SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
Energy Storage Can Reduce Variable Energy Generation Up to a 55%: Report Updated On Fri, Oct 13th, 2017 by Saurenergy National Renewable Energy Laboratory (NREL), a global research organizaiton recently released a report titled ‘Timescales of Energy Storage Needed for Reducing Renewable Energy Curtailment.’ This report talks the importance of integrating large quantities of variable generation (VG) energy, such as wind and solar energy, into regional power grids while minimizing curtailments. Achieving this integration demands […] Read more
Wartsila to Offer Energy Storage Solutions in India Updated On Thu, Oct 12th, 2017 by Saurenergy Wärtsilä energy storage solutions will significantly improve efficiency by increasing back-up capacity and creating new opportunities in electricity markets. The technology group Wärtsilä, a leading global supplier of flexible and efficient energy solutions, will offer technically and environmentally advanced energy storage solutions to the power markets in India. Following the acquisition, in May 2017, of […] Read more
