RedT has confirmed it has agreed outline terms for a reverse takeover of fellow vanadium redox flow battery firm Avalon, a move which the firm said would create a “leading player” in the energy storage market.
Reductions in costs of solar technology, as well as co-location with increasingly cheaper storage, is set to boost solar growth in the later part of the next decade, said National Grid ESO.
Concerns over the future of energy storage firm redT remain after it admitted that, without additional investment, the vanadium flow machine manufacturer could be forced to cease trading by the end of November.
Merlin Hyman, chief executive of Regen, has been recognised on the Queen’s birthday honours list for his services to the industry.
Eco2Solar has partnered heat battery firm Sunamp to deliver a solar PV-powered domestic heating pilot.
A new research network is being formed to create solutions for ‘urgent’ challenges in energy storage.
Eelpower has continued its purchasing relationship with Anesco, acquiring the recently-completed 20MW Rock Farm battery from the developer – it’s second since November 2017.
Solar capacity is set for a 17-fold increase globally by 2050 owing to falling technology costs, particularly in battery energy storage, and a decline in the levelised cost of electricity (LCOE), according to a new report from Bloomberg New Energy Finance (BNEF).
Chinese manufacturer Growatt has revealed it is building up a base of accredited storage installers in the UK.
Managing director of UK energy storage manufacturer Powerflow, Ian Murray, addresses some FAQs on what consumers should be asking about battery system before buying them for their houses.
Ofgem has made a “game changer” decision for UK energy storage by confirming that solar farms are able to retain accreditation under the Renewables Obligation (RO) when supplying electricity to batteries.
One of the largest rooftop solar installations in the UK is to add a Tesla battery in what is thought to be the first UK project to use a commercial array to charge an energy storage system to avoid grid charges and provide ancillary services.
Mercedes-Benz Energy has begun exporting its home energy storage systems to the UK as part of a wider international push into new markets outside of Germany.
While Brexit looms, bringing uncertainty into the country’s economy and international relationships, the role energy storage will play in a decentralised, low(er) carbon and more flexible energy system at least seems a little more assured than it did before.