Storage Stays In Focus With New 1200 MW tender Plan from SECI Updated On Wed, Apr 1st, 2020 by Saurenergy After the success of its previous 1200 MW tender for renewable generation plus guaranteed peak supply, the Solar Energy Corporation of India (SECI) has issued a notice inviting tender (NIT) for a repeat of its previous tender. That was oversubscribed by 420 MW. SECI informs us that details will be uploaded soon on the website […] Read more
Auctions Designed in Innovative Ways Can Help Achieve Specific Country Goals: Sukhwinder Pal Singh Updated On Fri, Mar 27th, 2020 by Saurenergy One of the main trends to procure renewables-based electricity at the lowest price -while fulfilling other objectives- is the use of auctions. Auctions designed in innovative ways can help to achieve specific country goals, beyond solely procuring electricity at the lowest price. These goals might include ensuring greater participation of communities or other new and […] Read more
Deadline for 4 MW Floating Solar Plus BESS Tender Extended Again Updated On Tue, Mar 24th, 2020 by Saurenergy SECI has extended the bid submission deadline for its tender for 4 MW floating solar projects with 2 MW/ 1 MWh BESS in North Andaman for the fourth time. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power […] Read more
US Energy Storage Market Sets Power Capacity Record in Q4 2019 Updated On Wed, Mar 11th, 2020 by Saurenergy The US energy storage sector set a power capacity record in Q4 2019, deploying 186.4 MW and 364.2 MWh of storage. The United States (US) energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage. According to Wood Mackenzie and the US Energy Storage […] Read more
The Role of AI and ML in Solar Energy Updated On Sat, Feb 29th, 2020 by Saurenergy Climate change is one of the biggest threats that humanity is currently facing. With these challenges which lie before the government and various energy solution providers, it has become imperative for them to provide a sustainable mode of renewable energy. This has also made renewable energy to be an alternative source of energy compared to […] Read more
Energy Storage Market Predicted to hit $500 Billion by 2035: Lux Research Updated On Thu, Feb 27th, 2020 by Saurenergy The total energy storage market is expected to grow to USD 546 billion in annual revenue by 2035, according to a new report released by Lux Research. The total energy storage market is expected to grow to USD 546 billion in annual revenue by 2035, according to a new report released by Lux Research. The […] Read more
Energy Storage to Accelerate Global Energy Transition: WoodMac Updated On Tue, Feb 25th, 2020 by Saurenergy The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […] Read more
IFC to Assess Potential of Private Investments in Energy Storage Solutions in Burkina Faso Updated On Mon, Feb 24th, 2020 by Saurenergy IFC will assess how private investment in energy storage can contribute to higher solar power production while enhancing grid stability in Burkina Faso The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it has signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
