Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia Updated On Wed, Aug 28th, 2019 by Saurenergy Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, […] Read more
Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects Updated On Tue, Aug 20th, 2019 by Saurenergy Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […] Read more
DEWA Cooperates With Stanford University for R&D in Solar Energy Updated On Tue, Aug 6th, 2019 by Saurenergy DEWA has announced its cooperation with Stanford University for research and development in the field of solar energy. The Dubai Electricity and Water Authority (DEWA) has announced its cooperation with Stanford University in a number of research and development fields including radiation cooling to improve the efficiency and performance of solar panels, utilisation of autonomous […] Read more
Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon Updated On Thu, Aug 1st, 2019 by Saurenergy For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […] Read more
Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
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
Switching up Renewables and With it Energy Poverty: Study Updated On Mon, Jul 15th, 2019 by Saurenergy According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […] Read more
Duke Energy Florida to Build 22 MW Battery Storage System Updated On Tue, Jun 4th, 2019 by Saurenergy The company has scheduled the completion of all three projects by the end of 2020. Duke Energy Florida (DEF) has announced three battery storage projects, totaling 22 megawatts, that will improve overall reliability and support critical services during power outages. Collectively, the storage facilities will enhance grid operations, increase efficiencies and improve overall reliability for surrounding […] Read more
Cabinet Approves RE Pact Between India and Denmark with Focus on Offshore Wind Energy Updated On Mon, Apr 15th, 2019 by Saurenergy The objective of the cooperation agreement is to promote cooperation between the two countries in the field of renewable energy with a special focus on offshore wind. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry […] Read more