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Energy Storage to Grow 122-Fold Over Next 2 Decades: Report

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 […]

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Tesla Introduces New Battery for Utility Scale Energy Storage

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 […]

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Wind and Solar Energy Bring Extra Costs for Canadian Consumers: Report

A  new report claims that despite the rhetoric that renewable energy is cheap, wind and solar power often increase electricity costs for consumers A  new report claims that despite the rhetoric that renewable energy is cheap, wind and solar power generation comes with large, yet often ignored costs that increase electricity costs for residents and […]

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JinkoSolar Hits New Milestones in July

In a significant development, the Chinese module maker supplied its highest efficiency mono panels for the world’s largest solar project of 1,177 MWp in Abu Dhabi. Adding another feather in its cap, JinkoSolar Holding has touched new milestones in the month of July, winning the Frost & Sullivan award for 2019 and supplying its highest […]

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Maharashtra Tenders for 137 MW Solar Plants in Three Districts

MAHAGENCO has issued an NIT for the deployment of 137 MW of solar power plants in three districts of Maharashtra The Maharashtra State Power Generation Company (MAHAGENCO) has issued a Notice Inviting Tenders (NIT), inviting bids from eligible parties for the deployment of 137 MW of solar power projects in three districts of the state. […]

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588 MW Beatrice Offshore Wind Farm Begins Operation

SSE has announced the official opening of the 588 MW Beatrice offshore wind farm in Scotland. The renewables unit of UK utility SSE plc has announced the official opening of the 588 MW Beatrice offshore wind farm in the Outer Moray Firth, Scotland. Situated in the North Sea, 13 km off the coast of Caithness, […]

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Haryana to Distribute 50,000 Solar Pumps to Farmers

50,000 solar pumps will be given to farmers and ‘gaushalas’ in Haryana with the assistance of the NABARD, according to State Renewable Energy Minister Fifty thousand solar pumps will be given to farmers and ‘gaushalas‘ in Haryana with the assistance of the National Bank for Agriculture and Rural Development (NABARD), according to the Minister of State for New and Renewable Energy […]

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China’s CATL Joins Next Energy for Battery Storage Business in Japan

CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […]

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Hyundai Launches Sonata Hybrid with Solar Roof System

Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. The system recharges the battery to increase travel distance while preventing unnecessary battery discharge. The solar roof system, with 6 hours of daily charging, is expected to increase […]

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