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
Huawei’s 10 Smart PV Trends for 2025 Updated On Mon, Mar 9th, 2020 by Saurenergy With Solar Energy coming into its own in the past 5 years, talk is already about the massive impact it can have on the energy grid. Smart PV’s (Photovoltaics) is a must, with higher share of solar energy, without disrupting grid stability. Hence, the new term, Smart PV’s. Huawei, a global leader in the inverters […] Read more
GM Reveals new Ultium Batteries and Flexible Platform for EV Expansion Updated On Thu, Mar 5th, 2020 by Saurenergy General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. “Our team accepted the challenge to transform product development at GM and position our […] 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
Research Shows Pairing Wind With Storage Critical for RE Future Updated On Wed, Feb 26th, 2020 by Saurenergy A new report examines the use of energy storage for wind integration, covering existing and upcoming projects, the landscape, and expected market growth. A new report from Navigant Research examines the use of energy storage for wind integration, covering existing and upcoming projects, the competitive landscape, and expected market growth. The report, Optimizing Wind Power Plants with Energy Storage, […] Read more
Can Privatization Help in Solving Discom Distress? Updated On Wed, Feb 26th, 2020 by Saurenergy India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […] Read more
JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives Updated On Wed, Feb 26th, 2020 by Saurenergy JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […] Read more
India to be Electricity-Based Economy Eventually: RK Singh Updated On Tue, Feb 25th, 2020 by Saurenergy Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […] Read more
EESL Successfully Completes 10 Yrs; Aims to Become Rs 10k Cr Co in 3 Yrs Updated On Mon, Feb 24th, 2020 by Saurenergy Government-backed Energy Efficiency Services Limited (EESL) has now completed 10 years of scaling up energy efficiency programmes in India and globally. With its rapid growth, the company now aims to become Rs 10,000-crore company in next three years. EESL was established in 2009 to unlock the potential of energy efficiency. It’s implemented initiatives have cumulatively […] Read more
