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Electricity Market

Germany’s energy storage market will grow 11-fold and reach $1B by 2021: GTM Research

GTM Research in its latest report  ‘The German Energy Storage Market: 2016-2021’, has revealed that Germany’s energy storage market will grow 11-fold in megawatt terms between 2015 and 2021 and will reach an annual value of $1.03 billion. Germany is already one of the world’s leading energy storage markets. At the end of 2015, Germany […]

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Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA

International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […]

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Solar Business Is Very Viable and Green: Kartik Sachdev, Marketing Head Solar- Su-Kam

Kartik Sachdev, Marketing Head Solar- Su-Kam talking to Saurenergy shared insight on solar Industry in India. He said the solar business is very green and economically viable, it is getting very good response in the country. Sachdev said solar has very beautiful application in rural India where there is no electricity, in those areas solar […]

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MSMEs and SSI sought for separate electricity tariff, urges for solar use

Micro, Small and Medium Enterprises (MSME) and Small Scale Industries (SSI) are seeking for separate electricity tariff. Both MSMEs and SSIs have detailed their presentation before Karnataka Electricity Regulatory Commission (KERC) last week. MSME associations jointly organizing an awareness programme in Karnataka on ‘Roof Top Solar Power Generation’ to encourage the SMEs and SSIs to […]

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UK: BW ESS & Sungrow Operationalize 100MW/331MWh BESS Project

BW ESS and Sungrow announced the commercial operation of the 100MW/331MWh Bramley battery energy storage system (BESS).  Installed with Sungrow’s BESS 3-hour PowerTitan 2.0, the Bramley project can play a vital role in bolstering UK energy security and fortifying the resilience of the electricity system. The project is connected to the UK grid 132kV electric […]

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Germany’s Battery Storage Capacity Soars To 19 GWh In 2024

After exceeding the 100 GW mark in solar energy production in 2024, Germany has now installed more than 1.8 million storage systems with a total capacity of 19 gigawatt-hours (GWh) at the turn of the year. This is mathematically sufficient to store the average daily electricity consumption of more than two million two-person households in […]

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Australia Risks 12-18 GW Renewable Gap Due To Slow Investment, Study Finds

Australia has run into plenty of problems regarding its solar capacity. 2024 saw the continuing issue of curtailments as solar was regularly oversupplied to a grid run on baseload coal and gas power. The rush to build large batteries has helped, but not enough clearly. The National Electricity Market (NEM) is stalling investment in Australia’s […]

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Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick

The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the  European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […]

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