Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs Updated On Thu, Jan 13th, 2022 by Saurenergy Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […] Read more
India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030 Updated On Fri, Dec 10th, 2021 by Saurenergy There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […] Read more
Integrating Storage Key to Solar’s Long-term Success, says Sterling and Wilson Renewable Energy Ltd CEO Updated On Fri, Dec 3rd, 2021 by Saurenergy In this conversation with Prasanna Singh, Group Editor at Saur Energy, Mr. Chandra Kishore Thakur, CEO, Sterling and Wilson Renewable Energy Limited, reflects on the firm’s current and future plans. Throwing light on solar’s growth potential in India, Mr. Thakur cites inflation, supply chain constraints and GST taxation structure, among others, as key challenges. Q. What […] Read more
Australian JV to Build Country’s Largest Privately Funded Battery Updated On Thu, Dec 2nd, 2021 by Saurenergy Engie, Macquarie’s Green Investment Group (GIG), and Fluence have partnered to deliver Australia’s largest privately-funded and owned utility-scale battery. The project will connect to existing network infrastructure to support the transition to renewable energy at the site of the former Hazelwood Power Station in the Latrobe Valley. Providing 150 MW/150 MWh of flexible energy, the […] Read more
An Ancillary Services Market Will Be Key To Integration of 450 GW of Renewables By 2030 Updated On Sat, Nov 20th, 2021 by Saurenergy A new study, Electricity market design for efficient procurement of ancillary services in India to address changing system needs, by Wartsila and KPMG makes the case for power market reforms in India using power system simulation models. The study demonstrates that some of the renewable rich states in India could immensely benefit by adding more flexible generation […] Read more
Proposed Amendment by Power Ministry To Power Corporate and Industrial RE Development Updated On Mon, Nov 1st, 2021 by Saurenergy With 4 stakeholder consultations already held, the proposal by the power ministry to amend the Energy Conservation Act, 2001 is moving ahead. The amendments will have the twin objectives of enhancing demand for renewable energy at the end- use sectors such as Industry, buildings, transport etc, and also support the climate goals commitments of the […] Read more
Sungrow Launches New Energy Storage Systems for APAC Commercial & Industrial Market Updated On Tue, Oct 26th, 2021 by Saurenergy Sungrow, a global inverter solution supplier for renewables, has rolled out its new energy storage system — ST129CP-50HV Series, for APAC commercial & industrial market. This product supports various applications including demand management, peak & valley arbitrage, self-consumption, power backup and micro-grid. ST129CP-50HV Series: Providing High-quality and Economical Electricity As renewable energy is emerging to […] Read more
Sungrow Reaches Milestone for Sending 5 GW in Latin America Updated On Thu, Oct 21st, 2021 by Saurenergy Sungrow, which provides inverter solutions for renewable energy, announced at Intersolar South America 2021, held in São Paulo from Oct. 18-20, that its shipments cumulative sales for Latin America exceeded 5 GW. This demonstrates Sungrow’s commitment to sustainable development and efforts to diversify the local energy sector and decarbonise, said the company. With a continuous […] Read more
ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US Updated On Mon, Oct 11th, 2021 by Saurenergy ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […] Read more
