Technavio announces top five leading vendors in the Global Off-Grid Energy Storage System Market Updated On Thu, Oct 13th, 2016 by Saurenergy Technavio has announced the top five leading vendors -Aquion Energy, Green Charge, LG Chem, NEC Energy Solutions and NRG Energy in its Global Off-Grid Energy Storage System Market report. The report also list 11 firms that are expected to impact the market during the forecast period of 2020. The 11 firms include Amperex Technology, Boston […] Read more
TrinaBEST showcases its new residential energy storage system at All Energy 2016 Updated On Fri, Oct 7th, 2016 by Saurenergy The energy storage spin-off from Chinese PV outfit Trina Solar, TrinaBEST has showcased its second generation Residential Energy Storage Solution at All-Energy Australia 2016, held in Melbourne. The event which has been influential to all forms of clean and renewable energy across Asia-Pacific region affords TrinaBEST the opportunity to introduce its new energy storage system […] Read more
IHS Markit expects global energy storage inverter shipments slated for solid growth Updated On Wed, Oct 5th, 2016 by Saurenergy As the energy storage market rises, and as prices for storage continues to fall, more than 900 MW of energy storage grid-tied inverters were shipped globally in 2015. The global energy storage inverter shipment is forecast to surge at a compound annual growth rate of 38 percent, to 4.5 GW in 2020, according to IHS […] Read more
AES to install and commission two energy storage arrays totaling 37.5 MW for SDG&E Updated On Fri, Aug 19th, 2016 by Saurenergy The subsidiary of AES Corporation, AES Energy Storage has entered into two contracts with San Diego Gas and Electric (SDG&E). AES will deploy 37.5 MW of Advancion Energy Storage Arrays at sites in San Diego County, California. The SDG&E-owned energy storage arrays will help to improve regional reliability and integrate greater amounts of renewable energy […] Read more
SECI invites bids for 100 MW Grid PV project with Battery Energy Storage System in Kadapa Solar Park, AP Updated On Wed, Aug 10th, 2016 by Saurenergy Solar Energy Corporation of India Limited (SECI) is inviting bids for selection of Solar Power Developers for setting up of 100 MW Grid connected solar PV projects along with large scale battery energy storage system at Kadapa Solar Park, Andhra Pradesh. The tender come as part of National Solar Mission (NSM) Phase-II, Batch-IV. Interested bidders […] Read more
Germany’s energy storage market will grow 11-fold and reach $1B by 2021: GTM Research Updated On Fri, Jul 29th, 2016 by Saurenergy GTM Research in its latest report ‘The German Energy Storage Market: 2016-2021’, has revealed that Germany’s energy storage market will grow 11-fold in megawatt terms between 2015 and 2021 and will reach an annual value of $1.03 billion. Germany is already one of the world’s leading energy storage markets. At the end of 2015, Germany […] Read more
Economics of Commercial Energy Storage in the U.S Will be Attractive by 2021: GTM Research Updated On Sat, Jul 16th, 2016 by Saurenergy Over the last two year commercial energy storage has been the fastest-growing storage segment in the U.S. Bulk of this growth occurred in California, while other markets have started to crop up in recent months. GTM Research in its report named ‘The Economics of Commercial Energy Storage in the U.S’ breaks down the commercial end-customer […] Read more
SolarMax Technology launches its first all-in-one, fully integrated energy storage system in US Updated On Tue, Jun 14th, 2016 by Saurenergy SolarMax Technology has launched its first integrated, all-in-one–FLEX energy storage system in the US market. The company in a statement said launch timing couldn’t be better, particularly in states with a high propensity for power blackouts. In California, for example, more than 500 outages occur statewide each year. Annual report data from the state’s Public Utilities Commission […] Read more
U.S. energy storage market grew 127% year-over-year: GTM Research Updated On Fri, Jun 3rd, 2016 by Saurenergy GTM Research and ESA released latest U.S. Energy Storage Monitor report which found that U.S. energy storage market grew 127% year-over-year, but down 84 percent from the historic fourth quarter of 2015.U.S. deployed 18.3 megawatts (21.2 megawatt-hours) of energy storage in the first quarter of 2016. The first quarter continued the trend of relatively slow […] Read more