Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
GE Vernova to Supply Battery for 57 MW BESS Project in UK Updated On Fri, Sep 8th, 2023 by Saurenergy UK-based Varco Energy, an owner of energy storage, has selected GE Vernova to supply battery along with related equipment for a 57 MW (138 megawatt-hour) transmission-connected battery near Liverpool, United Kingdom. The Native River project will begin construction this quarter and will be linked to the grid early next year. GE Vernova will be responsible […] Read more
China’s Capacity Glut Likely To Keep Lithium Battery Prices Down-Trendforce Research Updated On Fri, Sep 8th, 2023 by Saurenergy Insufficient downstream demand has put a damper on both supply and demand in the EV battery market. TrendForce reveals that the ASP of EV cells in China fell below CNY 0.6/Wh in August. The average price drops of EV square ternary cells, LFP cells, and pouch ternary power cells reached 10%, with respective prices of CNY 0.65/Wh, […] Read more
Trina Storage Undertakes DNV Evaluation For Its Liquid-Cooled BESS Updated On Thu, Sep 7th, 2023 by Saurenergy Global Battery Energy Storage (BESS) Company Trina Storage today announced that it has successfully completed a comprehensive technical due diligence evaluation of its liquid-cooled battery energy storage system (BESS), specifically, the Elementa, by DNV. Trina Storage is a business unit of Trina Solar. DNV is an independent energy expert and assurance provider that acknowledged that […] Read more
Ingka & Apex Clean Energy Join Hands for 16.4 MW Storage Project in Texas Updated On Thu, Sep 7th, 2023 by Saurenergy Ingka Investments and Apex Clean Energy, a firm that delves in the origination, commercialization, construction, and operation of utility-scale wind energy facilities has announced the establishment of Cameron Storage Project of 16.4 MW capacity in Cameron County, Texas. The project is IKEA owner’s first-ever battery storage project. The lithium-ion battery will lend support to the […] Read more
RWE Kicks Off Two Solar Plus Battery Projects in Garzweiler Mine Updated On Wed, Sep 6th, 2023 by Saurenergy German multinational energy firm RWE installed 58,000 photovoltaic modules in the Garzweiler opencast mine. The modules also boast two battery storage facilities. The project is supplying solar energy to over 7,250 German households per year. The project employs bifacial modules, that capture sunlight from not only both the sides, but also uses light reflected from […] Read more
Govt Releases Framework For Promoting Energy Storage Updated On Mon, Sep 4th, 2023 by Saurenergy The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems. The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […] Read more
WBSEDCL Issues Tender for Supply of 47 EV Charging & Battery Swapping Stations Updated On Fri, Aug 25th, 2023 by Saurenergy West Bengal State Electricity Distribution Company Limited (WBSEDCL) has issued a tender to select agencies for the supply, installation, operation and management of 47 electric vehicle charging and battery swapping stations. The bidders will be responsible for establishing the stations and must commission them within six months of getting the work order. The last day […] Read more