battery

Elon Musk Harpooned Baseload Power

With batteries like the Hornsdale Power Reserve, power from solar and wind power will be more valuable, because with battery backup their power can be used to supply an increasing share of baseload power. And that increase in value, which might not necessarily be reflected by an increase in price, makes their power all the more attractive.

Million-Dollar Investment Gives Australia’s Battery Storage A Big Boost

Australia’s battery storage industry has received a big boost after Sunverge Energy’s world leading technology received an investment of USD$36.5 million. Sunverge Energy, a global leader in intelligent storage and distributed energy resource management, closed a USD$36.5 million Series C round of financing from new investor AGL Energy Ltd, Australia’s … [continued]