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battery energy storage systems

The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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MNRE Issues Notification for Quality Control Order on SPV Goods

Domestic module manufactures whose annual module production capacity is less than 50MW are exempted for BIS certification for two years. The Ministry of New & Renewable Energy (MNRE) under the BIS Act has notified the Solar Photovoltaics Systems, Devices and Components Goods Order 2017 for quality assurance in SPV Power Projects. It includes SPV modules, […]

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Viz-A-Viz with Dr. Avishek Kumar, Director, Sunkonnect

Q. To begin with, please tell our readers more about Sunkonnect and its offerings and key specialities? Sunkonnect is a global renewable energy management consulting firm based in Singapore. We work with system owners, developers, EPC players and manufacturers in making significant and longlasting improvements to their systems, products and processes. Our team has over […]

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SolarEdge Announces Third Quarter 2018 Financial Results

SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the third quarter ended September 30, 2018. Third Quarter 2018 Highlights  Record revenues of $236.6 million, up 42% year-over-year GAAP net income of $45.6 million GAAP net diluted EPS of $0.95 Non-GAAP net diluted EPS of $0.86 […]

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Viz-A-Viz with Anshul Gupta, Director, Okaya Power Pvt Ltd

Q. What are the initiatives Okaya has taken in contributing towards India’s clean and green energy initiative? Okaya is working continuously to introduce new technologies in Solar energy storage segment and contribute towards the country’s clean and green energy initiatives. Use of solar energy has become more main stream after the launch of the government’s […]

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SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn

As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses.   Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […]

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$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report

Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […]

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SECI seeks Bids for Tender of 160 MW Solar-Wind Hybrid Power Plant in Andhra Pradesh

The tender includes design, engineering, supply, construction, erection, testing & commissioning including 10 years plant O&M under International competitive bidding. Under the ‘Innovation in Solar Power and Hybrid Technologies Project’, Solar Energy Corporation of India (SECI) has floated tender for 160 MW of solar-wind hybrid power plant with Battery Energy Storage System (BESS) in Anantapur […]

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