Shanghai Electric Firm Secures RMB400 Million Towards Energy Storage Business Updated On Thu, Sep 21st, 2023 by Saurenergy Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric has announced that it has received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. Shanghai Electric will focus on promoting the research and development of new systems, promoting its […] Read more
Sungrow in 60MW/132MWh Energy Storage Partnership in Chile Updated On Tue, Sep 19th, 2023 by Saurenergy Inverter firm Sungrow has joined hands with Investment Fund WEG-4. Under the agreement, Sungrow will supply 60MW/132MWh of its liquid cooled energy storage system (ESS) solution, the PowerTitan to Chile. The project is established within Maria Elena Solar Park of 72.8 MW capacity in Antofagasta, Chile, which was commissioned in 2015. Following the operation of […] Read more
RE+ Las Vegas- Solar Shines Brightest In the US Updated On Tue, Sep 19th, 2023 by Saurenergy At the recently concluded RE+ show in the US, the largest such show for renewable energy, particularly solar in that country, the response was massive. That is understandable, considering the fact that the US is well on its way to having a blockbuster 2023 in terms of new solar capacity additions. 32 GW is set […] Read more
ENEL Adds Battery Storage As Texas Grapples With Extreme Demand Swings Updated On Fri, Sep 15th, 2023 by Saurenergy Enel North America, a key energy utulity in the US and Canada, has more than tripled its operational utility-scale storage capacity this summer by bringing five new battery energy storage systems (BESS) online in Texas. The new batteries add over 369 MW / 555 MWh of dispatchable energy storage to the Texas power grid, helping increase grid […] Read more
Denmark’s Ørsted Marks Entry into UK with Solar Farm of 740 MW Capacity Updated On Thu, Sep 14th, 2023 by Saurenergy Denmark based renewable energy firm, Ørsted has made headways into UK with its first solar project in the country. Ørsted has set sights on establishing a One Earth solar farm with a proposed capacity of 740 MW. The project will also boast battery storage and will be set up in Nottinghamshire. The solar farm is […] Read more
China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023 Updated On Wed, Sep 13th, 2023 by Saurenergy China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […] Read more
GUVNL Seeks Outside Expertise For Its Pumped Storage Project Tenders Updated On Tue, Sep 12th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender for the selection of consultant for preparation of tender documents for selection of project developers through competitive bidding process for development of Pumped Storage Plant (PSPs) on “Build Own & Operate” or “ Build Own Operate & Transfer” basis and for assisting GUVNL to carry […] Read more
ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark Updated On Mon, Sep 11th, 2023 by Saurenergy Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
