Highview Power Gets £10 Mn Grant From UK Govt for 50 MW CRYOBattery Updated On Fri, Jun 19th, 2020 by Saurenergy Highview Power has been awarded a GBP 10 million grant from the UK Department for BEIS for a 50 MW cryogenic energy storage (CRYOBattery) facility. Highview Power, a global leader in long-duration energy storage solutions, has announced that it has been awarded a GBP 10 million grant from the UK Department for Business, Energy & […] Read more
Investments in Distributed Energy Likely to Rise Up to 75% by 2030 Updated On Tue, Jun 16th, 2020 by Saurenergy With the market set for a decade of high growth, the rate of annual investment in distributed energy resources (DER) likely to increase up to 75 per cent by 2030, as analyzed by a leading business consulting firm. The Frost & Sullivan in its recent analysis, ‘Growth Opportunities in Distributed Energy, Forecast to 2030’, finds that favorable regulations, […] 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
IESA Proposes to Have Policy Framework for Energy Storage in Electricity Act Updated On Wed, Jun 10th, 2020 by Saurenergy IESA has submitted its recommendations on the proposed Draft Electricity (Amendment) Bill, 2020, proposing a policy framework for energy storage in the bill India Energy Storage Alliance (IESA), India’s leading alliance working in the space of energy storage, electric vehicle, renewable integration & microgrids has submitted its comments/recommendations on the proposed Draft Electricity (Amendment) Bill, […] Read more
Panasonic & Span to Deliver Energy Storage and Management Solutions Updated On Wed, Jun 10th, 2020 by Saurenergy Panasonic has announced a new strategic alliance with Span to deliver a combined energy storage and management offering to homeowners Panasonic has announced a new strategic alliance with Span to deliver a combined energy storage and management offering that will give homeowners a new level of control over their battery backup power with intuitive energy management for the entire […] Read more
ADB and IEA Discuss Scaling up Collaboration in Energy Segment Updated On Tue, Jun 9th, 2020 by Saurenergy ADB President Masatsugu Asakawa and Executive Director of IEA Fatih Birol recently discussed scaling up collaboration and renewing the MOU between the two organizations. Asian Development Bank (ADB) President Masatsugu Asakawa and Executive Director of the International Energy Agency (IEA) Fatih Birol recently held a video conference meeting to discuss scaling up collaboration and renewing […] Read more
Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more
India, Denmark Ink MOU to Develop Long-Term Cooperation in Power Sector Updated On Mon, Jun 8th, 2020 by Saurenergy India and Denmark have signed a Memorandum of Understanding (MoU) on Indo-Denmark Energy Cooperation to develop a strong, deep and long-term co-operation between the two countries in the power sector. The MoU was inked between the two countries on June 5, 2020, on the basis of equality, reciprocity and mutual benefit. From the Indian side, MoU […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more