March 11th, 2016
This week’s TOP 5 includes the commissioning of Mitsubishi’s 300MWh project in Japan,  the record growth of the US energy storage market in 2015, the announcement of a 1MWh project in India,  a collaboration between BYD and GoodWe power to provide fully functioning residential storage systems, and the launch of a study aiming at investigating the potential for storage in India.

Foreword: Join Michael Salomon at IRENA’s webinar on Financing Energy Storage in Small island Developing States on Friday, March 18th, from 3 to 4pm (CET). Click here to register

Top 5

  1. « Mitsubishi announced the delivery of the world’s largest energy-storage system—50 MW output and 300 MWh rated capacity supplied by NGK insulators—to Kyushu Electric Power Co. on March 3. The system is part of a pilot project to balance supply and demand via high-capacity energy-storage systems.»
  1. « The US energy storage market grew a phenomenal 243% in 2015, the largest year on record, according to new figures published by GTM Research.»
  1. « The Solar Energy Corporation of India (SECI) has invited expressions of interest for what may be India’s first utility-scale energy storage project to be combined with a solar and wind hybrid project. The tender is for  2MW of grid-connected solar and a 0.5MW wind hybrid project with 1MWh of energy storage.»
  1. BYD and GoodWe Power SupplyTechnology announced the full compatibility of BYD’s Storage System with GoodWe’s inverters to provide households with home energy storage.
  1.  GE Energy Consulting will investigate the potential for integrating solar, wind and energy storage in India under a new US-backed study, which will help India design its future grid.

Best Regards