Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA Updated On Mon, Dec 18th, 2017 by Saurenergy The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […] Read more
Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India Updated On Thu, Nov 30th, 2017 by Saurenergy Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […] Read more
Elon Musk Won US$50 Million In A Bet to Build A Huge Battery In 100 Days Updated On Mon, Nov 27th, 2017 by Saurenergy Musk took it as a challenge in order to solve South Australia’s power woes which had witnessed a state-wide blackout. Tesla and SpaceX Founder and entrepreneur Elon Musk has won a bet for building a giant battery in a record time of 100 days, $50 million was on stake during the bet and Musk has […] Read more
Air-breathing Battery Could Cut Costs of Renewable Energy Storage Updated On Fri, Nov 24th, 2017 by Saurenergy Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […] Read more
IL&FS Tie-up With Ecamion To Explore Energy Storage Business Updated On Sat, Nov 18th, 2017 by Saurenergy IL&FS and Ecamion will explore entering the energy storage business, with an eye on the electric vehicle opportunity Infrastructure Leasing and Financial Services (IL&FS) Ltd has joined hands with Canadian clean technology company Ecamion Inc. to explore entering the energy storage business, with an eye on the electric vehicle opportunity, said a senior ILF&S official. […] Read more
EESL and UK Firm Collaborate on New Renewable Energy Pact Updated On Fri, Nov 10th, 2017 by Saurenergy EESL EnergyPro Assets Limited (EPAL) launched the new partnership at India House in London for the investment in an advanced battery storage project. A joint venture of Indian PSU Energy Efficiency Services Limited (EESL) and UK-based EnergyPro Limited (EP) will invest USD 12 million in a new partnership with leading battery storage solutions provider Leclanché. […] Read more
Key technology trends shaping the Global Solar Industry Updated On Mon, Oct 23rd, 2017 by Saurenergy Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […] Read more
Viz-A-Viz with Nathan Dunn, Managing Director, Enphase Energy Asia-Pacific Updated On Mon, Oct 16th, 2017 by Saurenergy Q. What drove Enphase to shift from the computer networking and telecommunications industry to clean energy, and how did your past experiences assist in the successful launch of Enphase Energy? Enphase Energy is a global energy technology company that delivers smart, easy-to-use solutions that connect solar generation, storage and management on one intelligent platform. Our […] Read more
ABB and Northvolt Partner for Europe’s Largest Battery Factory Updated On Thu, Sep 28th, 2017 by Saurenergy Northvolt will build Europe’s largest and most advanced lithium-ion battery factory in Sweden. Supported by ABB’s industrial automation expertise, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions. ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, […] Read more
