Solar Energy Storage About To Take Off In Germany and California

Visitors to last week’s Intersolar North America conference in San Francisco could not help but notice the presence of a benign invader: energy storage vendors. Half the second-floor exhibition space at the Moscone West convention hall had been rented by energy storage companies. According to Markus Elsaesser, CEO of Intersolar, the number of companies exhibiting energy storage technologies at Intersolar has increased from about a dozen just three years ago to more than 200 this year. The surge in companies entering, or expanding into, the energy storage space is no accident. Bankruptcies, a panel supply glut, and falling feed-in tariff rates have shaken the PV industry. Panel and system manufacturers are looking for ways to grow earnings, and one likely new revenue source is energy storage. According to Elsaesser, the PV industry expects to boost revenue by $10 billion by 2017 globally with storage. “The PV industry needs to look for future profit pools,” Markus Hoehner, founder of theInternational Battery and Energy Storage Alliance(IBESA), said at an Intersolar briefing. “When we look at the PV industry on the global level, most of it was feed-in tariff driven. It was about IRR [internal rate of return], making money out of the PV system. Now, due to the downturn in the feed-in tariff markets, and due to the much lower system cost, we’re talking about saving money.” Homeowners in markets with high retail electricity rates, he said, are looking to shield themselves from rising energy costs with storage. Take the example of Germany. Matthias Vetter ,  a researcher with theFraunhofer Institute for Solar Energy Systems(ISE), who also spoke at the briefing, said that he pays 26 euro cents ($0.34) per kilowatt-hour (kWh) for grid electricity in Germany.

Clenergy sponsors Xiamen University in SD China competition 2013

Clenergy is proud to announce its sponsorship of the Xiamen University's Solar Decathlon (SD) team. Clenergy provides a tailor-made roof mount solution combined with expert technical support for the project.

Fiera Axium Infrastructure completes acquisition of 42 MW solar PV portfolio

The projects, initially developed by Ontario Solar PV Fields Inc., comprise four solar PV facilities with 42 MW of aggregate generation capacity located in Ontario in the townships of Ramore, Hearst, Kapuskasing and Wainwright.

SoftBank & Bloom Energy Form Joint Venture to Provide Clean, Reliable, and Affordable Energy to Japan

Bloom Energy Servers to provide continuous, reliable onsite electricity at predictable prices to office buildings, hospitals, data centers, government agencies and other large commercial enterprises

REC to Separate the Solar and Silicon Business

Launching Two New Pure Play Industry Leaders to Capture Strong Solar Energy Growth

Global Energy Storage Market to 2020

GBI Research's new report, Global Energy Storage Market to 2020

Vestas Announces Wind Analysis Software Compatibility with NRG Systems Fleet Management Tool

Program integration streamlines transition from wind resource measurement to analysis.

AlsoEnergy Rolls Out New Renewable Energy Solutions at Intersolar North America

AlsoEnergy unveiled two new offerings at last week's Intersolar North America 2013

Masdar PV secures loan for 11.7 MW solar photovoltaic park in Germany

Non-recourse project financing for the 11.7 MW PV solar park owned by Masdar PV GmbH

Composites blowing in the wind

The fourth AMI annual global forum on Wind Turbine Blade Manufacture 2013 takes place from 3-5 December 2013 in Dusseldorf

Cost-Effective Residential Solar Monitoring now Available from North America's Commercial Monitoring Leader

"DECK Residential" includes a cellular modem for quick and easy installation—at the lowest price point ever from DECK Monitoring!

Overflow Intersolar Crowd Votes Sungevity's "The Killa Watts" Champion of Solar Battle of the Bands: Round 3

Attendees of the event voted for their favorite band.

Solar SpeedRack®,LLC Announces UL467 Certification of its Proprietary Grounding Systems

SpeedRack™, LLC announced today that the UL467 Standard for Safety Grounding and Bonding Equipment Tenth Edition and CSA C22.2 NO. 41-13 Edition 6 tests on its proprietary grounding system have been completed and certified by Intertek and is now ETL listed.

Capital Expenditure Must Be Reduced In Offshore Wind

The European offshore wind sector installed 277 turbines, with a capacity of 1045MW in the first half of 2013 according to a report by the European Wind Energy Association. However, despite this growth the industry has noticed a slowdown in investments in new projects. This slow down can be attrib

Oil Price to Have Minuscule Impact on Growth of Renewables in Canada

Canada's below-average growth of green power will not be affected by the future price of oil, according to forecasts from the US Department of Energy.

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