February 12th, 2016
This week’s TOP 5 includes a large PV plus storage tender in India, AES’ agreements with Mitsubishi and Eaton to sell its Advancion storage technology, a successful round of investment for Sunverge, the installation of the first Tesla Powerwall in the UK and the upcoming launch of Redflow’s “plug and play” residential storage system.
Foreword: We are proud to be supporting the Energy Storage Europe 2016 which will take place from March 15th – 17th in Düsseldorf, Germany. The expo promises to be huge and the conference super exciting – so that is why we are both exhibiting and speaking there and why we negotiated a discount of 20% on the conference tickets for our readers. You can enter the discount code 000003nvt7xk on this page to register.
- The Solar Energy Corporation of India will issue a tender for about 750MW of solar PV. Apparently, every bidder for solar capacity in the park for this tender will have to include a small storage system beside its PV plant, coming to a combined total of 100MW storage capacity. However, exact power and energy ratings requirements remain unknown.
- « AES Corp. signed agreements with Mitsubishi Corp. and Eaton Corp. to market its energy-storage operations outside the Americas. Mitsubishi will offer AES’s Advancion lithium ion storage technology in Asia and Oceania, and Eaton will do the same in Europe, the Middle East and Africa. »
- Sunverge Energy announced a successful $36.5 million Series C round of financing.
- The first UK Tesla Powerwall has been installed at a household in South Wales. The system will be used to increase the share of self-consumed PV generation.
- « Redflow says it expects to launch its “plug and play” home battery storage unit as soon as next month, with the first residential installations set to take place in June. »
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