Energy Storage News – SolarEdge Technologies Inc., a provider of PV inverters, power optimizers and module-level monitoring services, and LG Chem Ltd. have announced the compatibility of SolarEdge’s StorEdge solutions and LG Chem’s new high-voltage RESU10H and RESU7H lithium-ion batteries.

“Through this collaboration, SolarEdge is adding LG Chem RESU batteries to our StorEdge solution compatibility in order to extend our offering of cost-effective and integrated energy generation, storage and consumption,” states Lior Handelsman, marketing and product strategy vice president of SolarEdge. “Building on our respective expertise, we hope to lower the cost of solar energy and accelerate the adoption rate of integrated solar energy generation and storage.”

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Juno Beach-based Florida Power & Light Company announced an innovative new energy storage pilot project Thursday in conjunction with a White House summit on scaling renewable energy and storage with smart markets.

Combining energy storage with renewable resources, especially solar panels, has been touted an inevitable combination or as an alternative to the elimination of incentives such as net metering. A new study by MIT finds that storage can make economic sense in today’s market in some instances, but that the opportunity might not last.

The MIT researchers found that as the cost of wind and solar power systems comes down, the cost of storage systems will need to come down as well or they will no longer be profitable because at some point it would be more profitable to simply add more generating capacity rather than more storage capacity.

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While deployment is growing rapidly, at this time energy storage in the United States is a small and nascent market which has not benefitted from any federal programs akin to the Investment Tax Credit (ITC) or the Department of Energy’s SunShot program.


However, today the U.S. government made a move in the direction of supporting energy storage, with federal commitments to procure more energy storage accompanied by commitments from grid operators, power companies and others. 

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U.S. Rep. Mike Honda, a Democrat from Silicon Valley, California, has introduced the Energy Storage for Grid Resilience and Modernization Act, otherwise known as H.R. 5350.

If the bill becomes law, it will provide a tax credit for home and business owners who purchase energy storage systems. The tax credit for both would be 30%, which is the same amount as the renewable energy tax credit. Factories would also be eligible under the proposed law.

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The term disruptor is thrown around a lot these days in a world rapidly facing digitisation and the fight to stay relevant is becoming ever more competitive in energy storage. While technological breakthroughs are always exciting, to paraphrase an old saying, there’s a lot that can go wrong between filling a cup with liquid and putting it to your lips. In the race to commercialise technologies and business models for a mass market still in its infancy, the real disruptors in energy storage aren’t just in the lab, they are making a real difference in houses, commercial buildings and on and off the grid.

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The Duke Smart Home Program is looking forward to a year focused on developing and carrying out a variety of energy storage projects.

The organization—which includes the Home Depot Smart Home, a live-in research laboratory operated by the Pratt School of Engineering—strives to utilize methods of energy storage and solar energy production in a collaborative setting. This year, the Smart Home is working to create an electric bike and a solar bench, explained junior Harvey Shi, vice president of the Smart Home.

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The American energy storage sector kicked off 2016 with a marked increase in corporate investments, according to GTM Research and the Energy Storage Association’s latest U.S. Energy Storage Monitor. First-quarter investments of $79 million marked an increase of more than double compared to the same period last year. Of that money, $20 million came as project financing.

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Energy Storage News – SunPower Corp. and Consolidated Edison Inc. plan to offer rooftop solar panels bundled with batteries to more than 300 New York residential customers, creating a system that will be able to store energy to feed the grid.

The so-called virtual power plant will have about 1.8 MW of generating capacity and 4 MWh of battery storage, the companies said in a statement Monday, the largest residential distributed-energy storage program in the U.S.

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