US Invested $3.46 billion In Electric Grid Resilience Projects: US Department of Energy Updated On Fri, Oct 20th, 2023 by Saurenergy US President Joe Biden recently released the America Agenda Funds for investment in 58 projects across 44 states in the US, for grid resilience, a report from the Department of Energy said. In the agenda, it has announced $3.46 billion grant for these projects to strengthen electric grid resilience and reliability across America. This would […] Read more
Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger Updated On Thu, Oct 19th, 2023 by Saurenergy The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […] Read more
SOFAR Eyes UK Market with Introduction of Residential, C&I Storage Solutions Updated On Wed, Oct 18th, 2023 by Saurenergy SOFAR, a global provider of all-scenario PV & ESS solutions, displayed it flagship product portfolio with a focus on residential and C&I storage solution at Solar & Storage Live, the United Kingdom’s most prominent renewable energy fair. Energy storage market is estimated to be scaled in many European countries, considering that it provides system flexibility […] Read more
RACE Energy & LOHUM Join Forces for Sustainable EV Battery Recycling Updated On Tue, Oct 17th, 2023 by Saurenergy RACE Energy, a deep-tech electric vehicle (EV) infrastructure company for battery swapping, today announced a strategic partnership with LOHUM, a producer of sustainable energy transition materials via recycling, repurposing, and refining, to tackle EV battery waste and identify second life use applications. Aligning with the mandate under EPR (Extended Producer Responsibility) guidelines for responsible battery […] Read more
Australia Set for Renewable Energy Hub with 1,200MW/2.4GWh BESS Updated On Fri, Oct 13th, 2023 by Saurenergy A new renewable energy centre is set to be established in Australia following the governmental approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), the owner and developer of which is Singapore based renewables investor Equis. With the approval being received, a 1,200MW/2.4GWh two-hour duration battery energy storage system (BESS) will come up in Victoria. This […] Read more
10% PV Installations Will Incorporate Storage Within a Decade: DNV Report Updated On Thu, Oct 12th, 2023 by Saurenergy DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […] Read more
SOFAR Storage Solutions Seeks To Repeat Success In European C&I Market Updated On Thu, Oct 12th, 2023 by Saurenergy SOFAR, a global leading provider of all-scenario PV & ESS solutions, marked presence at the BNEF London Summit. Together with Nelson Nsitem, energy storage analyst from BNEF, both parties jointly held the roundtable “Exploring Possibilities and Overcoming Barriers: C&I Energy Storage in Europe” where industry experts exchange perspectives on C&I energy storage in Europe. SOFAR, […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
NHPC Invites Bids to Select Renewable Energy Power Developers for 1500 MW Projects with Storage Updated On Mon, Oct 9th, 2023 by Saurenergy NHPC has issued a tender for the selection of renewable energy power developers for the supply of 1500 MW ‘Firm & Dispatchable’ power from ISTS connected Renewable Energy power projects coupled with energy storage system on anywhere in India basis under Tariff Based Competitive Bidding (TBCB) on BOO basis (Build-Operate-Own). It will be followed by […] Read more
