Storage Posts

India’s first auction for solar and storage combination completed

India’s first auction for solar and storage combination completed

India has held its first auction for a utility-scale PV project combined with an energy storage facility. The local company Mahindra Susten won with their bid of 2.99 billion IDR (46 million USD).

First UK renewable energy storage sites to receive support

First UK renewable energy storage sites to receive support

Anesco is the first company to secure a Renewable Obligation Certificate in the UK for its solar+storage sites. This confirms that renewable energy storage is clearly gaining importance in the country.

High-demand charges: How U.S. businesses could save money through energy storage

High-demand charges: How U.S. businesses could save money through energy storage

Millions of U.S. businesses could save money by storing energy, as this would lower the impact of the very common high demand charges that are often applied for commercial customers. This is the result of a recent study by NREL.

Sinking storage costs may make renewables the winning team

Sinking storage costs may make renewables the winning team

Energy storage costs are sinking, which benefits the success of renewables on the energy market. The University of California and the Technical University in Munich have now conducted a study on the matter, explaining concern that a decrease in research and development funding may impede a possible growth for renewables.

PV installations with storage are now encouraged in Czech Republic

PV installations with storage are now encouraged in Czech Republic

Until end of May, Czech companies can apply for funding if they are planning a PV installation with a storage option. This is meant to increase the available storage capacities, as 5 kw/h of battery storage is required for every kilowatt of PV power.