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
IOCL Tenders for 1050 kW Solar System at Guwahati Refinery Updated On Mon, Jul 29th, 2019 by Saurenergy IOCL has issued a tender for the development of a 1050 kWp solar power system at its Guwahati refinery. The Indian Oil Corporation Ltd. (IOCL) has issued a tender, seeking bids from eligible parties for the development and maintenance of a 1050 kWp solar power system at its Guwahati refinery. The scope of work for […] Read more
ReneSola to Sell two Energy Companies & 10 Rooftop Projects in China Updated On Tue, Jul 16th, 2019 by Saurenergy ReneSola has entered into an agreement to sell two project companies, including 10 rooftop projects in Zhejiang Province of China to Shanghai Hongzuo New Energy Company. ReneSola, a leading solar project developer, has announced that it had entered into an agreement to sell two project companies – including ten rooftop projects located in Zhejiang Province of […] Read more
Green Energy Investments Drop in First Half of 2019: Report Updated On Fri, Jul 12th, 2019 by Saurenergy According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […] Read more
Maersk Parent Company Forays into Renewable Energy Sector Updated On Thu, Jul 11th, 2019 by Saurenergy In its first move away from shipping and Oil industry, Maersk parent company A.P. Moller will acquire Danish wind turbine supplier KK Group A.P. Moller Holding, that controls Danish shipping giant A.P. Moller-Maersk, has unveiled its first step into the renewable energy industry with the planned acquisition of Danish wind turbine supplier KK Group. The acquisition […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
Growatt Introduces Smart Solar Storage Solutions in Australia Updated On Wed, Jul 3rd, 2019 by Saurenergy At the SEC (Smart Energy Council) in Melbourne on June 27, 2019, Growatt introduced its latest smart storage ready inverter, TL-XH. Australia’s growing battery storage industry has prompted the update of battery rules. From June to July Growatt will join a number of senior industry experts in New Battery Rules Training Workshops held by Australia’s […] Read more
GE Renewable Energy & Enerfín to Construct 50 MW Wind Farm in Valencia Updated On Thu, Jun 27th, 2019 by Saurenergy Enerfín has announced the start of construction on the 50 MW Cofrentes wind farm, which will be powered by 13 GE Renewable Energy onshore wind turbines. Enerfín, the wind energy focussed arm of Spain’s leading infrastructure and renewable energy group Elecnor has announced the start of the construction on the 50 MW Cofrentes wind farm […] Read more
