Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Vena Energy Selects Doosan to Deliver Queensland’s Largest Grid-Scale Energy Storage System Updated On Tue, Dec 15th, 2020 by Saurenergy Vena Energy has named Doosan GridTech as its EPC partner to build Queensland’s largest energy storage system. Vena Energy-Australia has named Doosan GridTech as its engineering, procurement, and construction (EPC) partner to build Queensland’s largest energy storage system. This battery energy storage system (BESS) will play a major role in improving grid stability and supporting […] Read more
Hindustan Coca-Cola Beverages Presses 7 new Renewable Energy Projects Into Service Updated On Tue, Dec 15th, 2020 by Saurenergy Hindustan Coca-Cola Beverages has successfully pressed 7 additional renewable energy (RE) projects into service. Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has announced that it has successfully pressed 7 additional renewable energy (RE) projects into service. Installed in different factories of the company, these projects are designed to source 23.5 million units […] Read more
Siemens Energy teams up with Duke Energy, Clemson University to study hydrogen use Updated On Fri, Dec 11th, 2020 by Saurenergy Siemens Energy, Duke Energy and Clemson University have teamed up to study the use of hydrogen for energy storage and as a low- or no-carbon fuel source to produce energy at Duke Energy’s combined heat and power plant at Clemson University in South Carolina. The U.S. Department of Energy announced today that it awarded Siemens Energy a $200,000 grant for the research […] Read more
Britishvolt Finalises Site For Britain’s First Battery Gigaplant Updated On Fri, Dec 11th, 2020 by Saurenergy Britishvolt, which had signed an MOU for the country’s first Gigaplant sometime back, has finally identified a site at Blyth, Northumberland for the plant. With an investment of 2.6 billion Euros, construction is expected to start in the second quarter of 2021. The massive plant is seen as vital to supporting the UK’s push for […] Read more
As Battery Cell Prices Hit $110/KWH, Challenges Remain- Report Updated On Fri, Dec 4th, 2020 by Saurenergy According to Benchmark Mineral Intelligence’s study, Lithium-ion battery cell prices have decreased from $290/kWh in 2014 to $110/kWh in 2020 (large contract automotive), and there is a view in the lithium-ion industry that this trend will continue indefinitely. This in turn will lower the price of electric vehicles and bring cost parity between the internal […] Read more
TEXEL Signs an Agreement with ASU to Move new Battery Tech Towards Commercialisation Updated On Wed, Nov 25th, 2020 by Saurenergy The battery technology development company, TEXEL Energy Storage (TEXEL), and Arizona State University (ASU) have signed a cooperation agreement with the purpose to bring a new battery technology towards commercialization in the United States. The new battery technology that is originally developed by Savannah River National laboratory (SRNL), is potentially much more cost effective than Lithium-Ion batteries in […] Read more
OKAYA Bags World Bank-funded Contract for Setting up EV Charging Stations Across India Updated On Wed, Nov 25th, 2020 by Saurenergy OKAYA has bagged a major World Bank-funded contract from EESL for commissioning of 1020 multi-standard EV charging stations across India. OKAYA, a flagship company of Okaya Power Group has announced that it has bagged a major World Bank-funded contract from Energy Efficiency Services Limited (EESL), a JV of PSUs of Ministry of Power, Government of […] Read more
Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15% Updated On Tue, Nov 24th, 2020 by Saurenergy Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […] Read more
