China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more
SECI Signs PSA for 750 MW Solar Power and MoU for BESS Facility Updated On Tue, Jul 2nd, 2019 by Saurenergy SECI has announced the signing of two new agreements a PSA and an MoU with two power discoms in Delhi and Rajasthan, respectively. MOU SIGNED WITH BRPL FOR BESS PROJECT OF SECI pic.twitter.com/6pO1XsFQOr — SECI (@SECI_Ltd) July 1, 2019 The Solar Energy Corporation of India (SECI) has announced the signing of two new agreements with […] Read more
Can India Beat China in Li-ion Battery Manufacturing and its Pricing? Updated On Thu, Jun 27th, 2019 by Saurenergy The arrival of Li-ion batteries has been nothing short of a blessing in the world of technology and gadgets. These batteries are more energy dense compared to both Lead acid and Nickel Metal Hydride. That’s why Li-ion cells are widely used in Automotive, Laptops & Cameras, and other Electronics equipment nowadays. India recently started venturing […] Read more
Sungrow Inks Supply Pact with Smart Power for Energy Storage Proj in Germany Updated On Wed, Jun 26th, 2019 by Saurenergy “This project represents a continued commitment for international energy storage partners and customers,” said James Wu. One of the global leading inverter supplier for renewable, Sungrow has inked a supply pact with Smart Power for supply of energy storage systems for a 30MW (i.e. 10MWx3) capacity project in Germany. Germany-based general contractor and developer company, Smart […] Read more
Advances in Storage Disrupting the US Electricity Sector: Report Updated On Wed, Jun 19th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […] Read more
Siemens Gamesa Commissions Heat-Based Energy Storage Project Updated On Fri, Jun 14th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has begun operation of its electric thermal energy storage system, to store large quantities of energy cost-effectively Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). The innovative storage technology makes it possible to store large quantities of energy cost-effectively and thus decouple electricity […] Read more
Greenko Raises $495 Mn in Funding For 2.4 GW of Storage Projects Updated On Fri, Jun 7th, 2019 by Saurenergy Greenko Energy has announced the signing of definitive agreements for a primary equity raising of $495 mn from an affiliate of GIC and ADIA. Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity raising of $495 million (mn) from an affiliate of GIC […] Read more
US Energy Storage Market Records Highest Deployment in a Single Quarter Updated On Thu, Jun 6th, 2019 by Saurenergy Wood Mackenzie expects US energy storage deployments in 2019 will be double those seen in 2018. The United States non-residential storage market had its strongest quarter ever in Q1 2019, according to the new U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the Energy Storage Association (ESA). Q1 2019 was also the second strongest […] Read more
EoI For 500 MW Energy Storage Projects Issued in Madhya Pradesh Updated On Wed, Jun 5th, 2019 by Saurenergy MPPMCL has issued an EoI for the demonstration and selection of technology for providing energy storage services of up to 500 MW and setting up energy storage manufacturing facility in Madhya Pradesh. The Madhya Pradesh Power Management Company (MPPMCL) intends to execute Energy Storage Projects in the state to make optimum use of energy resources […] Read more