energy storage

US Energy Storage Market Records Highest Deployment in a Single Quarter

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 […]

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EoI For 500 MW Energy Storage Projects Issued in Madhya Pradesh

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 […]

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MNRE Invites Proposals For Development of Gravity Storage Projects

The specific objective of the proposal is to develop a prototype system integrating renewable energy with gravity storage. The Ministry of New and Renewable Energy (MNRE) has been supporting a research programme on different aspects of renewable energy and energy storage. With an increasing share of renewables, there would be a requirement of Energy Storage […]

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Jakson Launches Lithium Powered Hybrid Energy Storage System

Jakson today announced the launch of a compact Hybrid Energy Storage System (HESS) for residential and commercial users to harness the benefits of solar energy more effectively and efficiently. The launch event was held in Chandigarh and attended by senior industry professionals and members of Jakson Senior Leadership team. Jakson HESS is a new age […]

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WB Announces Energy Partnership to Support Energy Storage in Developing Countries

The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […]

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Residential Storage Market Project to Reach $17.5 Bn by 2024

A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […]

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MNRE holds ‘Chintan Baithak’ with the stakeholders of Renewable Energy (RE) sector

Various issues pertaining to Renewable Energy (RE) sector discussed during the meet Ministry of New & Renewable Energy (MNRE) held a ‘Chintan Baithak’ with the stakeholders of Renewable Energy sector here today. The ‘Baithak’ (meet) was chaired by Secretary, MNRE, Shri Anand Kumar and saw good participation from Renewable Energy (RE) sector including the representatives of […]

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Interview with Mayank Mishra, Regional Sales Director, Huawei Technologies Co. Ltd.

Necessary to Put More Efforts on Innovation It is very much necessary to put more and more efforts in innovating the new solutions which can help our customers to get more value from solution. Currently Huawei Smart PV Business has five R&D (“Research and Development”) centers specifically for inverter products around the world with more […]

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Government of India has been making concerted efforts for Developing Energy Storage Technologies

The Government of India has been making concerted efforts for developing energy storage technologies for managing the variable generation from renewable energy sources, including solar power. In this regard, an Expert Committee chaired by Secretary, Ministry of New and Renewable Energy, has proposed draft National Energy Storage Mission that strives for leadership in the energy […]

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