Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology Updated On Thu, Oct 6th, 2022 by Saurenergy In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […] Read more
China’s Hithium Launches New Energy Storage Battery Innovations at Energy Show Updated On Mon, Sep 26th, 2022 by Saurenergy Chinese battery storage manufacturer Xiamen Hithium Energy Storage Technology Co. has launched its newest offerings in battery product innovations at RE+ 2022- an energy trade show in Anaheim, USA. As one of latest two game-changing batteries, Hithium released the 300Ah Prismatic Cell tailored for electric energy storage which is capable of achieving “zero” loss in […] Read more
CSI Energy Storage Launches Energy Storage Battery Solution for Utility Applications Updated On Thu, Sep 15th, 2022 by Saurenergy Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will launch SolBank- a proprietary-designed and manufactured energy storage battery solution for utility-scale applications. Canadian Solar held that CSI Energy Storage will also expand its battery manufacturing capacity from the existing 2.5 GWh to 10 GWh […] Read more
Deutsche Bahn, Kia Partner To Convert Used Batteries Into Storage Systems Updated On Fri, Sep 9th, 2022 by Saurenergy The Korean automaker Kia and Germany’s Deutsche Bahn (DB) have announced a partnership to increase the useable life of batteries used in electric mobility. Their solution is to re-use used lithium-ion batteries from electric vehicles to create efficient and cost-effective energy storage systems for green electricity. The official statement says that the second-life battery energy […] Read more
Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal Updated On Wed, Sep 7th, 2022 by Saurenergy As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […] Read more
Sungrow to Supply Solar + Storage Project For Australia’s 100 MWh Project Updated On Tue, Sep 6th, 2022 by Saurenergy China-based inverter and energy storage solution provider for renewable energy, Sungrow has announced that it will supply a fully integrated 55MW/220MWh Battery Energy Storage System (BESS) to Global Power Generation (GPG) for its 100MWac Cunderdin Project. Cunderdin lies 150 km east of Perth in Western Australia. Global Power Generation is Naturgy Energy Group’s subsidiary and […] Read more
BLUETTI’s AC500 Portable Storage Launches Updated On Fri, Sep 2nd, 2022 by Saurenergy Nevada, US headquartered portable power station provider, BLUETTI will formally introduce its brand-new model AC500. According to the company, the AC500 solar generator is a replacement for the AC300 solar generator. The company claims that it is entirely modular and devoid of any integrated batteries. An expansion battery pack, the B300 is being launched as […] Read more
The Top 5: Largest Battery Energy Storage Systems Worldwide Updated On Thu, Sep 1st, 2022 by Saurenergy As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […] Read more
Explained: The Arrival Of Big Batteries For Energy Storage Updated On Tue, Aug 30th, 2022 by Saurenergy Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […] Read more
