The astonishing growth of the renewable energy sector shows little sign of slowing, as costs continue to plummet, along with the cost of energy storage, to remove many of the barriers to using intermittent renewable generating sources in a range of applications. Much of this is down to the fact that the cost of battery energy storage is one third lower than this time last year. … [Read more...]
Competitive battery storage: InnoEnergy doubles prize to accelerate start-ups entry to market
Utilities and other investors are putting more funds than ever into a battery storage market worth an estimated $250 billion. Right on cue, European clean energy innovation engine InnoEnergy announced a global call for storage entrepreneurs. Their âŹ100,000 first prize meant applications from a diverse range of start-ups flooded in. But which of these should be fast-tracked into this competitive market? At a special event which highlighted a … [Read more...]
