BASF Turns on 5.8MWh NAS Battery System in Belgium Updated On Tue, Oct 5th, 2021 by Saurenergy German chemicals company BASF’s subsidiary BNB has installed and switched on an energy storage system comprising four NAS battery containers, which have been integrated into the electricity grid at BASF’s Verbund site in Antwerp, Belgium. NAS batteries are sodium-sulfur batteries with high energy content that are designed for stationary electricity storage. With this long-term project, […] Read more
Jakson Group Launches New Battery Energy Storage System Updated On Wed, Sep 22nd, 2021 by Saurenergy Jakson Group, a Noida-based energy and infrastructure company, has launched EnerPack, a new battery energy storage system (BESS), to help mitigate climate change and facilitate unhindered supply of green power. This product provides carbon-free clean power and enables uninterrupted silent power supply while significantly reducing costs, said the company. Equipped with a hybrid inverter, lithium-ion […] Read more
Battery Maker EnerVenue Raises $100 M in Series A Funding Updated On Thu, Sep 16th, 2021 by Saurenergy US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […] Read more
Chennai-Based Lucas TVS Plans 10 GWh Battery Gigafactory in Tamil Nadu Updated On Fri, Sep 3rd, 2021 by Saurenergy Lucas TVS, the Chennai-based auto components major that is part of the TVS group has signed an agreement with 24M’s advanced ‘SemiSolid’ electrode technology. 24M has built its reputation on the promise of a lithium-ion battery manufacturing process that is more modular, efficient and low cost. Spun out of MIT, it already has partnerships with […] Read more
MNRE Issues Benchmark Costs for Rooftop Solar PV Systems for FY22 Updated On Fri, Aug 20th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year i.e. 2021-22 (FY22). Benchmark costs for FY22 for general category states/UTs are as follows: Benchmark costs for Special Category States/UTs (i.e. North-Eastern States including Sikkim, Himachal […] Read more
Vistra, LG Energy Expand Californian Battery Facility to 1.6 GWh Updated On Fri, Aug 20th, 2021 by Saurenergy Vistra Corp., a Texas-based energy firm, and LG Energy Solution, a South Korean battery maker, have completed setting up the 400 MW/1.6 GWh Vistra Moss Landing Energy Storage Facility in Monterey County, California. Vistra recently finished construction on Phase II of the facility. The battery system is now storing power and releasing it to California’s grid […] Read more
Pune-based BatteryPool Raises Funds from IAN & Others Updated On Fri, Aug 20th, 2021 by Saurenergy Pune-based BatteryPool has raised an undisclosed amount of growth capital as part of its seed funding round. The startup offers battery charging solutions for EV fleets and commercial vehicles. The round was led by Indian Angel Network (IAN) and the Pune-based Venture Center under the NIDHI-Seed Support Scheme, and lead investors, including Arjun Seth and Harshavardhan […] Read more
California Goes With Rule for Solar and Battery Storage on New Buildings Updated On Tue, Aug 17th, 2021 by Saurenergy The California Energy Commission (CEC) has adopted the 2022 Building Energy Efficiency Standards (Energy Code) for newly constructed and renovated buildings that say the new buildings need to be equipped with solar and battery storage for clean energy goals. As the state’s primary energy policy and planning agency, the CEC adopts standards every three years […] Read more
Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s Updated On Tue, Aug 3rd, 2021 by Saurenergy QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […] Read more
