Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Tesla Introduces New Battery for Utility Scale Energy Storage Updated On Wed, Jul 31st, 2019 by Saurenergy To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […] Read more
588 MW Beatrice Offshore Wind Farm Begins Operation Updated On Tue, Jul 30th, 2019 by Saurenergy SSE has announced the official opening of the 588 MW Beatrice offshore wind farm in Scotland. The renewables unit of UK utility SSE plc has announced the official opening of the 588 MW Beatrice offshore wind farm in the Outer Moray Firth, Scotland. Situated in the North Sea, 13 km off the coast of Caithness, […] Read more
India has a Game Plan for Electric Vehicles: Amitabh Kant Updated On Mon, Jul 29th, 2019 by Saurenergy India has put in place a game plan for electric vehicles and its components to ensure clean cities, reduce imports and utilise solar power, NITI Aayog CEO Amitabh Kant said. India has put in place a game plan for electric vehicles (EV) and its components like batteries to ensure clean cities, reduce imports and utilise […] Read more
China’s CATL Joins Next Energy for Battery Storage Business in Japan Updated On Sat, Jul 27th, 2019 by Saurenergy CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […] Read more
Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
US DOE Grants $16 mn for 14 Energy Infrastructure Projects Updated On Fri, Jul 26th, 2019 by Saurenergy The US DOE has announced more than $16 million in funding for 14 tribal energy infrastructure projects The US Department of Energy (DOE) has announced more than $16 million in funding for 14 tribal energy infrastructure projects through DOE’s Office of Indian Energy. The investment will help Native American and Alaska Native communities harness their […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
