Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
O2 Power, US-based Powin form JV for energy storage solutions in India Updated On Mon, Apr 11th, 2022 by Saurenergy O2 Power, a Gurugram-based renewable energy producer, and Powin, a US-based battery energy storage firm, on Friday said they have signed a memorandum of understanding to provide battery storage solutions for the Indian renewable energy market. According to the official press release, Powin will be responsible for the delivery and commissioning of the battery energy […] Read more
Director, Energy Storage Systems (ESS), Electromobility Updated On Tue, Apr 5th, 2022 by Saurenergy As a Director, you will lead the technology area, Energy Storage System (ESS), responsible for the development of battery modules, packs and other related components and systems for the electric vehicle driveline in cooperation with colleagues within the electromobility team in your own department as well as globally with sister-teams in Sweden. As well as […] Read more
Greenko raises $750 M from bond sale to create energy storage facility Updated On Fri, Apr 1st, 2022 by Saurenergy Greenko Wind has raised USD 750 million from a global bond issue for creating an energy storage facility in Andhra Pradesh, company officials said on Thursday. The company secured pricing of 5.50 per cent for its USD 750 million green bond issuance after starting the roadshows on Wednesday, bankers said. The bonds, raised by Greenko […] Read more
U.S. energy storage market sets Q4 record for new installations: WoodMac Updated On Fri, Mar 25th, 2022 by Saurenergy The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […] Read more
AGL to Build Australia’s Largest Energy Storage Facility Updated On Wed, Mar 23rd, 2022 by Saurenergy AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […] Read more
Home owners dominate energy storage market in Germany: Study Updated On Wed, Mar 23rd, 2022 by Saurenergy The battery storage market in Germany is dominated by the residential or ‘household’ segment and its far greater than the commercial-industrial or large scale segments. This is the finding of a recent report named ‘The development of battery storage systems in Germany – A market review (status 2022).’ The report is led by the Institute […] Read more
E2S Power, IPCL Come Together for Energy Storage Solutions Updated On Thu, Mar 17th, 2022 by Saurenergy E2S Power and India Power Corporation Ltd (IPCL) have signed a Memorandum of Understanding (MoU) to collaborate to transform power stations that run on fossil fuel in India into thermal energy storage (TES) systems for renewable energy. E2S Power is a thermal energy storage solutions developer and IPCL is a power utility company. The twin objectives of […] Read more
Jaguar I-Pace batteries find second life as Energy Storage Systems Updated On Wed, Mar 16th, 2022 by Saurenergy Marquee auto major Jaguar Land Rover’s engineering team have worked with Pramac to develop a zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries, taken from prototype and engineering test vehicles. Making better use of second life batteries has been a priority for both auto firms, and researchers, to defer the need to send […] Read more
