Tesla Introduces New Battery for Utility Scale Energy Storage Updated On Wed, Jul 31st, 2019 by Saurenergy To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […] Read more
WFEC, NextEra Sign PPA for Largest Combined Wind-Solar-Storage Project in US Updated On Mon, Jul 29th, 2019 by Saurenergy WFEC has entered into a PPA with NextEra Energy, for the largest combined wind, solar and energy storage project in the US. Western Farmers Electric Cooperative (WFEC) has announced that it has entered into a power purchase agreement (PPA) with a subsidiary of NextEra Energy Resources, for the largest combined wind, solar and energy storage […] Read more
CEL Empaneling EPC Firms for BESS Projects Updated On Fri, Jul 26th, 2019 by Saurenergy CEL has issued an EOI for empanelment of firms/EPC contractors for executing BESS projects in India. State-owned enterprise, Central Electronics Limited (CEL) has issued an Expression of Interest (EOI) for empanelment of firms/EPC contractors for executing Battery Energy Storage Systems (BESS) projects in India. The empaneled contractors will be able to participate in future project […] Read more
Cobalt and Nickel Supply Woes to Hurt EV Makers – Woodmac Updated On Wed, Jul 24th, 2019 by Saurenergy The rising popularity of EVs globally and the rush to adopt cleaner mobility options has led to a surge in demand for Cobalt and Nickel. Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grow, panic around a steady […] Read more
China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more
SECI Signs PSA for 750 MW Solar Power and MoU for BESS Facility Updated On Tue, Jul 2nd, 2019 by Saurenergy SECI has announced the signing of two new agreements a PSA and an MoU with two power discoms in Delhi and Rajasthan, respectively. MOU SIGNED WITH BRPL FOR BESS PROJECT OF SECI pic.twitter.com/6pO1XsFQOr — SECI (@SECI_Ltd) July 1, 2019 The Solar Energy Corporation of India (SECI) has announced the signing of two new agreements with […] Read more
Can India Beat China in Li-ion Battery Manufacturing and its Pricing? Updated On Thu, Jun 27th, 2019 by Saurenergy The arrival of Li-ion batteries has been nothing short of a blessing in the world of technology and gadgets. These batteries are more energy dense compared to both Lead acid and Nickel Metal Hydride. That’s why Li-ion cells are widely used in Automotive, Laptops & Cameras, and other Electronics equipment nowadays. India recently started venturing […] Read more
Sungrow Inks Supply Pact with Smart Power for Energy Storage Proj in Germany Updated On Wed, Jun 26th, 2019 by Saurenergy “This project represents a continued commitment for international energy storage partners and customers,” said James Wu. One of the global leading inverter supplier for renewable, Sungrow has inked a supply pact with Smart Power for supply of energy storage systems for a 30MW (i.e. 10MWx3) capacity project in Germany. Germany-based general contractor and developer company, Smart […] Read more
Advances in Storage Disrupting the US Electricity Sector: Report Updated On Wed, Jun 19th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […] Read more
