Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
PolyJoule Promises Plastic Batteries To Store Renewable Energy on Grid Updated On Mon, Apr 18th, 2022 by Saurenergy Battery storage forms a crucial link in the renewable energy system, given the intermittent nature of renewables. Amid many technologies that are emerging in the domain, Boston-based energy start up PolyJoule has created a battery which is made up of plastic – electrically conductive polymers – which makes the energy storage on the grid not […] Read more
Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
O2 Power, US-based Powin form JV for energy storage solutions in India Updated On Mon, Apr 11th, 2022 by Saurenergy O2 Power, a Gurugram-based renewable energy producer, and Powin, a US-based battery energy storage firm, on Friday said they have signed a memorandum of understanding to provide battery storage solutions for the Indian renewable energy market. According to the official press release, Powin will be responsible for the delivery and commissioning of the battery energy […] Read more
Gautam Solar Introduces ‘Gel Battery’ for Better Storage Across Sectors Updated On Thu, Apr 7th, 2022 by Saurenergy Gautam Solar has launched a new Gel Battery for domestic and international markets to address the need for energy storage for solar power plants, electric vehicles, telecom and rural electrification. Gautam Solar says that its Gel Batteries are cost -effective, thermally stable, long lasting and sealed maintenance free with no topping up ever required. Gautam […] Read more
Director, Energy Storage Systems (ESS), Electromobility Updated On Tue, Apr 5th, 2022 by Saurenergy As a Director, you will lead the technology area, Energy Storage System (ESS), responsible for the development of battery modules, packs and other related components and systems for the electric vehicle driveline in cooperation with colleagues within the electromobility team in your own department as well as globally with sister-teams in Sweden. As well as […] Read more
Panasonic to invest $4.9 bn in EV batteries, supply chain software Updated On Tue, Apr 5th, 2022 by Saurenergy Panasonic Corporation is joining the high-growth electric vehicles (EV) market, with plans to invest nearly $4.9 billion in automotive batteries, supply chain software and cyber physical systems, among others. The Japanese company said to achieve its future goals, the group is to invest 400 billion yen (nearly $3.26 billion) in “growth areas” and 200 billion […] Read more
Queensland Goes With Tesla Megapack Batteries for 100MW BESS Project Updated On Thu, Mar 31st, 2022 by Saurenergy The state government of Queensland has announced that the state owned power company CS Energy will build a 100MW battery energy storage system (BESS) by using Tesla Inc’s Megapacks batteries to support renewable power. The move comes despite the well publicised accident involving the megapacks in Australia’s Victoria Big Battery project earlier in July last […] Read more
AGL to Build Australia’s Largest Energy Storage Facility Updated On Wed, Mar 23rd, 2022 by Saurenergy AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […] Read more
