Masdar to Use Octopus Technology to Develop UK Battery Storage Updated On Thu, May 11th, 2023 by Saurenergy Global energy tech group Octopus Energy has inked a deal with renewable major Masdar under which it will license Octopus’ technology platform Kraken to flexibly manage its battery storage portfolio in the UK. The move will enable Masdar to optimize and expand its energy trading capabilities in the UK, helping to accelerate the rollout of […] Read more
NSW Announces 1.4 GW Renewables’ Tender, RWE To Develop Battery Storage Project Updated On Tue, May 2nd, 2023 by Saurenergy Just as the provincial government of New South Wales, Australia, has announced the tender allocation results for 1.4 GW of renewables, global renewables major RWE has said that itwill develop storage project in the state. RWE has been successful in the tender process offering Long-Term Energy Service Agreements to project developers of long duration storage […] Read more
Scotland’s Largest Standalone Operational Battery Storage Project of 50 MW is Switched On Updated On Thu, Apr 27th, 2023 by Saurenergy The largest standalone operational battery storage project of 50 MW in Scotland has gone online. The project is located in Dundee and has been established by a joint venture between SUSI Partners and Eelpower. SUSI Partners is a Swiss firm that specialises in investment management in sustainable energy. Eelpower, based in UK, delves into large-scale […] Read more
Oracle Power & China’s CET Sign MoU to Set Up Renewable Projects With Battery Storage in Pakistan Updated On Tue, Mar 7th, 2023 by Saurenergy Pakistan-based power project developer Oracle Power has signed a memorandum of understanding with China Electric Power and Technology (CET)- a wholly-owned subsidiary of State Grid Corporation of China. They will explore the development, financing, construction, operation as well as maintainence of a green hydrogen project to be set up in Pakistan. The said project will […] Read more
Canadian Solar Mulls Solar & Battery Storage Manufacturing Expansion in China Updated On Wed, Feb 1st, 2023 by Saurenergy Global solar manufacturer Canadian Solar Inc. has announced that a wholly-owned subsidiary of its majority-owned subsidiary CSI Solar has entered into a multi-year investment agreement with the municipal government of Yangzhou City in Jiangsu Province, China. Under the agreement, Canadian Solar will add vertically integrated high efficiency wafer, cell, and module capacity in Yangzhou’s clean […] Read more
High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
Battery Storage Player Element Energy Secures $28 Mn Fresh Financing Updated On Thu, Dec 15th, 2022 by Saurenergy California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […] Read more
Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems? Updated On Thu, Dec 15th, 2022 by Saurenergy The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […] Read more
Invergy’s Capacitor-based Battery Storage Technology will Bring a Revolution to the Storage Industry Updated On Thu, Nov 10th, 2022 by Saurenergy AT REI 2022 in Greater Noida’s Expo Centre, India’s renewable energy majors were present in strength this year. SaurEnergy caught up with (Deepak Pandey, CEO of iNVERGY) to know more about their plans and expectations. Read more
