Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
Policy Incentives are Crucial for Energy Storage in India: IESA Updated On Wed, Sep 23rd, 2020 by Saurenergy The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant in the energy storage space. During a conference on the occasion of the 4th World Energy Storage Day on September 22, 2020, IESA also highlighted the huge employment opportunity presented by India’s […] Read more
US Energy Storage Market Sets Record for Deployments in Q2: WoodMac Updated On Fri, Sep 4th, 2020 by Saurenergy The US energy storage sector saw its strongest Q2 on record for deployments, according to Wood Mackenzie and the US ESA’s latest report The United States energy storage sector saw its strongest second quarter on record for deployments. According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, […] Read more
Sungrow Debuts 1500V Lithium-ion Energy Storage Solution at SNEC 2020 Updated On Mon, Aug 10th, 2020 by Saurenergy Sungrow, a global leading inverter solution supplier for renewables, debuted its latest 1500V LFP Lithium-ion energy storage system (ESS) solutions for a full range of applications at the SNEC 2020. The Company unveiled the new 1500V LFP ESS solutions to meet growing demands across the globe. The ESS solutions allow the PCS capacity varying from […] Read more
Siemens Inks Long-Term Pact with EnergyNest for Energy Storage Solns Updated On Fri, Jun 26th, 2020 by Saurenergy Siemens Energy, a division of global technology giant Siemens, has recently entered into a long-term partnership with the Norwegian technology company EnergyNest. EnergyNest, which is a startup in the space, is a supplier of thermal energy storage systems. The two companies joined hands with an aim to jointly offer modularized and standardized thermal energy storage […] Read more
Azelio, CITRUS Ink MoU for Energy Storage Supply to C&I Customers in Mexico, America Updated On Mon, Jun 22nd, 2020 by Saurenergy Swedish company Azelio has entered into a Memorandum of Understanding (MoU) with Mexican, CITRUS JMK S.A DE C.V (CITRUS) to assess energy storage for agricultural, mining, food and beverage, tourism and the oil & gas industry in Mexico, North and Central America. Commenting on the partnership, Jonas Eklind, CEO of Azelio, said that “CITRUS is […] Read more
Greenbacker Acquires Energy Storage System Portfolio From Stem Updated On Thu, Jun 18th, 2020 by Saurenergy Greenbacker Renewable Energy has purchased the rights to a 7.9MW /16.5MWh portfolio of 16 operating and to-be-constructed energy storage systems from Stem Greenbacker Renewable Energy Company has announced that on June 9, 2020, through a wholly-owned subsidiary, it purchased the rights to Pacifica Storage LLC, a 7.9MW / 16.5MWh portfolio of sixteen operating and to-be-constructed […] Read more
Australia to add 1.2 GWh of Energy Storage Capacity in 2020: WoodMac Updated On Wed, Jun 17th, 2020 by Saurenergy According to new research, Australia is set to add 1.2 GWh of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. According to new research, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes […] Read more
Fluence Secures 2,300 MWh Orders for 6th-Gen Energy Storage Technology from Key Customers Updated On Tue, Jun 16th, 2020 by Saurenergy Fluence, a leading energy storage technology solutions provider, has on Tuesday unveiled its sixth-generation energy storage technology stack combining factory-built hardware, advanced software and data-driven intelligence. The company claimed that this new technology will change the way energy storage systems are built and operated by making them simpler, safer, faster and more cost-effective to deploy […] Read more
