Battery storage funding climbs in 2018
Mercom Capital’s latest report shows both VC and public market funding for battery storage growing year-over-year.
Sungevity rebounds with two Hawaiian grid edge providers
The residential solar company’s move in one of America’s most complicated solar markets may be a key to getting ready for a more complex future.
Report shows Tesla’s battery gigafactory booming
The report found over 3,200 employees working at the factory at the end of 2017, and $3.7 billion in invested in the plant.
Battery materials market to grow 9% through 2022
A report by Technavio suggests the global market for battery materials could grow 9% annually for the next four years. Analysts point to the increasing installation of storage systems with PV as a key driver. pv magazine has covered previous reports predicting significant growth in PV and storage systems.
9 out of 10 doctors recommend residential solar+storage
GTM Research projects that residential batteries and other energy storage systems will be coupled with solar in 9 of 10 storage deployments by 2023. Additionally, the firm projects that residential solar power costs will fall below $2/W by this date.
APS seeks 106 MW of batteries to pair with large-scale solar
The Arizona utility has issued a request for proposals (RFP) for battery projects to allow its utility-scale solar fleet to meet evening demand, as part of a plan to add up to 500 MW of storage over the next 15 years.
Batteries, inverters, solar cells safe from Section 301 tariffs
The list of Chinese products that the Trump Administration is considering for duties under Section 301 spares inverters, solar cells and modules, as well as the lithium-ion batteries used in EVs and battery storage to accompany PV.
Global storage growth of 4.6% in 2017 reflects patchy state of sector
Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
S&C Electric switches gears in the energy storage, microgrid space
The company will no longer make its Pure Wave inverters for battery storage, but instead is doubling down on its medium voltage switchgear and other offerings for microgrids.
Tesla shows interest in Chilean lithium
The head of the Chilean Economic Development Agency (Corfo), Eduardo Bitran said that Tesla may partner with local lithium manufacturer SQM in the construction of a factory. The Chilean government and SQM have recently settled a dispute that began in 2014.
