The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.
The trademark all-in-one product of the Austrian inverter specialist is now compatible with the LG Chem storage solutions.
A report by Technavio suggests the global market for battery materials could grow 9% annually in the next four years. Analysts point to the increasing installation of storage systems with PV as a key driver.
The Vermont Lower Income Trust for Electricity have provided a US$150,000 grant for 100 low-income electricity customers with significant need for reliable backup power due to health and mobility issues.
Australia’s developer CWP Renewables has announced that its plans to add a 200 MW solar+storage project to the 270 MW Sapphire Wind Farm have been approved by the state government.
The driving force behind the innovative energy storage system installed at Amsterdam’s John Cruiff ArenA in the Netherlands, The Mobility House (TMH), talks to pv magazine about the death of the combustion engine, and how electric vehicles (EVs) are presenting both strong business cases, and unparalleled levels of flexibility via decentralized intelligence – blockchain technology – for electricity grids around the world.
South Australia readies to welcome another grid-scale Tesla battery – 25 MW / 52 MWh energy storage system to be installed at the Lake Bonney Wind Farm.
SIMEC Zen Energy, the Australian energy arm of Sanjeev Gupta’s GFG Alliance, has officially launched its landmark US$1 billion (AU$1.38 billion) renewable energy initiative, announcing the details of its first project – the 280 MW Cultana Solar Farm.
Yolk Property Group has partnered with Power Ledger to implement blockchain technology at their Evermore development – powered by solar PV and battery storage technology – allowing residents of the 24 apartments to buy and sell solar power amongst themselves, thus ensuring considerable saving on residents’ electricity bills.
The Western Australia government has signaled scrapping or winding back subsidies for rooftop solar, while looking for ways to boost battery uptake.
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