Fluence Secures 2,300 MWh Orders for 6th-Gen Energy Storage Technology from Key Customers Updated On Tue, Jun 16th, 2020 by Saurenergy Fluence, a leading energy storage technology solutions provider, has on Tuesday unveiled its sixth-generation energy storage technology stack combining factory-built hardware, advanced software and data-driven intelligence. The company claimed that this new technology will change the way energy storage systems are built and operated by making them simpler, safer, faster and more cost-effective to deploy […] Read more
IESA Proposes to Have Policy Framework for Energy Storage in Electricity Act Updated On Wed, Jun 10th, 2020 by Saurenergy IESA has submitted its recommendations on the proposed Draft Electricity (Amendment) Bill, 2020, proposing a policy framework for energy storage in the bill India Energy Storage Alliance (IESA), India’s leading alliance working in the space of energy storage, electric vehicle, renewable integration & microgrids has submitted its comments/recommendations on the proposed Draft Electricity (Amendment) Bill, […] Read more
Ingeteam Blows Past 50 GW Wind Energy Milestone Updated On Fri, Jun 5th, 2020 by Saurenergy Ingeteam, the Spanish technology Group specialized in electric power conversion, has confirmed commissioning 50 GW of electrical wind power conversion equipment to date. This includes sales of wind power converters and wind control cabinets. Ingeteam entered the wind industry in 1995 working on the development of variable-speed machines. They were the first manufacturer to launch […] Read more
Enphase Energy Forays into Poland; Inks Distribution Pact with SmartX Updated On Thu, Jun 4th, 2020 by Saurenergy Enphase Energy, a solar microinverters specialist, has forayed into Poland via a distribution partnership with SmartX, a solar microinverters distributor in Poland. The company’s move of entering into Poland is significant as currently, the country has one of the top 5 solar markets in Europe, with an estimated installed capacity of over 1 GW. Commenting on the collaboration, Piotr Redkiewicz, […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
Strong Q1 for US Energy Storage Market Despite COVID-19: WoodMac Updated On Wed, Jun 3rd, 2020 by Saurenergy The US energy storage sector saw a strong Q1, with residential storage setting another record while the non-residential had its 3rd-strongest quarter The United States (US) energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record. According to Wood Mackenzie and […] Read more
Energy Storage Market to Rebound Strongly in 2021: Frost & Sullivan Updated On Thu, May 21st, 2020 by Saurenergy Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. The “Outlook for the Global Energy Storage Industry, 2020,” predicts the market to decline, […] Read more
2020-When Energy Storage Got Serious in India Updated On Fri, May 15th, 2020 by Saurenergy The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale, is no longer a possibility that […] Read more
Spruce Finance Acquires Clearway Energy’s Residential Solar Assets Updated On Fri, May 15th, 2020 by Saurenergy Spruce Finance has announced that it has bought Clearway Energy’s entire portfolio of residential solar assets in the US worth around 53 MW. Spruce Finance, the largest private owner and operator of distributed generation solar residential assets in the US, has bought Clearway Energy’s entire portfolio of residential solar assets. The deal is Spruce’s largest […] Read more