Global Storage Market Predicted to Reach 158 GWh by 2024: Report Updated On Tue, Apr 9th, 2019 by Saurenergy The global energy storage market will expand 13-fold by 2024, according to new research from consultancy firm Wood Mackenzie. According to the report, ‘Global energy storage outlook 2019: 2018 year-in-review and outlook to 2024’, energy storage has been creeping into decarbonising markets over the past 5 years. Commenting on the report, Ravi Manghani, Research Director, said, […] Read more
MNRE Eyes Comments on Draft Guidelines for Series Approval of Storage Batteries for Lab Testing Updated On Tue, Apr 9th, 2019 by Saurenergy These draft guidelines has been prepared in consultation with the related stakeholders, including experts from test labs, Bureau of Indian Standards (BIS), New Delhi and Battery Storage Industry. The Ministry of New & Renewable Energy (MNRE) has sought suggestions or comments from public and related stakeholders on the guidelines drafted for series approval of storage […] Read more
India Should Evaluate BESS as a Viable Storage Tech Updated On Thu, Apr 4th, 2019 by Saurenergy The US-India Strategic Partnership Forum (USISPF) has said that grid-connected battery-based energy storage system (BESS) should be evaluated more actively as a commercial storage technology for grid services, as it offers superior performance and a declining price trend in the future. “In the 21st century, India’s symbol of national pride should be its grid that […] Read more
REIL Issues Tender For 1.7 MW Solar Plus Storage Project at Andaman & Nicobar Islands Updated On Wed, Apr 3rd, 2019 by Saurenergy The last date for bid submission is May 6, 2019. The Rajasthan Electronics and Instruments Ltd (REIL) has issued tender inviting bids from eligible bidders for the deployment of a 1.7 MW solar PV power plant with Battery Energy Storage System (BESS) at Andaman and Nicobar Islands. The brief scope of work for selected bidder(s) […] Read more
Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
IREDA Issues RfP For Empanelment of Resource Assessment Agencies For Solar & Wind Energy Updated On Tue, Apr 2nd, 2019 by Saurenergy The last date for submission of proposals is April 29, 2019. The Indian Renewable Energy Development Agency (IREDA) has issued a Request for Proposal (RfP) inviting proposals fro the empanelment of resource assessment agencies for solar and wind energy. The empanelment for resource assessment agencies is being done for Wind and Solar technologies, separately. The […] Read more
India and Chile Should Jointly Promote Solar Energy Globally : President Updated On Tue, Apr 2nd, 2019 by Saurenergy Kovind said that India looks forward to working with Chile to promote solar energy worldwide and enhance global action to combat climate change. President Ram Nath Kovind recently discussed wide-ranging issues of mutual interest with his Chilean counterpart Sebastian Pinera as the two sides signed three MoUs in the fields of mining, culture and disability. Kovind, who arrived after visiting […] Read more
SECI Extends Deadline For its Floating Solar Plus Storage Tender at Lakshadweep Updated On Mon, Apr 1st, 2019 by Saurenergy The last date of bid submission has been extended from April 1, 2019, to May 5, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up of 20 MW floating solar PV power plants with associated 60 MWh Battery Energy Storage System (BESS) at […] Read more
Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
