely playing out outside Europe, the inverter manufacturer is paying increased attention to this shift in the PV markets and refining its focus.
"Based on our due diligence and market research, the Technology represents a paradigm shift which generates substantial improvements in energy storage at all levels, from simplifying mass production and reducing costs, while being safer and more environmentally friendly," stated Maurizio Cunningham-Brown, CEO of Ultimate.
Chris Martin for Bloomberg Politics: Energy storage would gain access to the same tax incentives that helped make renewable energy the biggest new source of electricity in the U.S. last year under a bill introduced in the Senate. Batteries like the lithium-ion ones in phones and electric vehicles would be eligible for the tax incentives when connected to the utility grid at homes and businesses under a bill introduced Tuesday by Democratic Senator Martin Heinrich from New Mexico. The bill has eight co-sponsors including Dean Heller, a Nevada Republican, according to a statement. Other energy storage technologies such as pumped hydroelectric power, flywheels and compressed air would also have access to the tax credits, modeled after incentives for the solar industry, which reimburse as much as 30 percent of installation costs. Cont'd...
In its latest report, The Economics of Commercial Energy Storage in the U.S., GTM Research analyzed rate structures across 51 utilities to determine the opportunity for demand charge management for commercial energy storage customers. According to the report, commercial energy storage economics are attractive today in seven U.S. states, and that number is expected to grow to 19 states by 2021.
Study published day before 6x-oversubscribed National Grid storage-focused tender closes Recommendations in 'Cracking the Code' paper would help deliver £2.4bn of savings
ESS Scalable to six units totaling 40.44kWh of Energy Storage
The combined use of solar and storage technologies could lead to 27,000 new jobs by 2021, according to a new discussion paper released by The Solar Foundation
Intersolar - HDPV Alliance Expands With Six New Members To Focus On Lowering The Cost Of Solar Energy
Leading Global Companies Join HDPV to Improve System ROI using DC Power Optimizers
The power electronics firm offers its new converter as an OEM solution for builders of "smart battery" solutions.
The partnership includes software integration of Adara's residential and small commercial energy storage systems with SUS's Smart Customer Mobile, a customer engagement and big data analytics platform. The integration provides visibility of solar generation and energy storage data in the same user interface that a building or homeowner utilizes for smart thermostats, utility billing, EV charging and IoT devices.
Global Annual Deployments of Residential Energy Storage Systems Are Expected to Increase from 94.9 MW in 2016 to 3,773.3 MW in 2025, According to Navigant Research
Leading markets - Australia, Germany, Japan, and the U.S. - expected to account for more than 80 percent of the global market for residential energy storage in 2016, report finds
Industry leader in renewable energy expands its portfolio to give installers true "system edge" with their customers
Since its establishment in 2008, Intersolar North America has become the most attended solar event and the premier networking platform for the North American solar industry. AltEnergyMag.com's special coverage report brings all the important headlines from this years event. Visit the Intersolar North America website. Click here for AltEnergyMag.com's Special Intersolar Newspage
Intersolar - OutBack Power and HiQ Solar Begin Joint Sales Activity as Part of New Partnership in Commercial Markets and Applications
Alignment between Silicon Valley solar manufacturer and leader in off-grid, hybrid and energy storage systems provides assurance, bankability needed for commercial solar projects
Obama energy advisor Ali Zaidi speaks at most-attended industry event in U.S.; exhibition hall showcases the latest innovations from more than 500 solar and energy storage industry leaders
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