US Researchers Pursue 5¢/kWh Energy Cost Goal with New CSP System Updated On Thu, Feb 17th, 2022 by Saurenergy The US National Renewable Energy Laboratory (NREL) and the Department of Energy (DoE) are working on a state-of-the-art concentrated solar power (CSP) facility as the government looks to reduce the energy cost to a mere 5 cents per kWh. The new technology is expected to have the potential to lower the cost of renewable energy […] Read more
Powin Signs Up for 5.8 GWh of storage across US, Taiwan Updated On Mon, Feb 14th, 2022 by Saurenergy Powin Energy, a global leader in the design and manufacture of scalable battery energy storage solutions, has announced that it has signed framework agreements with four developers to purchase 5,800 megawatt-hours (MWh) of battery energy storage systems to be allocated across multiple projects in the United States and Taiwan. The energy storage systems will be […] Read more
ISA and the Quest for Clean Energy Updated On Mon, Feb 7th, 2022 by Saurenergy Global Strat View hosted a panel discussion on the International Solar Alliance (ISA) and the Quest for Clean Energy on February 4, 2022, at the National Press Club, Washington. Moderated by Kostis Geropoulos, Energy Editor at New Europe, the panelists included Jagjeet Sareen, Assistant Director General of International Solar Alliance (ISA); Llewellyn King, founder of the Energy Daily; and Neelima […] Read more
Energy Vault Inks $100 M Deal to Deploy its Energy Storage Tech in China Updated On Wed, Feb 2nd, 2022 by Saurenergy Swiss energy storage firm Energy Vault has announced a License and Royalty agreement for renewable energy storage with Atlas Renewable and their majority investor China Tianying, an international environmental management and waste remediation corporation engaged in smart urban environmental services, resource recycling and recovery, and zero-carbon clean energy technologies. The agreement supports the deployment of […] Read more
200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
NTPC 3 GWh Tender For Renewable Storage Updated On Thu, Jan 27th, 2022 by Saurenergy NTPC’s renewable focused subsidiary, NTPC Renewable Energy has released a tender inviting developers for renewable storage systems across the country that will add up to 3000 MWh of supply. These systems would be connected to the ISTS grid too. The high minimum bid level indicates a search for large players able to execute at scale, […] Read more
NREL Study On Storage Requirements Finds High Alignment With PV, Over Wind Updated On Tue, Jan 25th, 2022 by Saurenergy The United States National Renewable Energy Laboratory’s (NREL) latest Storage Futures Study (SFS) reports is out. The SFS is a multiyear research project that explores the role and impact of energy storage in the evolution and operation of the U.S. power sector. Designed to examine the potential impact of energy storage technology advancement on the […] Read more
Growatt Launches battery System For Off Grid Storage Updated On Tue, Jan 25th, 2022 by Saurenergy Leading PV inverter and energy storage system provider Growatt has added the AXE LV battery system to its smart energy product portfolios, expanding market reach to meet the growing demand for residential off-grid lithium battery storage systems. Growatt is counted as the leading inverter form for residential inverters, and among the top 5 globally for […] Read more
Vistra Announces Expansion Of California Storage Facility To 3000 MWh Updated On Tue, Jan 25th, 2022 by Saurenergy Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California. The company has entered into a 15-year resource adequacy agreement with Pacific Gas and Electric Company (PG&E) for a new 350-megawatt/1,400-megawatt-hour battery system. This would complement the existing 400 MW/1,600 MWh of energy storage capacity already at the site. On Jan. 21, 2022, PG&E filed its application with the California Public Utilities Commission (CPUC) […] Read more
