Vistra, LG Energy Expand Californian Battery Facility to 1.6 GWh Updated On Fri, Aug 20th, 2021 by Saurenergy Vistra Corp., a Texas-based energy firm, and LG Energy Solution, a South Korean battery maker, have completed setting up the 400 MW/1.6 GWh Vistra Moss Landing Energy Storage Facility in Monterey County, California. Vistra recently finished construction on Phase II of the facility. The battery system is now storing power and releasing it to California’s grid […] Read more
Tesla & Local Partners to Build Storage Facility in Japan Updated On Fri, Aug 20th, 2021 by Saurenergy US auto major Tesla is partnering with Japanese companies to build an energy storage facility using its rechargeable battery in Hokkaido in northern Japan to help stabilise the power system. Tesla will collaborate with Japanese power retailer and aggregator Global Engineering and engineering firm Ene-Vision to build the energy storage facility connected to the grid […] Read more
US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
California Goes With Rule for Solar and Battery Storage on New Buildings Updated On Tue, Aug 17th, 2021 by Saurenergy The California Energy Commission (CEC) has adopted the 2022 Building Energy Efficiency Standards (Energy Code) for newly constructed and renovated buildings that say the new buildings need to be equipped with solar and battery storage for clean energy goals. As the state’s primary energy policy and planning agency, the CEC adopts standards every three years […] Read more
High Cost, Infrastructural Issues Limit Green Hydrogen’s Role in Energy Transition: Study Updated On Tue, Aug 17th, 2021 by Saurenergy Green hydrogen is recognised as a viable solution for reducing greenhouse gas emissions and transitioning away from fossil fuels for “hard-to-abate” sectors. The supply chain for hydrogen, however, is not yet fully developed. Several barriers, such as the high cost of green hydrogen compared to non-renewable alternatives and the lack of dedicated infrastructure, are still […] Read more
33 GW Pumped Hydro Storage Projects to be Set Up in Andhra Pradesh Updated On Mon, Aug 16th, 2021 by Saurenergy The Andhra Pradesh energy department will install Pumped Hydro Storage Power Projects (PSP), with 33.24 GW total capacity, across 1.45 lakh acres in Kadapa, Kurnool and Anantapur districts. Energy secretary Srikant Nagulapalli believes these pumped hydro storage power will improve the power supply position in the state. “These will enable the consumers to get quality […] Read more
Tata Power Wins 20MW Solar plus 50MWh Battery Storage Auction of SECI Updated On Thu, Aug 12th, 2021 by Saurenergy Tata Power Solar, India’s largest solar energy company, and Tata Power’s wholly-owned subsidiary has received a “Notice of Award” (NoA) to build 50MWp Solar PV Plant with 50MWh Battery Energy Storage System (BESS) project at Phyang village in Leh, Ladakh. The order value of the project is ÌNR 386 crores. The commercial operation date for […] Read more
Nanotech Energy Secures $64 M for Global Graphene Business Updated On Wed, Aug 11th, 2021 by Saurenergy American graphene-based batteries maker Nanotech Energy has raised $64 million Series D funding at a $550 million post-Series D valuation to accelerate international expansion, including the launch of its EU headquarters in Amsterdam, and to develop a new high-volume graphene battery manufacturing facility in Reno, Nevada, US. Led by Taiwan’s largest financial services company, Fubon Financial Holding […] Read more
Fronius Energy Fuels Buses with Solar-produced Green Hydrogen Updated On Wed, Aug 11th, 2021 by Saurenergy Austrian solar energy solutions provider, Fronius Solar Energy has announced the commencement of a two-week trial of a hydrogen-powered bus in Wels (Upper Austria). The green hydrogen used to fuel the bus is claimed to be 100% locally produced from solar energy. According to the firm, the “Solaris Urbino 12 Hydrogen” trial was launched in […] Read more
