India Should Evaluate BESS as a Viable Storage Tech Updated On Thu, Apr 4th, 2019 by Saurenergy The US-India Strategic Partnership Forum (USISPF) has said that grid-connected battery-based energy storage system (BESS) should be evaluated more actively as a commercial storage technology for grid services, as it offers superior performance and a declining price trend in the future. “In the 21st century, India’s symbol of national pride should be its grid that […] Read more
India and Chile Should Jointly Promote Solar Energy Globally : President Updated On Tue, Apr 2nd, 2019 by Saurenergy Kovind said that India looks forward to working with Chile to promote solar energy worldwide and enhance global action to combat climate change. President Ram Nath Kovind recently discussed wide-ranging issues of mutual interest with his Chilean counterpart Sebastian Pinera as the two sides signed three MoUs in the fields of mining, culture and disability. Kovind, who arrived after visiting […] Read more
Fortum Solves Major EV Sustainability Issue – Boosting Battery Recycling Rate to Over 80% Updated On Mon, Mar 25th, 2019 by Saurenergy The company achieved the recycling rate of over 80% with a low-CO2 hydrometallurgical recycling process. A new solution by Nordic clean energy company Fortum makes over 80% of the electric vehicle (EV) battery recyclable, returns the scarce metals back into circulation and resolves the sustainability gap by reducing the need to mine cobalt, nickel, and […] Read more
Siemens AG Launches Junelight Smart Battery For Residential Customers Updated On Fri, Mar 15th, 2019 by Saurenergy Siemens AG, Europe’s largest industrial manufacturing company has made its move into the battery storage system segment with the launch of its Junelight Smart Battery System recently. With the Junelight Smart Battery, Siemens is offering its first battery storage specially geared to the requirements in private homes for the storage and use of self-generated energy. […] Read more
Sungrow Launches New 1500V Energy Storage System Updated On Fri, Mar 15th, 2019 by Saurenergy This containerised solution integrates energy storage inverters, lithium-ion batteries and medium-voltage transformers, which significantly saves on initial investment and upcoming O&M costs. As a global leading inverter solution supplier for renewables, Sungrow is showcasing multiple solutions at the ongoing Energy Storage Europe exhibition. These solutions help plant owners utilise solar energy efficiently before and even after […] Read more
Cabinet Approves Second Phase of FAME Scheme with Outlay of Rs 10,000 Cr Updated On Fri, Mar 1st, 2019 by Saurenergy The Union cabinet has approved the second phase of the FAME scheme with an incentive layout of Rs 10,000 crores. The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for the implementation of the Rs 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme for promotion […] Read more
SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn Updated On Thu, Feb 21st, 2019 by Saurenergy However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […] Read more
SolarMaxx Celebrates 10 Years of Excellence Updated On Wed, Jan 30th, 2019 by Saurenergy SolarMaxx is celebrating 10 years of its continued mission of delivering highly efficient, clean energy systems. It is celebrating the hundreds of customers across India who had been empowered in the last decade to rethink their energy strategy, reduce energy expenses and transform how they do business by switching to clean energy. The company is […] Read more
Poland Aid to LG Chem EV Battery Plant Gets EU Approval Updated On Tue, Jan 29th, 2019 by Saurenergy The investment aid will support LG Chem’s €325 million investment in a new vertically integrated manufacturing plant for the production of lithium-ion batteries in Poland. Poland’s €36 million (Rs 293 crore) investment aid to chemical company LG Chem, a part of one of Korea’s biggest company the LG Corp for a new electric vehicle batteries […] Read more
