By 2025, 84 Percent of Projects in the Grid-Tied Stationary Battery Energy Storage Market Are Expected to Be Financed by Third Parties or Utilities, According to Navigant Research
To advance in this sector, energy project finance investors need to understand the unique risks associated with battery energy storage systems, report finds
Michael Kanellos for Forbes: The optimism in the energy storage industry is based on soaring demand, rapid technological advances, expanding capacity and, for some, what will likely be a scary competitive environment. First, the good news. Lithium ion battery packs over the last ten years have declined faster than the cost of solar, said John Carrington, CEO of Stem, which makes behind-the-meter storage systems for hotels and other commercial customers looking to shave peak power costs, during a hallway meeting at Finance West sponsored by the American Council of Renewable Energy this week. Solar panels have declined by 50% or more in the last five years. Batteries have declined by 80% in three years, he said. Battery packs hit the under $300 per kilowatt hour mark last December, Carrington added. By 2020, battery pack prices could drop to $190 per kilowatt hour. (In 2007, lithium ion battery packs in the wholesale markets sold for around $1,000 per kilowatt hour.) Cont'd...
Stanley Reed for the NY Times: A new cash crop has sprung up on Nicholas Beatty’s enchanting farm near here. Rows of gray solar panels range over about 25 acres, turning sunlight into electricity, as dog-size muntjac deer hop by. The panels themselves, trouble-free money earners that feed into the electric grid, are no longer unusual on farms in Britain or other countries. What’s new in Mr. Beatty’s field is a hulking 40-foot-long shipping container. Stacked inside, in what look like drawers, are about 200 lithium-ion cells that make up a battery large enough to store a substantial portion of the electricity the solar farm puts out. The battery and its software give Mr. Beatty an advantage over other solar panel farmers. Power prices in Britain and elsewhere rise and fall, sometimes strikingly, during the day and over the year, depending on the supply and demand. Cont'd...
Industry Leaders Deliver Outstanding Expertise and Experience in Maximizing Energy Asset Performance and Profitability
By Dr Lorenzo Grande, Technology Analyst, IDTechEx
String inverter manufacturer Fronius launches a new accessory for their inverters. The Fronius Smart Meter offers a solution for dynamic feed-in management and energy consumption monitoring.
EV batteries still have storage capacity, typically at 80 percent, after they're removed from their vehicles and can be reclaimed for a "second life" as stationary power sources.
Company ZEP first and further ahead than Tesla in developing the solar roof tile
NEC Energy Solutions to Supply Major California Utility With First "Plug-And-Play" Battery Grid Energy Storage Solution
Standardized Energy Storage Systems To Support Distribution Grid Reliability
SolarMax participated with LADWP for a utility-built project using its 5kWh turn-key solution, which features a battery, multi-mode inverter and an automatic transfer switch (ATS) all housed in one self-contained system - along with two dedicated photovoltaic (PV) solar panels. Unlike other offerings on the market, the FLEX system requires no additional components or labor assembly by the customer.
From cars to power grids: Mercedes-Benz energy storages are also suitable for private use to buffer surplus power virtually free of any losses.
Greenspot Selects Jersey City for Curbside Electric Vehicle (EV) Charging Stations and EV Car Sharing Program
Greenspot, a company that develops electric vehicle (EV) charging infrastructure in urban cities and for municipalities, has introduced curbside EV charging stations and EV car sharing in Jersey City, NJ.
"This truly is a game changer for the energy industry," said Ziad Alaywan P.E., President and CEO of ZGlobal Inc. "As one of the largest battery storage systems in the west, it is a key component in the evolution of the electrical grid in the 21st century. It is exciting to see it come to life here in the Imperial Valley, with IID leading the way."
This system is working good in a 4000 sq ft shop & house combo, but could use more storage for peace of mind & will likely upgrade next year.
Tigo, the Flex MLPE pioneer, announced that Tigo's TS4 platform is now available on PVsyst modeling software. Making the TS4 available on the widest distributed modeling software in the World.
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Energy Storage & Grids - Featured Product
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