Tesla

In 2006, the US government decided to encourage renewable energy market growth with financial incentives, for solar, wind, and other renewable energy products. Through their Investment Tax Credits (ITC) policy they provide a 30% tax credit to owners of investments in clean energy projects. Following the rapid development of energy storage technology, in 2013 the […]

Just a year or two ago, LichtBlick, a Hamburg based supplier of environmentally friendly sources of electricity, was seen as a niche player in the energy sector, hardly known to the country’s conventional energy suppliers. Recently, however, representatives from large power groups such as E.On, RWE and EnBW have been flocking the company’s headquarters to […]

A report published by the Australian Renewable Energy Agency last week predicts a “mega-shift” to energy storage adoption, driven by demand. The report expects to see the costs of lithium-ion batteries fall by 60% in less than 5 years, and by 40% for flow batteries, and all this without significant changes in chemistry and technology, […]

Johnson Controls is shifting back toward its roots with its announced move to separate its massive automotive unit and focus instead on smart building controls and energy storage. Management said it is open to an outright sale, spinoff or formation of a joint venture to shed the unit, with a decision expected before year’s end. […]

In the first quarter of 2015, 5.8 megawatts of energy storage systems were installed across the US, 16% higher than the same period in 2014 – according to a report released by GTM Research and Energy Storage Association last week. The US is forecast to deploy a total of 220 megawatts in 2015, more than […]